Question by darionjames54: Money Making Forex Trading Strategies?
I was wondering if any of you could share your forex trading strategies that make you lots of money. I know that there is alot of money to be made in forex trading, I just dont know which forex trading strategy to get involved with. Can you share any forex trading strategies that work and require little effort. I am looking for the best forex trading strategies that make a consistent amount of profits.
Best answer:
Answer by Toni
I would go to a bookstore or library and find the best books I could find.
Have you tried that yet???
Know better? Leave your own answer in the comments!
{ 7 comments… read them below or add one }
quite obviously you have asked and answered your own question. Any type of bot is a joke and waste of time and money. There is nothing out there relating to trading that takes little time with max profits
I know that there is alot of money to be made in forex trading,
If that is true, why do you supposed 90% of the people that trade forex LOSE MONEY?? I don’t think there’s nearly as much money being made as you think there is.
If you want to make money very quickly and you are ready to take high risk then you can go for scalping, scalping is a good trading strategy, even i am also using this strategy with http://www.forexcult.com
There are many strategies that can be used but the best way to pick entries is with technical analysis.
There are many strategies for forex trading. You can find plenty for sale by doing a google search for “forex strategies”. The problem is, just because a strategy works for one person doesn’t mean it’ll necessarily work for another. People differ and analyze data differently. It’s best to develop your own strategy.
Good luck.
Money’s foreign exchange transactions are many methods, to find suitable for your own use. Good luck.
Use stocastic indicator with 14,3,3 as values and set levels as 10,20,80,90 in 4hrs chart…
when the green and red line crosses 80 or 90 and turns towards down side,put a sell order and
u will get at least 25pips profit..
And 10,20 for buying order…
Use it multiple pairs.. You can get atleast 100-600pips profit per day…