Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.
I am not a professional trader, but I would say that there is no definite answer to this question. as the strategies are very different between you and the one who is advising. You need to have your own strategy that you can easily tweak and understand. This is also my mindset: after I learn the basics, I ask my friends what is the best pair and their strategy. I tried it, but it wasn't working at all. But when I made my own strategy, that is when I started winning my trades.
There's no indeed answer to this question and with so lots of strategies that we do have or combinations that we could make then there's no such thing about a fix or precise strategy which would really be putting
you at advantage and make you profitable on this market.You cant point out which one because it would be a never ending kind of combination of tools and indicators until you do get a hang of it.
Different strategies on different conditions and since we know that market does have lots of variations then you would really be need to adjust basing up
into that which means that we do have lots of strategies to be testing out.