Alan Solarsh Review- 5 Effective Forex Trading Strategies Forex can be traded in several different ways, so you should choose one that is suited to your experience and goals, as well as the context. Here, Alan Solarsh has outlined the fundamentals, benefits, and drawbacks of nine popular forex trading strategies to help you decide which is right for you.
Trend Trading One of the most reliable and simple forex trading strategies is trend trading. Trades are made in the direction of the current price trend, as the name suggests. Trades can only be executed effectively when traders identify the trend direction, duration, and strength. Position Trading Position trading is a strategy in which traders hold their position for an extended period of time - from a couple of weeks to several years. As a longterm trading strategy, this approach requires traders to take a macro view of the market and tolerate smaller market fluctuations that counter their position says Alan Solarsh Review Range Trading This strategy involves the use of support and resistance levels to determine where to buy or sell. Prices reach support and resistance levels before