Forex Strategy Trading
Forex strategy trading is a discipline that involves using a particular method and a set of rules when trading. You need a method to your madness if you want to be successful over the long-term.
Trading without a strategy is like being in the middle of Harold and Kumar Go to White Castle. You know you want the sweet, sweet nectar that is White Castle (to win pips in Forex) but you're not really sure how the heck you're going to get there. Without a strategy, you probably won't be so lucky to find a hang glider to take you safely to your destination.
By the way... if you're looking for a good trading strategy, keep reading to the bottom of this page to find a pretty sweet deal.
A strategy will help you figure out what to do throughout the course of your trading day. A good strategy will have a set of rules and a general-purpose in mind.
One example of a popular strategy is Forex scalping. This type of strategy requires you to place many trades throughout the day that are all in very short time frames.
Another Forex strategy trading technique that many traders use is swing trading. Forex swing trading is a strategy that utilizes a medium timeframe and hopes to catch trends in the market.
Many Forex strategy trading methods also rely on trading the Forex news. This one is definitely not for those of you with pacemakers installed. You have to have ice water running through your veins (Jeremy Lin...you know what I'm talkin' about) to trade with this style. That's because the market can move many hundreds of pips within only a few minutes after a big news announcement. For example, if Ben Bernanke comes out in one of his press conferences and says, "We're going back on the gold standard later today. Just thought you guys should know," the value of the dollar would go haywire. And yes, Ben Bernanke does talk exactly like that.
Developing Your Own Strategy
We were all created differently and this makes us each operate on our own schedules. Because of this, no cookie cutter approach will work for every trader. This means that creating your own trading strategy can be beneficial when you want to trade over the long-term.
If you're not having much luck in the Forex market with cookie cutter software programs or trading strategies, it might be time to take things up a notch. You always see these gurus coming out with expert advisors that they created. Well, how exactly do they make those things? Do they hire Nova to come in and make Johnny 5 for the Forex market (Short Circuit fans? Anyone?)? Of course they don't.
One way that you can make your own trading strategy is with a product called Genetic Builder. I know it sounds like you're going to be getting into Monsanto territory and genetically engineering your own products. It's not quite that elaborate.
Genetic Builder is a really awesome new product made by the same guy that came out with Forex Morning Trade (honestly one of my favorite expert advisors). While everyone else is just selling a particular expert advisor or system, this product gives you the keys to the kingdom. You can actually create and test your own system for the purpose of Forex strategy trading. It will be completely yours and you can do what you want with it. Pretty awesome, right? I thought so too.
It's definitely not one of the cheapest products on the market, so if you don't have the money to spend, you'll probably have to just buy a regular expert advisor or manual strategy. Those are definitely not bad and I recommend several of them right here on the site. However, if you really want to make your own trading strategy that actually works, Genetic Builder is the tool you want to get.
Why Build Your Own Strategy?
You might be wondering why you would want to buy a tool that will allow you to do your own Forex strategy trading. After all, why would you mess around with that when you can just buy one that someone else has already made? The answer to that is that most commercial expert advisors don't last. Some of the select few work pretty well for a while until word starts to spread. Other traders hear about it and then they jump on the bandwagon. Before long, many people are taking advantage of the expert advisor and then brokers start to get wise. They tweak trading conditions just enough to throw the expert advisor off. Then your Forex strategy trading software no longer works like it once did.
By using Genetic Builder, you can create your own customized EA to trade like you want and no one will be ruining it for you. Your broker will just think you're a really good manual trader and they won't care because 10,000 other people aren't doing the exact same thing.
Want to find out more about this awesome new product?
Click here for more information about Genetic Builder or to get a copy.
Special Deal From Forex Trading Rookie
If you're thinking about ponying up and buying this cool new product, I'm going to sweeten the deal for you a bit. If you click on the link above and end up buying the software, I'll give you two extra bonuses that you won't get anywhere else.
Bonus #1 - A cash rebate of $50. That's right. I'm going to share a big part of the commision that I make from the sale with you. As soon as the 30 day return period has passed, I'll send you a direct payment through PayPal.
Bonus #2 - The second bonus is something that you might think is a little unorthodox for buying a Forex product, but it's awesome nevertheless.
If you buy through my link, I'll send you a voucher for a free 3 day/2 night vacation to one of several popular travel destinations. Yes, you'll get free hotel accomodations at places like Las Vegas, Hawaii and Florida.
The only thing you have to pay to use the voucher is a $12 processing fee and room taxes. Of course, with your $50 rebate that you're also getting from me, you'll be covered there also.
What to Do
If you want to take advantage of these two awesome bonuses, you simply click on the link to buy Genetic Builder and then shoot me an email with your transaction number and your postal address. After 30 days have passed, I'll send you the payment and your vacation voucher in the mail. It's really that simple.
If you're thinking about buying the system and getting started in Forex strategy trading, you might as well get some cool bonuses with it too, right?
Get started right now.
Return From Forex Strategy Trading to Forex Trading Systems
Return From Forex Strategy Trading to Forex Trading