The Basics of Currency Trading and 9 Forex Trading Strategy Types

Do you think there is anyone in the world who knows all that there is to know about Forex trading?  I wonder myself sometimes if it is possible, but I don’t really think it is.  We are all at different stages when it comes to our understand of the currency markets, and how they work, and how we can profit from them.

Traders who enter the currency markets come from all different types of backgrounds.  Some have MBA degrees from prestigious business universities while others stumble in from a course they may have bought for a few quids on eBay.  Many traders know of only a few different strategies to earn money from the Forex market, but did you know that there are nine (and probably many more) different strategies that one can use to extract money from this economic behemoth.

I bet there are many facts and figures that you could add to this image from your experience in the Forex world so far, and I would be very interested to hear what they are!  You may have run across some forex trading strategies that even vary from the nine listed here in this graphic.  Please feel free to share those as well.  We can all learn from each other.

Infographic currency trading basics an 9 forex strategy types

Isn’t it fascinating all these different ways there are to trade foreign currencies?  I hope you’ve been able to learn something from this brief but interesting post. Maybe it served as a nice memory jogger.  Please feel free to share this post and information with your Forex trading friends–maybe it will help them learn something too.  If you have any questions or notes you’d like to make about this info, just jot them down below and we can discuss them together.  I’m interested to see what your thoughts are and if there are some trading styles that perhaps I left out of this list.

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About the author

Rimantas Petrauskas

First I am a father, a husband and then the author of the book “How to Start Your Own Forex Signals Service”. I am also a Forex trader, a programmer, an entrepreneur, and the founder of ea-coder.com Forex blog. I have created two of the most popular trade copiers and other trading tools for MT4 that are already used world wide by hundreds of currency traders.

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Copyright © 2009-2018. Rimantas Petrauskas | Terms and ConditionsPrivacy PolicyEarnings Disclaimer
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
The purchase, sale or advice regarding a currency can only be performed by a licensed Broker/Dealer. Neither us, nor our affiliates or associates involved in the production and maintenance of these products or this site, is a registered Broker/Dealer or Investment Advisor in any State or Federally-sanctioned jurisdiction. All purchasers of products referenced at this site are encouraged to consult with a licensed representative of their choice regarding any particular trade or trading strategy. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.
Clearly understand this: Information contained in this product are not an invitation to trade any specific investments. Trading requires risking money in pursuit of future gain. That is your decision. Do not risk any money you cannot afford to lose. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. Do not act on this without advice from your investment professional, who will verify what is suitable for your particular needs & circumstances. Failure to seek detailed professional personally tailored advice prior to acting could lead to you acting contrary to your own best interests & could lead to losses of capital.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

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