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What Forex trading strategy should I use?

Answered By Editor


Different currency traders use different trading strategy and have had many discussions in which to use and which is the best. These strategies are basically divided into two positions:

1) the technical and
2) the fundamental strategies.

The technical strategy uses flow charts, resistance and support levels, trend lines and other mathematical analysis to predict the movement of the market.

The fundamental strategy makes use of the government and economic stability of a country, news, rumors, reports and government issued indicators.

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