Trading Strategies:
Trend following: Identifying and trading in the direction of prevailing market trends.
Counter-trend trading: Trading against short-term market movements in anticipation of a reversal.
Range trading: Trading within a defined price range, capitalizing on price oscillations.
Scalping: Taking multiple small profits from quick price fluctuations.
Swing trading: Holding trades for a few days to weeks, aiming for larger price swings.
Resources for Trading Strategies:
Technical analysis books: «Technical Analysis Explained» by Martin Pring, «Japanese Candlestick Charting Techniques» by Steve Nison
Online trading courses: Coursera, Udemy, edX
Forex trading forums: ForexFactory, BabyPips
Trading signals: Provided by signal providers, but caution should be exercised.
Educational Resources:
Forex websites: DailyFX, Investopedia
Forex brokers: Many brokers provide educational materials and market analysis.
Financial news outlets: Bloomberg, Reuters, CNBC
Books: «The Forex Bible» by Chris Lori, «The Intelligent Investor» by Benjamin Graham
Tools and Software:
Trading platform: MetaTrader 4/5, cTrader
Charting software: TradingView, Thinkorswim
Economic calendar: Forex Factory, Investing.com
Forex news feed: Bloomberg, Reuters
Other Resources:
Demo accounts: Allow you to practice trading without risking real money.
Forex brokers comparison websites: Compare broker fees, features, and customer service.
Forex trading community: Join online groups and forums to connect with other traders.
Forex webinars: Offered by brokers and educational providers, covering trading strategies and market analysis.