An educational website for forex traders

3 hours ago 2

🎯 8 Proven Trading Strategies

Compare major forex pairs, analyze market conditions, and master proven trading strategies with detailed entry/exit rules

Explore Strategies Below

Major Forex Pairs Analysis

Real-time comparison of the most traded currency pairs

Most traded currency pair globally, excellent for beginners

Recommended Strategy

Trend Following

GBP/USD

British Pound / US Dollar

Known as 'Cable', offers good volatility for day trading

Recommended Strategy

Breakout Trading

USD/JPY

US Dollar / Japanese Yen

Popular for carry trades and range trading strategies

Recommended Strategy

Range Trading

AUD/USD

Australian Dollar / US Dollar

Commodity currency, correlates with gold and oil prices

Recommended Strategy

Trend Following

USD/CAD

US Dollar / Canadian Dollar

Oil-sensitive pair, good for commodity-based strategies

Recommended Strategy

News Trading

USD/CHF

US Dollar / Swiss Franc

Safe haven currency, moves opposite to EUR/USD

Recommended Strategy

Range Trading

Complete Trading Strategies

Detailed strategies with entry rules, exit conditions, and risk management

Trend Following Strategy

Captures major market trends using momentum indicators

Performance

Timeframe:4H - Daily

Market:Trending markets

Trading Rules

Entry Conditions:

  • 20 EMA crosses above 50 EMA
  • RSI above 50 and rising
  • Price breaks above previous swing high
  • Volume confirmation on breakout

Exit Conditions:

  • 20 EMA crosses below 50 EMA
  • RSI shows bearish divergence
  • Price closes below 20 EMA
  • Take profit at 2:1 risk-reward ratio

Risk Management

Stop Loss

Below recent swing low (50-100 pips)

Take Profit

2x stop loss distance or resistance level

Strategy Performance Comparison

Compare the effectiveness of different trading approaches

Trend Following

87%

Win Rate

Risk Management Rules

Essential risk management principles for all trading strategies

Position Sizing

Never risk more than 1-2% of your account on a single trade. Use proper lot sizing based on your stop loss distance.

Formula: Risk Amount ÷ Stop Loss Distance = Position Size

Risk-Reward Ratio

Maintain a minimum 1:2 risk-reward ratio. For every $1 you risk, aim to make at least $2 in profit.

Target: 1:2 minimum, 1:3 preferred for most strategies

Stop Loss Placement

Always use stop losses. Place them at logical levels like support/resistance, not arbitrary percentages.

Rule: Set stops before entering trades, never move them against you

Ready to Apply These Strategies?

Open a live trading account and start implementing these proven forex strategies

Read Entire Article