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The 10 Best Forex Strategies.

Started by admin, Oct 26, 2019, 10:49 am

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The 10 Best Forex Strategies.
Looking for the best forex trading strategy? Your search is over. Here's the best I've found in over 10 years of trading, trialling and researching...TOTALLY FREE!
FREE FOREX TRADING STRATEGIES.
When it comes to selecting strategies to trade, you have the choice between buying one off-the-shelf or trawling the Internet for freebies. The trouble with free forex trading strategies is that they are usually worth about as much as you pay for them. They haven't been tested, and there is little evidence of their reliability.
The strategies covered here on the other hand, are ones that either I or successful traders I know have used in a consistently profitable fashion...
N.B. not all of the following strategies are equal in all markets. Some perform better than others, and each individual trader will find some strategies more suitable for them to trade than others.
#1: The Bladerunner Trade.
The Bladerunner is an exceptionally good EMA crossover strategy , suitable across all timeframes and currency pairs. It is a trending strategy that tries to pick breakouts from a continuation and trade the retests.
#2: Daily Fibonacci Pivot Trade.
Fibonacci Pivot Trades combine Fibonacci retracements and extensions with daily, weekly, monthly and even yearly pivots. The emphasis in the discussion here is on using these combinations with daily pivots only, but the idea can easily be extended to longer timeframes incorporating any combination of pivots.
#3: Bolly Band Bounce Trade.
The Bolly Band Bounce Trade is perfect in a ranging market . Many traders use it in combination with confirming signals, to great effect. If Bollinger Bands appeal to you, this one is well worth a look.
#4: Forex Dual Stochastic Trade.
The Dual Stochastic Trade users two stochastics - one slow and one fast - in combination to pick areas where price is trending but overextended in a short term retracement, and about to snap back into a continuation of the trend.
#5: Forex Overlapping Fibonacci Trade.
Overlapping Fibonacci trades are the favourites of some traders I have known. If used on their own, their reliability can be a little lower than some of the other strategies, but if you use them in conjunction with appropriate confirming signals, they can be extremely accurate.
#6: London Hammer Trade.
The extra volatility you get when London opens presents some unique opportunities. The London Hammer Trade is my take on an attempt to capitalise on these opportunities. Especially effective during the London session, it can be used at any time when price is likely to be taking off strongly in one direction, and possibly reversing from an area of support/resistance just as strongly.
#7: The Bladerunner Reversal.
As mentioned above, the Bladerunner is a trend following strategy. The Bladerunner reversal just as effectively picks entries from situations where the trend reverses and price begins to trade on the other side of the EMA's.
#8: The Pop 'n' Stop Trade.
If you've ever tried to chase price when it bounds away to the upside, only to suffer the inevitable loss when it just as quickly reverses, you will want the secret of the pop and stop trade in your trader's arsenal. There is a simple trick to determining whether or not price will continue in the direction of the breakout, and you must know it in order to profit from these situations.
#9: The Drop 'n' Stop Trade.
The flip side of the pop and stop, this strategy trades savage breakouts to the downside.
#10: Trading The Forex Fractal.
The forex fractal is not just a strategy but a concept of market fundamentals that you really need to know in order to understand what price is doing, why it is doing it, and who is making it move. This is the kind of inside info that took me years and many thousands of dollars to learn. It's yours here for free , so make use of it 🙂 There are also several sites on the net offering free strategies . The problem with most of these sites is, as mentioned above, they just give a brief description of each strategy, with little real proof that they work. Consequently, there is a need for greater research on your part before using any of those strategies in your actual trading. Once you have selected a strategy from one of these sources you will of course need to thoroughly back test and forward test it. The various processes for this are covered in Forex Strategy Testing There are also several commercial systems to consider. Since these are more comprehensive than the simple strategies presented above, and thereby fall into the definition of Forex Trading System, they are dealt with separately in the following section, Forex Trading Systems.

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FXDailyReport.Com.
Highest profits are realized only when the best forex trading strategies are employed by the forex traders. There are many time tested forex strategies that can be used by serious traders. Whereas some of them are based on the effect of the current political and economic scenarios of a country, some others rely on charts and numbers that are based on past performances of the forex market. All the strategies that are explained briefly in this article have different levels of complexity. It is also important to note that whatever may be the strategy that the forex trader wants to apply, the best effects occur only when the trader has sufficient knowledge and experience in the field. This article aims to familiarize the readers with a few well-known forex trading strategies.
Major Forex Trading Strategies.
The main categories of forex strategies used by traders include: Fundamental Strategies, Technical Strategies and Popular Strategies. Fundamental forex trading strategies are dependent on the fundamental economic indicators of a nation and other political events that happen in a nation. Technical forex trading strategies rely on the statistical and mathematical models of the currency prices and the analysis thereof. Popular trading strategies are always a combination of the fundamental and technical analyses.
Fundamental Analysis Based Forex Trading Strategies.
Forex traders evaluate currencies and the countries much like how equities and companies are evaluated to get a clear idea of the currency's value. The value of a currency changes due to many factors such as economic growth of the nation and its financial strength. All this information is analyzed by the forex traders to evaluate the value of its currency. Fundamental trading strategies cannot be easily mastered by a newbie forex trader. Given below are some trading methods that use fundamental analysis.
Method #1: Trading the news.
This method is all about analyzing important news happenings on different fronts in a nation and understanding the implications that they will have on the currency market. The trader will then place the trades accordingly. The market moves in an unpredictable manner when there are sudden political or economic happenings in any nation. As the forex market operates round the clock, news flows in from all parts of the world. Trading on the basis of economic news and data suits all kinds of traders wherever they are and whichever currency they choose to trade.
Method #2: Trading market sentiment.
This forex trading strategy takes advantage of the momentum of the market that is currently prevalent. Any market sentiment is a sum total of all the traders' prevalent sentiments. This ultimately results in the forex market moving in a specific direction. Market sentiment is a very important aspect and traders should learn to read or feel the same in order to successfully trade currencies. Sometimes it is easy to understand the sentiment, but some other it may not be very obvious.
Method #3: Market Volatility.
The forex market is a very volatile market. When the market is volatile, traders get lessons on how to hedge, develop and acquire broad/diverse portfolios, and act on low leverage to exploit the prevailing market condition. There are two different types of volatility. They are historical and implied volatility. The former refers to the normal price action with respect to a period of time (say, a month or year). Abnormal current and future price action is referred to as implied volatility. It often exceeds the historical range when compared with the historical price action.
Method #4: Arbitrage.
Arbitrage is based on the premise of the forex trader trying to make a gain from small differences (of the currency) that exist either in the same or different markets. This is primarily a form of speculation. Identifying the right conditions and employing this strategy is not an easy task. Arbitrage strategy best market participants who have best technology systems and have quickest access to information. Arbitrage is best employed when the same currency has two different prices.
Method #5: Interest rates.
Any nation's central bank, adjusts the rates of interest from time to time in order to contain or curb the inflationary trends. This, in turn, has a definitive effect on the currency market and traders assume trading positions accordingly. The central bank of a country does not act as it is a solid body. The interest rate is increased or decreased based on the vote cast by the members of the monetary policy committee. The number of members monetary committee varies from one bank to another. If the interest rate is cut, there will be more money in circulation. This makes it cheaper. If the interest rate is hiked, its value increases.
The forex trading strategy Carry Trade is different from other forex strategies. While most of the Forex trading strategies follow the concept "buy low/sell high", Carry Trade relies mainly on the difference in interest rate between the currencies. This means that forex traders can make profit even if the market is stable. When employing this strategy, traders buy a currency with a high differential ratio, meaning the interest rate of the currency they buy will be higher than that of the currency they sell.
Fair Value strategy made use of in various financial markets. In the forex market, the fair value of a currency is determined based on the economic situation in a country. In order to use this forex strategy , traders must have an understanding about a few basic related to the economy, especially the GDP growth of the two economies whose currencies they plan to buy and sell. Other aspects to be considered include the unemployment rate and the inflation data.
Technical Analysis Based Forex Trading Strategies.
Some of the other best forex trading strategies are based on the technical analysis. This method is particularly important in day trading. Technical analysis is useful to traders in that it gives them an indication of times when they can enter or exit the market. It also helps the trader to make the most out of the existing market status. Given below are brief explanations of some of the technical analysis based trading strategies.
#1: Fibonacci Indicator.
This strategy is employed by forex traders as a long-term plan to make the trades profitable. The indicator mainly uses the 'Pullback' and the 'Trend', both of which are fundamental in nature. In order to have a complete understanding as to how this strategy works, traders must be familiar with the more fundamental concept called 'the trend'. It is very difficult to explain each individual price change and determine a pattern as there will be many of them. Traders need to look at the bigger picture in order to see trends. The three key Fibonacci numbers that traders should always remember are 0.382, 0.5, and 0.618. They should also keep in mind 0.764 and 0.236.
#2: Horizontal Levels.
These are indicators that help the trader to analyze charts and can be used by itself or as a helping tool in other strategies. Traders can make successful traders just by watching the price changes that are very obvious to them and drawing their horizontal levels. However, a better understanding of the horizontal levels in more complex charts helps them to spot trends that they would have otherwise missed.
Divergence is a tool that helps the traders to learn the price behavior of the currency. This analysis generates patterns that will help to predict the direction of movement of the currency rates. Divergence, a leading indicator, helps traders to significantly increase their profits. This is because the likelihood of trading in the right direction and at the right time increases if this indicator is used along with others such as Moving Averages, Stochastics, RSI, Support and Resistance levels, etc.
This method is mostly put to use by the retail investors. This tool works well in both volatile and the not-so-volatile market conditions. However, candlesticks work optimally when used with other tools. They do not reveal past price action details.
#5: Wedges and Triangles.
Currency pair prices generally do not follow a straight-line path when moving up or down. They usually consolidate before breaking out into the next surge or dip when moving up or down. A wedge or triangle is formed during these consolidation periods. This effect is very visible when a chart is viewed using smaller time-frame boundaries.
#6: Head and Shoulders.
To really master the candlestick charts, traders have to learn about some of the common patterns. The pattern 'Head and Shoulders' is one of the most recognizable and tradable chart patterns. The Head is the higher peak and Shoulders are the two lower ones. This patterns becomes relevant when the support (neckline) is broken.
In Forex trading, hedging is a commonly used strategy to limit risk. Traders choose two currency pairs that are positively correlated (such as EUR/USD and GBP/USD or AUD/USD and NZD/USD) and then take opposite directions on both of them. Hedging helps to reduce the risk of loss during uncertain times.
The 'Elliot Wave Theory', named after Ralph Elliot, is one of the oldest forex strategies. He analyzed the stock price data for around 70 years and found out that human psychology (emotions, fear and greed) drove the market and that it moved iteratively. This is to say that the market switches between optimistic and pessimistic modes. In this strategy, the motive phase unfurls in 5 steps.
Popular Forex Trading Strategies.
Some popular forex trading strategies are explained briefly in the paragraphs below.
#1: Multiple Time Frames.
As suggested by the name, this method involves tracking the price of a currency pair over many time frames. This action helps to fix high and low points which subsequently help to work out a price trend that the currency rates are following. The changes and patterns are not discernible if viewed over a single time frame.
Scalping is a method that can help a trader to make a lot of money in a short span of time. This is a technique used in intraday trading and involves opening and closing positions quickly one after the other. The method demands a lot of attention and alertness on the part of the trader to make successful trades.
#3: Support and Resistance Levels.
The upper end that marks the end of a bullish run is called the 'resistance' level and the corresponding lower end of a bearish trend is referred to as 'support' level. However, these do not last for very long periods. However, the talent of a trader lies in being able to identify these levels just before the next break.
#4: Trend Trading.
Trading currencies following the existing market trend is the safest way to maximize profits. The most important aspect in trend trading is to be able to identify the topmost or the bottom points.
#5: Moving Averages Trading.
This indicator can be easily placed on a chart. The moving averages strategy involves waiting for the price of the currency to get close to this level on the chart. When the price nears this level, the trader can decide to buy or sell the currency pair.
#6: Bladerunner Trade.
This is an exceptionally good strategy and works across all timeframes and for all currency pairs. This trending strategy picks breakouts from a continuation so as to help traders trade the retests. Candlesticks, pivot points, support and resistance levels and round numbers can be used when employing this strategy. Off-chart indicators are not necessary.
#7: Bolly Band Bounce Trade.
This strategy is best suited for a ranging market. Many traders make use of this strategy to great effect by combining it with confirming signals.
#8: Dual Stochastic Trade.
The Dual Stochastic Trade makes use of two stochastics: slow and fast. The two stochastics are used in combination to pick spots where price is trending, but is overextended in short term retracements and are about to snap back into the continuing trend.
#9: Pop 'n' Stop Trade.
Traders who have chased the price as it bounces upward and have often suffered losses because of a sudden reversal would want to keep this strategy in their minds when trading currencies. By employing this simple strategy, they can determine whether the price will continue in the breakout direction or not. This helps them to increase their profits or reduce losses.
( 2 votes, average: 3.50 out of 5)

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Forex Trading Strategies.
Forex Trading Strategies Welcomes You To 2019!
Make sure you sign up for my free Forex and Cryptocurrency charts I publish every weekend.
If you want to start online Forex trading in 2018 or just looking for best Forex trading strategies that work , then you've come to the right place.
Or if you wan't to learn Price Action trading then if you click this link, you'd be taken to my very comprehensive Price Action Trading Course ...and yes, its FREE.
You have full access to hundreds of free Forex trading strategies and systems for different levels of traders from beginners to veteran traders:
Forex scalping strategies (choose from 14 forex scalping systems) Currency News Trading Strategies (choose from 3 strategies) Price Action Trading Strategies (64 trading strategies to choose from) Simple Trading Strategies Suitable for For Beginners (37 trading strategies to choose from) Complex Trading Strategies For Advanced Traders (9 forex trading strategies to choose from) Advanced Trading Strategies (15 trading strategies to choose from)
How To Create A Solid Forex Strategy.
One biggest mistake for many new traders is starting to trade Forex without a solid Forex trading strategy.
The Forex market is really attractive because it operates 24 hrs a day and you can trade when the market is going up or when the market is going down and in the eagerness to make money, or prove themselves they dive headlong into trading.
Does that mean the beginner Forex traders cant make money?
Yes, you can make money trading Forex...and its if you are a beginner trader and you get into Forex trading and start making money right away, you should be very careful to let ego overcome you.
You can make a fortune trading currencies in the short term but soon this will lead to a bad psychology and trading discipline problems and you'll end up blowing up your forex trading account.
Good trading discipline, psychology and humility are only achieved through experience.
To be successful in Forex trading, you'v got to have a strategy/plan in place which you must follow.
Creating or finding a Forex trading strategy is very important as this addresses the following:
Reason for taking the trade: why buy or sell? And what currency pair? Timing of the trade: why buy now? should you buy or sell after economic news release? Asian session, London session? New York session? Trading objective: what's the profit target? What's your stop loss? Money management? How much are you risking per trade? Per day? Documenting and analyzing your trading results? This identifies your strengths are well as weaknesses .
What is your reason for entering a trade?
And there should be a really good reason!
If you are entering a trade out of boredom or just the need to take a trade for the excitement, this is a recipe for disaster.
Nothing feels more worse than entering a trade and watching a trade turn into a loss when you precisely know you should not have taken that trade in the first place!
Every trade should be taken based on a condition that's been stated in your trading strategy, whether it be a technical reason or fundamental reason or both. Follow what your trading strategy says.
Free Forex Trading Strategies.
When selecting which type of forex trading strategy to use, you have two options:
You either pay for them You can use any of the free Forex trading strategies on this site and test them out.
The trouble with paid Forex trading systems is that:
You can spend a lot of money on buying a Forex trading strategy that does not fit your trading style. Later down the line you realize it does not fit your trading personality so you won't be using it once your initial fascination starts to wear off. Waste of money.
With free Forex trading strategies:
You have the option to test them out without paying for them and eventually find a trading system that suits you. Free Forex trading strategies can make money in Forex.
With that in mind, this Forex website has hundreds of Forex trading strategies for all kinds of traders from beginners to advanced traders.
You may also like these:
These Forex trading systems range from simple Forex trading strategies to complex Forex trading systems, from Forex trading strategies for beginners to advanced traders and including Forex price action trading strategies.
Here are the 6 different types of Forex trading strategies and systems on this site:
Table Of Contents.
1. Forex Price Action Trading Strategies.
These are Forex trading systems that are based on price action. Either they can be pure price action trading, which means they only rely on candlesticks and (or) chart patterns or a combination of other Forex indicators with price action. Yes, you can do currency trading just by looking at the price bars.
For a huge and amazing list of free Forex price action trading strategies , click here .
You can learn such price action trading systems like:
Click here to go to the the price action trading strategies.
2. Forex Scalping Systems.
The next group of Forex trading strategies on this Forex website are Forex scalping strategies .
If you wan't to be a forex scalper, you got to find trading systems that you can trade in a much lower timeframe like the 1 minute and the 5 minute timeframes.
for a list of Forex scalping systems , click here.
Forex Scalping Systems.
Here are the list of forex scalping systems on this site:
To check out these free forex scalping trading systems and strategies listed above, click here .
Best Forex Scalping Strategies.
If you are thinking of Forex scalping, you must have balls of steel and really high concentration and don't even try to blink too (just kidding).
Here are some Forex scalping systems and strategies on this site:
What Is Forex Scalping?
Forex scalping is a day trading technique where Forex trader executes a trade and exit within minutes or seconds on some cases.
So essentially, when you a forex scalp trader, you are not looking for big profit targets, you are looking for very small profit targets per trade like 5 pips, 1o pips or even 15 pips. And you are trying to take many trades throughout the trading session with these small profit targets.
So what' the point of Forex scalping then?
Well, here' the thing: the goal of the FX scalper is to make many trades throughout the trading session and hope that in the end, all those small profits will add up and exceed the trading losses incurred (and take care of spread costs for trading).
Many Forex trader do not like Forex scalping because they see no point in going for very small profits and being involved with this kind of high pressure trading environment.
But the funny thing is that hare are many trader that do like Forex scalping. If you are interested, this forex website also has forex scalping strategies which you can check them out and try if you like by clicking here.
3. Forex Currency News Trading Strategies.
Then there are also Forex news trading systems here.
If' you'd like to trade non farm payroll or interest rates decisions or employment/unemployment figures that are released monthly, these forex news trading strategies and systems are what you should be using.
for a list of Forex currency news trading strategies click here.
Trading news can be both profitable and extremely risky as well.
If you don't know what to do, do not trade news. You can wipe your trading account within a few seconds to minutes because price can move against you so fast you will be caught out.
But if you are not using Forex news trading strategies and then these days, its best to check everyday before you trade what major economic news releases are scheduled to be out and then decide if you wait until the news is released then trade or just simply wait for another day.
These are Forex trading strategies where you can use to trade forex news:
For more information on the news trading strategies, listed above, click here .
4. (Basic) Simple Forex Trading Strategies For Beginners.
If you are a beginner, having a complex and advanced Forex trading strategy will confuse the heck out of you. Take your time!
What you need is to start with are basic Forex trading strategies and work your way up from there. These are really easy forex trading strategies.
Being a basic Forex trading strategy does not mean they are going to be unprofitable trading systems.
Simple here means that the trading rules of these Forex trading strategies are really easy to understand and execute when you are trading.
There are not many conditions or rules to confuse you. That's why these are suitable forex trading strategies for beginners.
for an awesome list of simple forex trading strategies for beginners, click here.
These are really simple forex trading systems suitable for beginners who are starting to trade forex.
Being simple does not mean that these forex strategies are not profitable. As a matter of fact, simple forex trading systems are much easier to use and can be extremely profitable.
Once you get the hang of it, then you can start to develop your own forex trading systems or move on to more advance forex trading strategies and even price action forex trading strategies.
If you are a beginner forex trader, you really don't want to confuse yourself too much with all the other stuff...just find a simple forex trading system and demo trade it out for a while.
What you will find is that the simplest forex trading systems are the ones that can make money. Find out, stick to it and try to make it work for you by sticking to its trading rules with proper trading risk management.
5. Complex Forex Trading Strategies.
As you progress up the ladder in your understanding, you'd come across to complex forex trading strategies and systems.
These type of forex trading strategies need a lot more thinking and trading conditions and hence the name-complex trading strategies.
for a amazing list of complex forex trading strategies click here .
6. Advanced Forex Trading Strategies.
I don't know why I have to put up an "Advanced forex trading strategies" category but I have so there's nothing I can do about it now.
Almost similar to complex forex trading strategies, the advanced forex trading strategies do take a bit of getting used to.
There can be a lot of conditions to fall into place before you can execute a trade.
for a huge list of advanced forex trading strategies, click here.
These forex trading strategies in the advanced category do involved a bit more thinking and they are not so simple if you are new forex trader.
Forex Trading strategies like:
Cick here to head over to these list of advanced forex trading systems given above.
Price Action Trading.
Price action trading is simply technical analysis trading using the the action of candlesticks, chart patterns, support and resistance levels to execute orders.
To be a better price action trading, you need to have a solid understanding of how price action theory and how to trade it in real time.
For this reason, I've written a price action trading course. And yes, its not going to cost you anything...it is absolutely free.
Ff you like to to to know how to trade with price action then click this link and you'd be taken to my forex price action trading course which will teach you to become a better price action trader.
In the price action trading course, you learn about such things as:
and lots more. Click here to go to this price action trading course.
If you'd like to know the type of forex trading strategy that one newbie forex trader used to make a million dollars in trading forex then read this post I wrote: How Fred Made $1 Million Dollars From 40 Trades In 3 Months-You Wouldn't Believe What Happens Next !) if you want to know how to multiply your forex profits fast then the pyramid trading method is one method you should know and learn how to do it properly.
And this is not all, there are:
lots of trading tips, trading methods and techniques, forex indicators expert advisors forex articles.
All you need to do is search the different categories of this website.
In here, there's hundreds of free forex trading strategies and systems for different levels of traders from beginners to veteran traders.
So take your time to explore and I hope that you find the best forex trading strategy that you can use to trade the forex market and many profitable pips to you.
4 Essential Elements Of A Forex Trading Strategy.
What is a Forex trading strategy (system)?
A forex trading strategy is simply a set of rules telling you when to buy or sell when certain market conditions are met in order to make a profit.
Any forex trading strategy should have these 4 core but basic elements:
the condition(s) that should trigger you to buy or sell. where to place your stop loss order , where to place take profit target and the system should have rules on how to manage a trade.
That's the definition of a what a forex trading strategy is.
If a a trading system that does not have any one of these core elements, the you are going to be left confused in implementation.
To put simply, forex market can be said to be chaotic. So to have order in a chaotic market, you got to have rules.
Forex Strategies Resource.
There's also a lot more Forex strategies resources in this Forex website which includes:
Let me give you a brief overview of what is in them...
Candlesticks And Chart Patterns.
In here, you have:
Forex Trading Videos.
Watching forex trading videos is one quick way to learn about forex trading as well as to grasp trading concepts much quicker including learning forex trading strategies.
Forex Trading Videos in here include the following:

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A Look at the Best Crypto Trading Strategies.
In the world of trading and investing, there are two different methods for speculating across all asset >
Fundamental Analysis vs Technical Analysis.
Fundamental analysis is most widely used among stock market traders, particularly those who invest in individual stocks. This particular method focuses on earnings per share (EPS), price-to-earnings (P/E) ratio, dividend yield, and debt-to-equity ratio.
The main objective of fundamental analysis is to determine the intrinsic value of the individual stock. If the price of the stock is trading below its intrinsic, an investor may want to buy the stock.
Investors use fundamental analysis with other asset classes such as bonds, commodities, and alternative investments. Regardless of the asset class, the objective is always the same -- to determine the intrinsic value of the underlying asset.
If the asset is trading below its intrinsic value, the investor would be inclined to buy the security based on the fact that it's undervalued. This can be a foundation of day trading futures strategies.
Technical analysis uses a completely different method. It's a trading approach designed to evaluate investment flows and trading opportunities by analyzing statistical trends.
These statistical trends are gathered from various trading activities, most notably price movement and volume. Technical analysis makes no effort to determine intrinsic value. Instead, it focuses on patterns derived from price movements and charting tools. These tools are used to appraise the strength or weakness of the underlying security or asset >and determine the day trading strategies for cryptocurrency or other assets.
Although technical analysis can be used with any asset class, it is most widely used among currency and commodity traders. Why?
Because historical research suggests that currencies and commodities generate much better performance results when traders use trend-following tools commonly found in technical analysis to develop their day trading futures strategies.
Cryptocurrencies Work Best With Technical Analysis.
Although cryptocurrencies have only been in existence for 10 years, technical analysis has proven to generate good crypto trading strategies and a better trading experience versus fundamental analysis.
Given the dramatic price fluctuations within the crypto universe, it's virtually impossible to accurately determine the intrinsic value of any cryptocurrency, including Bitcoin. Therefore, it's impractical to apply fundamental analysis if the intrinsic value is unavailable. The best futures trading strategies for crypto incorporate technical indicators.
Cryptocurrencies behave in a similar manner to commodities and foreign currencies (forex). Therefore, using technical indicators is the best course of action. There are hundreds of different technical indicators. Consequently, it can be rather difficult to select the best indicators when developing your day trading cryptocurrency strategy . Some simply work better than others.
Let's review a few of the indicators that have yielded decent results trading cryptocurrencies. We'll use Bitcoin in our examples , but keep in mind that the best crypto trading strategy advice can usually be used for any coin.
Pay Attention to Volume.
Volume can prov >when developing their crypto trading strategies . However, this is a mistake. Why? Because volume provides a "snapshot" picture of how many traders are actually establishing positions at various price levels.
The best way to use this indicator to develop a day trading cryptocurrency strategy is to compare and contrast the daily volume on a big up day or a big down day. If a bullish breakout is not confirmed by record volume, it's probably a false breakout.
Additionally, if a bearish breakout is not confirmed by record volume, the most likely outcome is also a false breakout.
As you can see from the table above, Bitcoin generated a bullish breakout @ 7357 on September 4, 2018. However, the volume was incredibly weak @ 53,273 contracts.
This turned out to be a false breakout. The price of BTC quickly rolled over to the downs >with great Bitcoin strategies who followed the volume indicator on September 4, were able to cut their losses very quickly.
The volume indicator produced another signal on November 20, 2018. A sell signal occurred @ 4791 on extremely heavy volume of 299,188 contracts. This was a valid signal because a new low occurred on record volume. Traders who shorted BTC @ 4791 enjoyed a very profitable trade. The price of BTC has never traded above 4791 since November 20. The volume indicator worked incredibly well on this particular trade.
A third signal occurred on December 17, 2018. The volume indicator initiated a sell signal @ 3203. However, the sell signal was not matched by record volume. Therefore, this trade resulted in a false breakout to the downside.
You will notice that Bitcoin never fell below the low achieved on December 17 @ 3158. The low was not confirmed by heavy volume. This is known as a bullish divergence. Consequently, there is a decent chance that 3158 may have marked the final bottom in the Bitcoin bear market.
As you can see, volume is a very useful tool in the world of technical analysis. You should always pay attention to volume when developing Bitcoin trading strategies as it has the potential to generate very profitable trades. More importantly, it can identify false breakouts, which will allow you to cut your losses very quickly. Don't ignore volume!
Basing Your Bitcoin Trading Strategies on Relative Strength Index (RSI)
The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The oscillator fluctuates between 0 and 100. RSI is a fairly popular indicator which can be found on many financial websites and in day trading strategies for cryptocurrency.
Typically, traders use RSI to determine if a market is overbought or oversold. The general belief is that a market becomes overbought when RSI exceeds 70. Conversely, a market becomes oversold when RSI drops below 30. This particular strategy doesn't work very well in the real world. Markets can remain overbought or oversold for extended periods of time. As a result, RSI tends to generate many false signals.
Based on historical research, a more appropriate way to apply RSI is to use it as a confirmation indicator. For example, if Bitcoin is making a new high, RSI should also be making a new high in order to confirm the strength of Bitcoin's breakout into new territory.
If Bitcoin is making a new low, RSI should also be making a new low in order to confirm the strength of Bitcoin's breakout into new territory.
The table above displays the bearish breakout on June 25, 2018, @ 6035. RSI d >and waiting for the best market to trade cryptocurrency.
The same outcome occurred on July 25 and December 17. BTC generated a breakout based on its price level. However, RSI did not confirm the breakout. Traders who followed the RSI indicator were able to avoid a losing trade by ignoring the buy signal on July 25, and ignoring the sell signal on December 17.
The RSI indicator works remarkably well at confirming bullish and bearish breakouts. Traders who have the discipline to follow this indicator will save money by ignoring the trades that are not validated by a new RSI breakout.
Don't Ignore Money Flow.
The Money Flow Index (MFI) is a momentum indicator that measures the inflow and outflow of money into a security over a specific period of time. It uses price and volume to calculate trading pressure. Arguably, MFI is the surest way to determine the amount of money entering and leaving a particular security or market and if you're looking to develop the best crypto trading strategy, you can't ignore MFI.
Similar to RSI, the index fluctuates between 0 and 100. In terms of Bitcoin, the best way to apply MFI for great Bitcoin strategies is to use it as a validation tool. For example, if Bitcoin is making a new high, MFI should also be making a new high in order to confirm the strength of Bitcoin's breakout into new territory.
If Bitcoin is making a new low, MFI should also be making a new low in order to confirm the strength of Bitcoin's breakout into new territory.
MFI confirmed the bullish breakout on October 10, 2017, and December 1, 2017. MFI did a great job of invalidating the breakout on December 18, 2017. Additionally, MFI invalidated the bearish breakout on December 22, 2017.
The Money Flow Indicator performed exceptionally well as a day trading cryptocurrency strategy in late-2017, during the most volatile time period in the history of Bitcoin.
True Range Breakout (TRABOS)
The true range breakout indicator (TRABOS) is designed to capture short-term price fluctuations across all asset >It can also be applied to day trading futures strategies, as day trading also requires a certain amount of aggression.
The most attractive aspect of TRABOS is based on the fact that it rarely misses a big move. Why? Because trading signals are calculated on a daily basis. Therefore, the indicator is constantly searching for profitable trading opportunities. See below.
Note: A sell signal was generated @ 6192 on November 14, 2018.
The trading rules for TRABOS are rather simple. You can find them below:
Calculate the true range (daily high minus daily low). Buy signal is the closing price plus the true range. Sell signal is the closing price minus the true range. If long, the profit target is the daily high on the day of entry. If long, the protective stop is the low on the day of entry. If short, the profit target is the daily low on the day of entry. If short, the protective stop is the high on the day of entry.
As you can see from the table, no signal was generated on November 13. However, a sell signal was generated on November 14, @ 6192. This turned out to be a very profitable trade because BTC experienced a substantial decline on November 14. The profit target was achieved on November 15 @ 5225.
After the trade has been completed, simply calculate a new buy/sell signal for the next day. TRABOS creates 2 to 3 trades per week. The "key" to success is to consistently take every trade for an extended period of time.
TRABOS would be a great indicator to use on the Digitex Futures platform. Why? Because TRABOS generates a large number of buy/sell signals. As Digitex is 100% commission-free, it could be considered the best market to trade cryptocurrency. Trading on Digitex will dramatically reduce the cost of trading aggressive systems like TRABOS. If you're looking to develop futures trading strategies that work, consider paying attention to TRABOS.
Trading Strategies - Wrapping It Up.
These four indicators are certainly not perfect. However, taken as a group, they provide an excellent approach to trading cryptocurrencies. Successful crypto trading is certainly possible. However, it requires patience, discipline, and a handful of reliable indicators. The indicators are the easy part. The hard part is having the patience, discipline, and dedication.
Developing the best futures trading strategies will take more than just knowledge of these indicators, but they're a good place to start.
Personal Observations.
I've been trading commodities for three decades. In 2016, I began trading cryptocurrencies. Throughout my trading career, I've used technical analysis 100% of the time and have found it to be integral to developing the best crypto trading strategy.
Based on my trading results, I'm convinced that certain price patterns are repetitive in nature. I believe in the notion that past trading activity and price movements are valuable indicators of future price direction. I'm also convinced that technical analysis will generate superior results, particularly if the technical indicators are trend-following in nature.
Check out our guide on how to find the best futures to trade.
Digitex Futures writers and/or guest authors may or may not have a vested interest in the Digitex Futures project and/or other businesses mentioned throughout the site. None of the content on Digitex Futures is investment advice nor is it a replacement for advice from a certified financial planner.

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Forex Trading Strategies: Complete Beginner's Gu > By Ruchi Gupta January 7, 2019.
The advent of international trade brought with it a number of advantages, key among it was cementing the foundation on which globalization was premised. While other factors such as world peace and stability played a critical role in founding globalization and the laws governing it, international trade was critical in expediting the process. Through it, countries were able to export crucial resources to other countries globally and in turn import much-needed resources from them.
Further to this, changes which occurred during the period also led these countries to establishing a currency system. Initially, these currencies were pegged to a specific commodity - gold back then - and later on pegged to the United States dollar. However, as history would have it, most countries eventually opted out of this and ended up adopting a floating currency regime - a regime in which the currency of a country is left to fluctuate based on forces of demand and supply within the market and not controlled by a government or pegged to a specific dominant currency (as was the case during the aforementioned regime). As more and more countries began taking part in international trade so did the above currency regime become widely adopted by these countries.
This entire progress came at a time when economics and finance were on a growth trajectory as more and more research was being conducted on pricing and hedging mechanisms for different financial products. Research into stochastic methods, bivariate analysis and other complex financial models dominated this space leading up to new methods of forecasting movements in and future prices of currencies and other financial products such as currency derivatives. The result of the instruction of currency trading thus meant that currencies were atop of this new paradigm of finance and currency trading consequently resulted from the above.
As with any new financial product, the evolution of the financial markets led to the prompt adoption of different pricing mechanisms for currencies. With this came a change in the hedging structures of these financial products resulting in the start of trading of currencies. These trades were based on the movements in the financial markets, specifically the currency markets, which were in turn driven both by foreign exchange - the import and export of products from a country - as well as foreign investments in a country (these meant that countries with stronger policies encouraging investment as well as those with higher mechanization - used to ensure higher value addition to their natural resources - had much stronger currencies than their counterparts).
Over time since then, more research has gone into this field leading up to technical and fundamental analysis of currencies. These methods have revolutionized how different currency traders view trading and the strategies and analysis which go into it. In this piece, we thus look at some of the currency trading strategies and briefly assess some of the tools necessary for one to successfully trade currencies.
Forex Trading Strategies: An Introduction.
The key to understand currency trading movements in the currency markets, correctly predicting expected movements and taking advantage of one's understanding of future movements, making a return/money in the process.
When trading currencies (also known as forex trading), there are a number of factors which determine which strategy one should follow. Key among this is to understand the term of your investment: short, medium or long. While some investors look to short-term trades such as minutes or even hours, some strategies work better with medium- or longer-term investors who hold positions for days, weeks or in some cases, months.
An analysis of market conditions also plays a crucial role in forex trading. Furthermore, while it is seemingly lucrative to leverage more or include higher capital in one's trade so as to boost the returns, given the volatile nature of the forex market, unexpected swings may have dire consequences on one's portfolio and wipe out one's investment. As such, an understanding of risk management is advised for investors in this market.
It is also important to point out that there are numerous factors which determine how well your forex trades will perform, some of which are specific to different individuals. While there are a number of methods which have been back tested and reviewed by specialized currency traders, personal biases and temperaments also affect the trading process.As a result, while the methods reviewed in this piece have worked for pervious traders, one will need to test them for their specific trades so as to ensure that they work for them.
Types of Trading Strategies.
There are a number of forex trading strategies which have been adopted by the financial markets, some which are specific to certain trades which have been made in the past. However, in this section, we review mainly strategies which have been adopted, reviewed and back tested by forex traders.
Day Trading.
Day trades involve one holding their portfolio for no longer than one day. Such trades take advantage of intraday volatility thus investors look into short-term trades as a way of boosting their portfolio growth. As with the name, such trades are not meant to be held for longer than a day and this enables the investor to avoid the risk associated with large forex movements which may occur overnight.
Such investors will therefore more likely be involved in five-minute to hourly trades based on their analysis of technical tools rather than on macroeconomic and fundamental analysis. The result, however, is that such trades are prone to significant fluctuations, some which can wipe out one's entire position. They therefore require one to have a clear understanding of technical analysis, especially on the timing of entry and exit of a trade.
Scalping.
As with any currency, there are both bid and offer prices. The difference between these two prices is known as the bid/offer spread. Scalping is a short-term trading strategy which involves a trader trying to beat the bid/offer spread and make some profit out of skimming a few points before closing the trades. In most cases, scalpers have an interest in downturns in the market and how they can take advantage of them and this is mostly reviewed through the order flow tool.
While this is the case, the introduction of machines to currency trading has come to revolutionize this segment due to the much faster adaptation to changes. As algorithms review this spread and make quick trades, they disable individuals from making 'arbitrage opportunities' or skim away points as with scalping. Scalping therefore requires one to be consistently reviewing their trades (for hours sometimes) and making rapid trades in the process. Finally, it also requires that individuals invest high amounts of capital as the transaction costs associated with these trades may wipe out any profit which may be made from small size trades.
Position Trading.
Unlike the previous two, this is a more long-term trading strategy (hold one's position for weeks or even months) which entails a trader trying to make profit from large changes in the market. Given the nature of such large currency movements, most of these movements are driven by fundamentals and changes in macroeconomic variables.
For such trades, one first has a view of the macroeconomic conditions affecting a specific trade such as understanding the reasons for the GBP being expected to gain against the USD over a specific period, say interest rate hikes in Britain. One that is clear, the trader will then analyse technical tools so as to understand when is the best time to get into a trade as well as exit the trade. This process is known as forming a position, hence its name.
This type of trading has much lower risk as compared to other forms of trading given that the trader isn't affected by intraday volatility. However, while it tends to be more profitable than other trading strategies, this strategy also requires one to inject a lot of capital and have a clear understanding of fundamental analysis.
Swing Trading.
Every so often the forex market experiences significant single movements. Technically, some of them are known as moving average bounces or trade pullbacks and breakouts, all which see the market shift on one direction or drastically sway from a declining position to a profit position. Each of this is included in a category known as a swing.
Swing trading allows a trader to trade on such large single movements. This strategy is a short- to medium-term strategy which sees the investor hold on to trades for days or weeks and which sees them reviewing price patterns and trying to profit from them. Unlike position trades, there are more opportunities for one to profit from swing trades thus investors who have a clear understanding of technical analysis tools can benefit greatly from this.
Moving Average Trading.
Moving averages form a very large portion of technical analysis tools. The moving average is a statistical analysis toolkit which analyses the average value over a series of data: for a pool of weekly data of about one year, the moving average will be used to analyse the continued average value over the last say four weeks. This method then continues to find the average over a four-week period recursively across the entire year. The moving average is a lagged average and is useful in explaining the difference in performance between the short and long-term. In the case of a rising moving average, the short term usually tends to be outperforming the long-term and vice versa holds true for declining moving average.
When coupled with candle sticks, the above forms an important trading toolkit. In this case, one can set their technical tool to buy when the candle stick is above the moving average and sell when the candle stick is below the moving average. The rationale is backed by the fact that the average for the former, there is an upward momentum which is expected to push the currency higher than its short-term average value therefore a buy recommendation is given. On the contrary, for the latter, there is a downward pressure which is expected to cause the stock to underperform the short-term moving average thus necessitating a stock sale.
50 pips Pullback Trading.
The above is a trading option for scalpers which take advantage of early morning movements. It works better with the more liquid currency pairs such as the EUR/USD or GBP/USD. The trader sets a 50-pip outlook on the currency's position, both on an upturn and downturn. The trader opens two opposite position, meaning that they seek to profit from a reversal in the above positions. Upon the opening of one of the above positions, the other trade is immediately closed.
As with other short-term strategies, the above is a risky strategy and requires that stop losses be included so as to ensure that the trader doesn't suffer significant losses. However, such swings tend to see traders skim profits early in the morning prior to other movements during the day.
Conclusion.
While there are numerous methods of trading; however, the above six strategies have been tested in the past, and have been seen to actually work for traders. These, however, do not include all strategies as more and more investors keep coming up with their own strategies which have worked for them. Furthermore, technical analysis tools such as the Bollinger bands, candle sticks, the moving average convergence divergence (MACD), alligator and Fibonacci tools also play a critical role in ensuring that investors actually analyse their trades.
In conclusion, while different strategies exist, one needs to assess them and establish which works best for each individual. Each of the above strategies is categorized first into short or long-term and later by the capital investment required to make a successful trade. While some investors prefer risky investments, others will require some certainty when investing thus is more risk averse. As such, different options will work better for different people based on these different factors.
All in all, forex trading is an important financial product which offers investors a great path for wealth creation in both short and long-term trading options. Investors will benefit greatly from having a look at this wealth creation option.
Ruchi holds a first degree in Accountancy and Post Graduate Diploma in Business Administration (First Class) from the International School and Business and Media in India. Proficient in financial databases like ThomsonOne, CapitalIQ, Factiva, and has also worked on Bloomberg and Datastream. She has previously worked as Assistant Manager at Genpact India, providing content in support of credit risk assessment of existing and potential clients of GE. [email protected].
Editorial Disclaimer: Opinions expressed here are the author's alone, not those of any bank or credit card issuer and have not been reviewed, approved or otherwise endorsed by any of these entities.
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1 Comment.
Hey, Great article. This is one of the most important topic and you've explained every point very clearly. Thanks for sharing this.

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Forex Analysis & Currency Trading Strategies | Rakuten Securities HK.
Rakuten Securities HK regularly holds various seminar about analysis of forex market, currency trading strategies and more. Clients can discuss with our forex strategist and explore more concepts to enhance trading skills.
Importance of Forex analysis and currency trading strategies.
Profitable forex trading comes with proper strategies and analyzing of the market, and a tenured trader knows this very well. However, the newbies in the trade market do this mistake of investing without much research, which then turns to loss. Therefore, here, we shall inform you about the different strategies that you can use for forex currency trading. You can also visit the free seminar on Rakuten Securities HK about the Forex trading analysis and forex currency trading strategies for all the beginners and traders.
What is Forex Trading Strategies?
It is a technique used by a trader for determining whether to buy, sell, or stall a currency at any time. The forex trading strategies are formed based on technical analysis, fundamental data, or big news that affect the trade market extensively. The strategies are made of trading signals that help you understand if you need to buy or sell the property. You can either use the trading strategies available on the Internet or develop one for yourself by gathering the data and keeping a keen eye on market rates. forex trading analysis.
Basics of Forex Trading Strategies -
A currency trading strategy can either be manual or derived from the automated methods that generate trading signals and are available on the internet. There are a number of platforms that offer authentic trading signals, which can help you make a strategy for your forex currency.
Manual systems normally mean a trader who gives his entire time in decoding the trading signals and making decisions either to sell or buy the currencies. Whereas automated systems involve an automated algorithm that uses the trading signals and executes the trades automatically. Automated systems are normally preferred as human emotions are not included, which mostly improves the performance of the trade. However, you should be aware of buying off-the-shelf strategies as it is difficult to keep a record of all the successful trading.
Create Your Own Forex Trading Strategies -
You can start with your strategy by making notes of simple factors that affect the forex currency value. Thereafter, you can improve the accuracy of the trading signals by forex trading analysis. There are a number of different components that you need to consider for drafting an effective strategy -
Selecting the market - You need to be aware of the pair of currencies you are dealing in for becoming experts in the strategy.
Position sizing - You need to take care and determine very carefully how large the positions are. In addition, also take control of the amount to minimize the risk taken in each position.
Entry points - You need to develop rules for deciding whether to enter ad short or long positioning.
Exit points - You also need to craft a rule for understanding when it is an ideal time for exiting the trade to maximize the profits and minimizing loss.
Trading tactics - You need to also have rules for how to buy or sell pairs of currency. Also, keep check of the technologies you use for the same.
When to Change Strategy?
The forex trading strategies will work well when you follow the rules properly. However, the forex market is unpredictable. And there are chances that your strategies may start to fall after a certain period of time. So, when your strategy stops being profitable for you or isn't producing the results, you should consider changing it. But remember that changing forex trading strategies can turn costly too, especially if you do it more often. So, be sure and enjoy trading. If you want to learn more about how to strategize, you can attend the free course Rakuten Securities HK provides for Forex trading analysis and strategy planning for great results.
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Free Forex Investment Seminar.
Rakuten Securities Hong Kong offers diversified forex investment seminars with fruitful topics covering Technical Analysis, Chart Trading Strategies, Latest Market Insights and more. You can also discuss your investment needs with our Forex Strategist and explore concepts to enhance your trading skills on forex during the seminar.
Venue: Unit 501, 5/F, Nexxus Building, 41 Connaught Road Central, Hong Kong | View Map.
Date Time Topic Level Details 10/17/2019 (Thu) 19:00-20:00 Practical FX trading (Cantonese) Middle Details 10/24/2019 (Thu) 15:00-16:00 Chart Trading - Explore Entry & Exit (Cantonese) Middle Details 10/30/2019 (Wed) 19:00-20:00 Forex trading investment (Cantonese) Middle Details.
Date Time Details 10/17/2019 (Thu) 19:00-20:00 Details [Middle] Practical FX trading (Cantonese) 10/24/2019 (Thu) 15:00-16:00 Details [Middle] Chart Trading - Explore Entry & Exit (Cantonese) 10/30/2019 (Wed) 19:00-20:00 Details [Middle] Forex trading investment (Cantonese)
Practical FX trading (Cantonese)
Denis Tso (Rakuten Securities HK Relationship Manager)
10/17/2019 (Thu) 19:00-20:00.
1) Carry trade 2) Trading Skills 3) Rakuten trading system Application.
Unit 501, 5/F, Nexxus Building, 41 Connaught Road Central, Hong Kong.
Chart Trading - Explore Entry & Exit (Cantonese)
Alison Wong (Rakuten Securities HK Senior Manager)
10/24/2019 (Thu) 15:00-16:00.
1) How to find out trading opportunity on chart 2) 'Must-known' trading essence outside charting 3) Experience real time FX trading.
Unit 501, 5/F, Nexxus Building, 41 Connaught Road Central, Hong Kong.
Forex trading investment (Cantonese)
Vincent Tang (Rakuten Securities HK Forex Analyst)
10/30/2019 (Wed) 19:00-20:00.
1) The skills of trend line and SMA 2) The benefits in FX trading 3) Functions in Market Speed FX platform.
Unit 501, 5/F, Nexxus Building, 41 Connaught Road Central, Hong Kong.
Free Forex Investment Seminar.
Register online below. You can also reserve a spot in one of our seminars by calling us at (852) 2119-0116, email to [email protected]rakuten.com.hk, or Whatsapp (852) 6547-2442.
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^ Rakuten Securities was ranked as the world's fifth largest retail forex broker by volume in August 2017 from Finance Magnates. Ŧ Only available for clients who hold a Rakuten FX account. ¤ Fixed spreads are offered in Rakuten FX account during at least 95% of the time of the monthly core-time trading period (8am to 2am HKT of every trading day). Spreads shown above and in our website are for reference only and are not guaranteed and may widen beyond the average spreads depending on the market volatility, especially under circumstances of extremely low liquidity, news events or public holidays. Please always refer to the trading platforms for the most updated spreads. ɞ Order execution rate is calculated based on the AS Streaming and Streaming trading orders in 10k or less order size with lower than 1 pip slippage setting in which were executed during the period between Jan 1 to Nov 1, 2017. § Rakuten Securities HK offers Trading Station platform through its partner FXCM. ※ Commission is charged per trade side on both open trade(s) and close trade(s). All commission fees may be subject to change from time to time without prior notice. Please always refer to the most updated Schedule of Standard Fees and Charges. ʊ MARKETSPEED FX platform is the winner of "Online Forex Trading Platform" by Good Design Award in 2012.
To safeguard your trading account(s), you are highly recommended to set a strong password and change it regularly.
When executing customers' trades, Rakuten Securities HK can be compensated in several ways, which include, but are not limited to: charging fixed lot-based commissions at the open and close of a trade, adding a markup to the spreads, acting as a counterparty in the transactions. As a result, Rakuten Securities HK's interests may be in conflict with yours.
Rakuten Securities Hong Kong Limited ("Rakuten Securities HK" SFC CE Number: AIM232) is a wholly owned subsidiary of Rakuten Securities, Inc. (*) Rakuten Securities, Inc., one of the major online brokers in Japan, founded in 1999, is a subsidiary of Rakuten, Inc. (TOKYO: 4755). The risk of loss in leveraged foreign exchange trading can be substantial. You may not be suitable as you may sustain losses in excess of your initial margin funds. Leverage can work against you. Placing contingent orders, such as "stop-loss" or "stop-limit" orders, will not necessarily limit losses to the intended amounts. Market conditions may make it impossible to execute such orders. You may be called upon at short notice to deposit additional margin funds. If the required funds are not provided within the prescribed time, your position may be liquidated. You will remain liable for any resulting deficit in your account. You should therefore carefully consider whether such trading is suitable in light of your own financial position and investment objectives. Do not speculate with capital that you cannot afford to lose. If you decide to trade products offered by Rakuten Securities HK, you must read and understand the information and disclosure provided by Rakuten Securities HK. Rakuten Securities HK may provide general commentary which is not intended as investment advice and must not be construed as such. Seek advice from a separate financial advisor. Rakuten Securities HK and Rakuten Group assumes no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items contained within these materials. Read and understand the Terms and Conditions on Rakuten Securities HK's website prior to taking further action. Information Security on Internet: To protect your privacy, do not access your trading account via public or shared computer or save your password locally in any computer or mobile device after logging in. Rakuten Securities HK will never ask you to send any of your personal information such as account number and password to us directly via e-mails. (*)Company Registration ID (in Japan): Kanto Local Finance Bureau (Financial Instruments Firms) No.195.

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FX Trading.
Understanding what forex is and how it works.
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The Foreign Exchange Market.
The world's largest market.
Trading Foreign Exchange:
The FX market is by far the world's largest market. Why? Because exchanging one currency for another is vital for the world's business and trading.
The foreign exchange market allows two currencies to be exchanged, at an exchange rate which is floating or fixed. This allows businesses from around the world to complete transactions across currencies. Currencies need to be exchanged to import produce from different countries, for example: a wine merchant in England exchanges their pound sterling (GBP) for euros (EUR) in order to purchase wine from France. Exchanging currencies is the basis for all international trades. Unlike the stock market, the forex market is decentralised - this means that there is no central trading area. Most foreign exchange transactions are executed over-the-counter (OTC) by banks, on behalf of their clients.
Where d >It all began with the gold standard monetary system back in 1875. Before our current system was born, gold and silver were exchanged for goods and services. The problem was that gold's value changed depending on the supply - if a new source was discovered, gold would become less valuable. Eventually, different countries began to peg an amount of their currency to an ounce of gold. The difference between these amounts was an exchange rate. After World War One this system broke down, and several years later currencies were no longer pegged to gold.
FX trading used to be completed exclusively through banks and forex brokers. However, as technology has developed, FX trading has become far more accessible. Individual traders can now access the FX market from their smartphones, and complete trades on the go.
Today, the forex market is open 24 hours a day, 5 days a week. The first markets open on Monday morning in Wellington, New Zealand, and the last close at 5pm (ET) on Friday in New York.
Currency Trading.
How does currency trading actually work?
What is Currency Trading?
Currency trading, also known as FX trading, is the exchange of currencies between two parties at an agreed price. The trading parties may be financial institutions, multi-national corporations, banks, central banks, hedge funds, money changers, insurance companies, speculators, or individual traders.
Currency trading is done in pairs. A currency pair consists of a base and a quote currency - for example, the currency pair of EUR/USD consists of EUR, which represents the base currency, and USD which represents the quote currency. The exchange rate of EUR/USD at 1.1630 simply means that to own one euro, you need the equivalent of 1.1630 in US dollars.
The ultimate goal of FX trading is to identify the correct direction of the markets. It's all about buying a financial instrument low and closing the position higher, or selling a financial instrument high and closing the position lower.
To begin, traders choose a trading platform to trade currencies on. There are many different trading platforms to choose from, including MetaTrader, Trading Station, Ninjatrader and Zulutrade.
Once the trader identifies a trend in the market, they place a buy or sell order on their preferred trading platform. If the trader expects a currency pair to rise, they place a buy order to profit from the increase. If a trader expects the opposite, they will place a sell order, to benefit from the fall. Because the forex market is decentralised, currencies are traded in financial centres across the globe, in New York, London, Frankfurt, Tokyo and Sydney.
The Basics of Currency Trading.
Traders can now easily access the markets thanks to devices like smartphones, and as a result currency trading is becoming increasingly popular.
The user-friendliness of trading platforms and the 24-hours/five-days-a-week trading schedule makes currency trading highly appealing. The markets' high liquidity means traders can trade almost any volume at their desired price, and are not likely to experience price manipulation.
If that wasn't enough, a daily turnover of about $5 trillion, the availability of leverage, and educational resources provided by some brokers attract a huge number of traders across the world.
There are many different strategies which are commonly used among traders:

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Top 8 Forex Trading Strategies and their Pros and Cons.
Main talking points:
What is a Forex Trading Strategy? Forex Strategies: A Top-level Overview Price Action Trading Range Trading Strategy Trend Trading Strategy Position Trading Day Trading Strategy Forex Scalping Strategy Swing Trading Carry Trade Strategy.
What is a Forex Trading Strategy?
A forex trading strategy defines a system that a forex trader uses to determine when to buy or sell a currency pair. There are various forex strategies that traders can use including technical analysis or fundamental analysis . A good forex trading strategy allows for a trader to analyse the market and confidently execute trades with sound risk management techniques.
Forex Strategies: A Top-level Overview.
Forex strategies can be divided into a distinct organisational structure which can assist traders in locating the most applicable strategy. The diagram below illustrates how each strategy falls into the overall structure and the relationship between the forex strategies.
Forex Trading Strategies That Work.
Forex trading requires putting together multiple factors to formulate a trading strategy that works for you. There are countless strategies that can be followed, however, understanding and being comfortable with the strategy is essential. Every trader has unique goals and resources, which must be taken into consideration when selecting the suitable strategy.
There are three criteria traders can use to compare different strategies on their suitability:
T ime resource required F requency of trading opportunities Typical distance to target.
To easily compare the forex strategies on the three criteria, we've laid them out in a bubble chart. On the vertical axis is 'Risk-Reward Ratio' with strategies at the top of the graph having higher reward for the risk taken on each trade. Position trading typically is the strategy with the highest risk reward ratio. On the horizontal axis is time investment that represents how much time is required to actively monitor the trades. The strategy that demands the most in terms of your time resource is scalp trading due to the high frequency of trades being placed on a regular basis.
1. Price Action Trading.
Price action trading involves the study of historical prices to formulate technical trading strategies. Price action can be used as a stand-alone technique or in conjunction with an indicator. Fundamentals are seldom used; however, it is not unheard of to incorporate economic events as a substantiating factor. There are several other strategies that fall within the price action bracket as outlined above.
Length of trade:
Price action trading can be utilised over varying time periods (long, medium and short-term). The ability to use multiple time frames for analysis makes price action trading valued by many traders.
There are many methods to determine support/resistance levels which are generally used as entry/exit points:
Within price action, there is range, trend, day, scalping, swing and position trading. These strategies adhere to different forms of trading requirements which will be outlined in detail below. The examples show varying techniques to trade these strategies to show just how diverse trading can be, along with a variety of bespoke options for traders to choose from.
2. Range Trading Strategy.
Range trading includes identifying support and resistance points whereby traders will place trades around these key levels. This strategy works well in market without significant volatility and no discernible trend. Technical analysis is the primary tool used with this strategy.
Length of trade:
There is no set length per trade as range bound strategies can work for any time frame. Managing risk is an integral part of this method as breakouts can occur. Consequently, a range trader would like to close any current range bound positions.
Oscillators are most commonly used as timing tools. Relative Strength Index (RSI ) , Commodity Channel Index (CCI) and stochastics are a few of the more popular oscillators. Price action is sometimes used in conjunction with oscillators to further validate range bound signals or breakouts.
Example 1 : USD/JPY Range Trading.
USD/JPY has been exhibiting a prolonged range bound price level over the past few years. The chart above illustrates a clear support and resistance band which traders use as entry/exit points. The RSI oscillator demonstrates timing of entry/exit points as highlighted by the shaded blue and red boxes - blue: overbought and red: oversold .
Range trading can result in fruitful risk-reward ratios however, this comes along with lengthy time investment per trade. Use the pros and cons below to align your goals as a trader and how much resources you have.
Substantial number of trading opportunities Favourable risk-to reward ratio.
Requires lengthy periods of time investment Entails strong appreciation of technical analysis.
3. Trend Trading Strategy.
Trend trading is a simple forex strategy used by many traders of all experience levels. Trend trading attempts to yield positive returns by exploiting a markets directional momentum.
Length of trade:
Trend trading generally takes place over the medium to long-term time horizon as trends themselves fluctuate in length. As with price action, multiple time frame analysis can be adopted in trend trading.
Entry points are usually designated by an oscillator (RSI, CCI etc) and exit points are calculated based on a positive risk-reward ratio. Using stop level distances, traders can either equal that distance or exceed it to maintain a positive risk-reward ratio e.g. If the stop level was placed 50 pips away, the take profit level wold be set at 50 pips or more away from the entry point.
Example 2: Identifying the Trend.
In the simple example above, EUR/USD exhibits an upward trend validated by higher highs and higher lows . The opposite would be true for a downward trend.
EUR/USD Trading the Trend.
When you see a strong trend in the market, trade it in the direction of the trend. For example, the strong uptrend in EUR/USD above.
Using the (CCI) as a tool to time entries, notice how each time CCI dipped below -100 (highlighted in blue) , prices responded with a rally. Not all trades will work out this way, but because the trend is being followed, each dip caused more buyers to come into the market and push prices higher. In conclusion, identifying a strong trend is important for a fruitful trend trading strategy.
Trend trading can be reasonably labour intensive with many variables to consider. The list of pros and cons may assist you in identifying if trend trading is for you.
Substantial number of trading opportunities Favourable risk-to reward ratio.
Requires lengthy periods of time investment Entails strong appreciation of technical analysis.
4. Position Trading.
Position trading is a long-term strategy primarily focused on fundamental factors however, technical methods can be used such as Elliot Wave Theory. Smaller more minor market fluctuations are not considered in this strategy as they do not affect the broader market picture. This strategy can be employed on all markets from stocks to forex.
Length of trade:
As mentioned above, position trades have a long-term outlook (weeks, months or even years!) reserved for the more persevering trader. Understanding how economic factors affect markets or thorough technical predispositions, is essential in forecasting trade ideas.
Key levels on longer time frame charts (weekly/monthly) hold valuable information for position traders due to the comprehensive view of the market. Entry and exit points can be judged using technical analysis as per the other strategies.
Example 3 : Germany 30 (DAX) Position Trading.
The Germany 30 chart above depicts an approximate two year head and shoulders pattern , which aligns with a probable fall below the neckline (horizontal red line) subsequent to the right-hand shoulder. In this selected example, the downward fall of the Germany 30 played out as planned technically as well as fundamentally. Towards the end of 2018, Germany went through a technical recession along with the US/China trade war hurting the automotive industry. Brexit negotiations did not help matters as the possibility of the UK leaving the EU would most likely negatively impact the German economy as well. In this case, understanding technical patterns as well as having strong fundamental foundations allowed for combining technical and fundamental analysis to structure a strong trade idea.
List of Pros and Cons based on your goals as a trader and how much resources you have.
Requires minimal time investment Highly positive risk-to reward ratio.
Very few trading opportunities Entails strong appreciation of technical and fundamental analysis.
5. Day Trading Strategy.
Day trading is a strategy designed to trade financial instruments within the same trading day. That is, all positions are closed before market close. This can be a single trade or multiple trades throughout the day.
Length of trade:
Trade times range from very short-term (matter of minutes) or short-term (hours), as long as the trade is opened and closed within the trading day.
Traders in the example below will look to enter positions at the when the price breaks through the 8 period EMA in the direction of the trend (blue circle) and exit using a 1:1 risk-reward ratio.
Example 4 : EUR/USD Day Trading.
The chart above shows a representative day trading setup using moving averages to identify the trend which is long in this case as the price is above the MA lines (red and black). Entry positions are highlighted in blue with stop levels placed at the previous price break. Take profit levels will equate to the stop distance in the direction of the trend.
The pros and cons listed below should be considered before pursuing this strategy. Day trading involves much time and effort for little reward, as seen from the EUR/USD example above.
Substantial number of trading opportunities Median risk-to reward ratio.
Requires lengthy periods of time investment Entails strong appreciation of technical analysis.
6. Forex Scalping Strategy.
Scalping in forex is a common term used to describe the process of taking small profits on a frequent basis. This is achieved by opening and closing multiple positions throughout the day. This can be done manually or via an algorithm which uses predefined guidelines as to when/where to enter and exit positions. The most liquid forex pairs are preferred as spreads are generally tighter, making the short-term nature of the strategy fitting.
Length of trade:
Scalping entails short-term trades with minimal return, usually operating on smaller time frame charts (30 min - 1min).
Like most technical strategies, identifying the trend is step 1. Many scalpers use indicators such as the moving average to verify the trend. Using these key levels of the trend on longer time frames allows the trader to see the bigger picture. These levels will create support and resistance bands. Scalping within this band can then be attempted on smaller time frames using oscillators such as the RSI. Stops are placed a few pips away to avoid large movements against the trade. The MACD indicator is another useful tool that can be exercised by the trader to enter/exit trades.
Example 5 : EUR/USD Scalping Strategy.
The EUR/USD 10 minute above shows a typical example of a scalping strategy. The long-term trend is confirmed by the moving average (price above 200 MA). The smaller time frame is then used to target entry/exit points. Timing of entry points are featured by the red rectangle in the bias of the trader (long). Traders can also close long positions using the MACD when the MACD ( blue line ) crosses over the signal line ( red line ) highlighted by the blue rectangles.
Traders use the same theory to set up their algorithms however, without the manual execution of the trader.
With this practical scalp trading example above, use the list of pros and cons below to select an appropriate trading strategy that best suits you.
Greatest number of trading opportunities from all forex strategies.
Requires lengthy periods of time investment Entails strong appreciation of technical analysis Lowest risk-to reward ratio.
7. Swing Trading.
Swing trading is a speculative strategy whereby traders look to take advantage of rang bound as well as trending markets. By picking 'tops' and 'bottoms', traders can enter long and short positions accordingly.
Length of trade:
Swing trades are considered medium-term as positions are generally held anywhere between a few hours to a few days. Longer-term trends are favoured as traders can capitalise on the trend at multiple points along the trend.
Much like the range bound strategy, oscillators and indicators can be used to select optimal entry/exit positions and times. The only difference being that swing trading applies to both trending and range bound markets.
Example 6 : GBP/USD Swing Trading Strategy.
A combination of the stochastic oscillator, ATR indicator and the moving average was used in the example above to illustrate a typical swing trading strategy. The upward trend was initially identified using the 50-day moving average (price above MA line). In the case of an uptrend, traders will look to enter long positions with the old adage of 'buy low, sell high'.
Stochastics are then used to identify entry points by looking for oversold signals highlighted by the blue rectangles on the stochastic and chart. Risk management is the final step whereby the ATR gives an indication of stop levels. The ATR figure is highlighted by the red circles. This figure represents the approximate number of pips away the stop level should be set. For example, if the ATR reads 41.8 (reflected in the last ATR reading) the trader would look to place the stop 41.8 pips away from entry. At DailyFX, we recommend trading with a positive risk-reward ratio at a minimum of 1:2. This would mean setting a take profit level (limit) at least 83.6 (41.8 x 2) pips away or further.
After seeing an example of swing trading in action, consider the following list of pros and cons to determine if this strategy would suit your trading style.
Substantial number of trading opportunities Median risk-to reward ratio.
Entails strong appreciation of technical analysis Still requires extensive time investment.
8. Carry Trade Strategy.
Carry trades include borrowing one currency at lower rate, followed by investing in another currency at a higher yielding rate. This will ultimately result in a positive carry of the trade. This strategy is primarily used in the forex market.

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Length of trade:
Carry trades are dependent on interest rate fluctuations between the associated currencies therefore, length of trade supports the medium to long-term (weeks, months and possibly years).
Strong trending markets work best for carry trades as the strategy involves a lengthier time horizon. Confirmation of the trend should be the first step prior to placing the trade (higher highs and higher lows and vice versa) - refer to Example 1 above . There are two aspects to a carry trade namely, exchange rate risk and interest rate risk. Accordingly, the best time to open the positions is at the start of a trend to capitalise fully on the exchange rate fluctuation. Regarding the interest rate component, this will remain the same regardless of the trend as the trader will still receive the interest rate differential if the first named currency has a higher interest rate against the second named currency e.g. AUD/JPY .
Could carry trading work for you? Consider the following pros and cons and see if it is a forex strategy that suits your trading style.
Little time investment needed Median risk-to reward ratio.
Entails strong appreciation of forex market Infrequent trading opportunities.
Forex Strategies: A Summary.
This article outlines 8 types of forex strategies with practical trading examples. When considering a trading strategy to pursue, it can be useful to compare how much time investment is required behind the monitor, the risk-reward ratio and regularity of total trading opportunities. Each trading strategy will appeal to different traders depending on personal attributes. Matching trading personality with the appropriate strategy will ultimately allow traders to take the first step in the right direction.
Enhance your forex trading.
If you're new to forex trading, download our Forex for Beginners Trading guide . Register for free to view our live trading webinars which cover various topics related to the Forex market like central bank movements, currency news, and technical chart patterns. Stay up to date with major news events and economic releases by viewing our economic calendar . Successful trading requires sound risk management and self-discipline. Find out how much capital you should risk on your open trades. We also recommend viewing our Traits of Successful Traders guide to discover the secrets of successful forex traders.
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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Currency trading strategies.
Forex blog focuses on the best forex trading strategies and systems for beginners and advanced traders alike. Learn how to trade with technical indicators and discover the best FX strategies for scalping, day trading and swing trading.
Forex Trading Strategies Revealed.
A forex strategy is a set of studies carried out by a currency trader to decide whether to buy or sell a currency pair at the best possible moment for maximum profit potential. A trading strategy can be centered on fundamental analysis, event risk or technical analysis charting tools. It is usually designed to provide [...]
Forex Trading Strategies With Momentum Indicator.
It still remains unknown who's behind the "Momentum" indicator, but as a member of the "Oscillator" family of technical indicators, it's a leading indicator that gauges the rate-of-change for a currency pair. The momentum indicator tries to gauge the momentum that drives price movements for the currency pair in question over a specified period of time. [...]
Forex Trading Strategies With Average True Range Indicator.
J. Welles Wilder is one of the best known technical analysts to have written at length about volatility indicators. His 1978 book, "New Concepts in Technical Trading" introduced a lot of fundamental concepts of modern technical analysis, and one of such is an indicator known as Average True Range (ATR). Volatility indicators have always been [...]
Forex Trading Strategies With CCI Indicator.
The Commodity Channel Index, abbreviated as CCI, is an oscillator deployed to spot cyclical trends in a currency pair. It derived its name originally as a result of its use in analyzing commodities. Donald Lambert is said to be the man behind the Commodity Channel Index, as published in his book the "Commodities Channel Index: Tools for [...]
Forex Trading Strategies With Ichimoku Kinko Hyo.
The Ichimoku Kinko Hyo, which is also known as the Ichimoku for short, is a technical indicator that is deployed in measuring momentum, spotting trend direction, defining probable zones of support and resistance, as well as delivering trade signals. The wide-ranging technical indicator is made up of five distinct lines i.e. the tankan-sen, kijun-sen, senkou [...]
Forex Trading Strategies With Envelopes Indicator.
The Envelopes forex indicator is a technical tool that tries to spot the upper and lower bands of a trading range. It does this by drawing two moving average envelopes on the activity chart, one lifted up a certain distance above and one shifted beneath. The moving average envelope remains one of the most common [...]
Forex Trading Strategies with ADMI (Average Directional Movement Index)
The Average Directional Movement Index, also referred to as the ADX, a well-known technical trading tool designed by J. Welles Wilder and was introduced in his 1978 book, New Concepts in Technical Trading Systems. The indicator in essence is derived from the smoothed averages of the difference between Plus Directional Indicator (+DI) and Minus Directional [...]
Forex Trading Strategies With Parabolic SAR Indicator.
The Parabolic SAR has always been looked at as a tool mainly focused on catching the start of new trends. Developed by Welles Wilder, the Parabolic SAR represents a price-and-time-based trading system. In his words, Wilder tags it the "Parabolic Time/Price System." The SAR connotes "stop and reverse," and functions as the real indicator deployed in [...]
Forex Trading Strategies With Bollinger Bands Indicator.
John Bollinger is obvious the brain behind the Bollinger Bands, a technical tool that is used to gauge market volatility. This little tool will give you information on whether the market is quiet or whether the market is loud. The market is said to be quiet when the Bollinger Bands squeeze and it is said to [...]
Forex Trading Strategies With RSI Indicator.
A technical analysts named J. Welles Wilder developed the Relative Strength Index or RSI, as a tool that aids in identifying overbought and oversold market conditions. The RSI indicator is scaled from 0 to 100 thereby making it uniquely similar to the stochastic indicator. It is a widely used technical indicator that exhibits overbought conditions [...]

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What Is Cryptocurrency Trading? What Trading Strategies for Beginners?
by Alex Y · Published · Updated.
You may have heard about cryptocurrency and people earn their living through cryptocurrency trading at home. What exactly is cryptocurrency trading? What are some good trading strategies for beginners who are totally new to the world of cryptocurrency?
Disclaimer : The content below should not be taken and viewed as investment and trading advice, but only information and opinions. This article is for information and illustrative purposes only.
What Is Cryptocurrency Trading?
First of all, you need to know what is cryptocurrency.
Cryptocurrency is more than just a bunch of digital numbers that people have decided to use as money. The technology that was brought forth by Bitcoin is essentially a decentralized public ledger system, known as the Blockchain. It is a form of digital money that is designed to be secure and, in many cases, anonymous.
Cryptocurrencies use decentralized technology to let users make secure payments and store money without the need to use their name or go through a bank. They run on a distributed public ledger called blockchain, which is a record of all transactions updated and held by currency holders.
T he first cryptocurrency was Bitcoin, which was created in 2009 and is still the best known. There has been a proliferation of cryptocurrencies in the past decade and there are now more than 900 available on the internet. This cryptographic Blockchain technology is what makes Bitcoin, Litecoin , Ethereum , IOTA , Stratis , AntShares , and other Bitcoin-alternatives a "cryptocurrency."
Cryptocurrency trading is the Forex (Foreign Exchange) of cryptocurrencies of all the 900 (or more) coins in the market. This means you are able to trade different Bitcoin and altcoin normally for USD and BTC.
Cryptocurrency trading can be extremely profitable if you know what you are doing, but it can also lead to disaster.
Usually, cryptocurrency trading is done via an exchange, and you need to have acquired a virtual 'wallet' to hold them, which can make for a time-consuming process.
What Is a Cryptocurrency Exchange?
Cryptocurrency exchanges are websites where you can buy, sell or exchange cryptocurrencies for other digital currency or traditional currency like US dollars or Euro.
There are some exchanges that will let you purchase specific cryptocurrencies for USD, but it's a better idea to buy Bitcoin first. With some Bitcoin, you can trade into and out of every other cryptocurrency on the market, on every crypto exchange.
If you don't have any Bitcoin, The safest, most popular place to purchase Bitcoin is Coinbase . The reason why we recommend Coinbase is you will get free $10 Bitcoin if you buy Bitcoin for the first time with them.
Alternatively, you can also go to an exchange that has a USD-BTC pairing to try to trade USD for Bitcoin at a cheaper rate (to be covered later).
For those that want to trade professionally and have access to fancy trading tools, you will likely need to use an exchange that requires you to verify your ID and open an account. If you just want to make the occasional, straightforward trade, there are also platforms that you can use that do not require an account.
The first thing you will need is a safe and secure platform to trade your cryptocurrencies. There are a few exchanges in the market, to start with, you can try CEX.io as it has a simpler dashboard that is easier for beginners to navigate around, which takes just a few minutes to set up.
You'll then be able to log in to the platform, where you'll see Bitcoin and Ethereum quoted against a major currency, such as USD, EUR, GBP, and in your local currency.
To start with, you can transfer your cash to CEX.io via bank transfer. Buying Bitcoins with cash on your bank account is very beneficial, especially for large deposit amounts. You can also use SEPA for easier deposits in Euros.
After funds are successfully credited to your account, you can easily buy Bitcoins right away. Bitcoins then can be kept on your balance in a safe cryptocurrency cold storage, traded, or withdrawn to personal wallets at any moment.
Alternatively, you can buy Bitcoins with credit cards if bank transfer is not favorable in your country. Literally, CEX.io provides an opportunity to buy Bitcoin in just a few clicks with almost any type of the card issued in any currency of the world. Card credentials are safely stored in the card manager of each user's profile. A PCI DSS certificate confirms that they store, process and transmit data securely.
Note: You don't have to buy a whole Bitcoin (1 BTC). You can purchase Bitcoin in fractions known as Satoshis. For example, 500k Satoshis equals 0.005 Bitcoin.
How Do Bitcoin Exchanges Operate?
Bitcoin exchanges are just like any other physical currency exchanges. You're essentially buying one currency with another.
The relative value of a nation's physical currency is a reflection of the country's economic and financial health, especially since we moved off of the gold standard. The U.S. dollar, for example, is worth more than that of the Mexican peso due to the discrepancies between the two countries' economies--therefore you can buy lots of pesos for very few dollars (the dollars being relatively more valuable). The below example shows the value of Ethereum (ETH) to Bitcoin (BTC).
Exchanging is done by placing "Buy" or "Sell" orders, which the exchange system software then matches with each other.
"Buy" orders (or "bids") are offers to buy Bitcoins in exchange for another currency at a maximum price-per-bitcoin which is set by the offeror.
"Sell" orders (or, "asks") are offers to sell Bitcoins at a minimum price-per-bitcoin.
If the bid price of a buy order is higher than the asking price of a sell order, an exchange can be performed and either the bid order, the sell order or both can be removed from the "order book". Thus, at any given time, there is a price above which there are no more buy orders and a slightly higher price below which there are no more sell orders.
Communication with the Bitcoin currency exchanges is commonly done using a standard web browser, over a secure SSL connection.
What Trading Strategies for Beginners?
Why would the value of a cryptocurrency go up?
The value changes due to supply and demand. The more demand there is for something, the more people are willing to pay for it.
Cryptocurrencies are volatile and can be traded 24/7. It's important to closely follow the news and to understand how the market may interact with certain types of information and you need to know the ins and outs.
General trading principles apply and always remember: Buy Low, Sell High.
Cryptocurrency Trading is like any other trading and carries high risks. Whenever you see a potential for big profits, there are big risks connected. So it is a good idea to pay attention to the risks too.
The volatility of cryptocurrency prices is huge. I mean, if you never traded crypto, start small.
Beware of the pump and dump schemes. Besides the major crypto assets with more or less reliable volume (like BTC, ETH, lately also XMR, and some others) we wouldn't recommend to touch anything. Where you have no volume, there is a huge risk of manipulation, or how we call it in crypto "Pump and Dump". Some groups can organize pumps, making others to believe it will grow further, just to offload their positions. So we have big groups of "bag holders" at the end. Don't be one of them.
# Relative Strength Index (RSI)
The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100.
RSI is calculated in the following manner:-
RSI = 100 - [100/(1 + RS)], where RS = Average Gain / Average Loss.
Like many momentum oscillators, overbought and oversold readings for RSI work best when prices move sideways within a range. Taking the chart below as an example, RSI chart shows where the coin is overbought and oversold in real time. It is a good indicator when it is time to sell or buy.
RSI is a versatile momentum oscillator that has stood the test of time. Despite changes in volatility and the markets over the years, RSI remains as relevant now as it was when it was introduced.
#TIPS : RSI Chart is normally not made available in exchanges. However, you can turn it on on Coinigy where it is an online trading platform that taps into the global digital currency economy and Trade on 45+ Exchanges (including CEX.io ) from a single account and trade hundreds of currencies from the palm of your hand with Coinigy for Android. It allows you to access more than 75 Technical Indicators and Trade Directly From The Chart on all your favorite exchanges.
# Moving Average.
Another useful indicator is Moving Average strategy. Moving averages are perhaps the most commonly used technical indicators in cryptocurrency trading. MAs are used primarily as trend indicators and also identify support and resistance levels.
The two most frequently used MAs are the simple moving average (SMA), which is the average price over a given number of time periods, and the exponential moving average (EMA), which gives more weight to recent prices.
The trading chart below has been overlaid with the simple moving average line (blue line) in Coinigy.
A crossover is the most basic type of signal and is favored among many traders because it removes all emotion. The most basic type of crossover is when the price of an asset moves from one side of a moving average and closes on the other. Price crossovers are used by traders to identify shifts in momentum and can be used as a basic entry or exit strategy.
a cross below a moving average can signal the beginning of a downtrend and would likely be used by traders as a signal to close out any existing long positions. Conversely, a close above a moving average from below may suggest the beginning of a new uptrend.
How Do You Store the Earned Cryptocurrencies?
With fiat currency like US Dollars, you can store them at the bank or in your wallet. It's pretty straightforward.
But with digital currencies, there are a few wrinkles that you need to get your head around, but the idea is similar.
Although the general public likes to believe that their files and passwords are secure on their home computers, the reality of online security is nowhere near that false hope. Hardware wallets allow users to store sensitive information on separate devices, which offers greater security in a situation where their computer has become infected with malware.
There are several places you can keep your coins like hardware wallet - Ledger Nano S and Trezor . You, too, can store your coins on desktop clients such as Exodus and Electrum .
To learn a little bit more about how to safe keeping your coins, you can read How to Store Cryptocurrency Coin and Which Are the Safest Wallet?
Conclusion.
If you are new to cryptocurrency trading, work out a percentage of money you can afford to lose but think of it as saving in riskier assets compared to a fixed deposit. Invest in yourself by reading about the coins but be careful of 'get rich' merchants. Generally, be a long-term investor until you are smart enough and have the time to trade short-term.

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Fundamental Forex Strategies.
Understanding the fundamentals of the largest global economies and their impact on the currency market is complicated. For this reason, FX Leaders has dedicated an entire section to teach you how to use fundamental analysis in your forex trading. In this article, you will learn trading methods based on fundamental analysis, helping you understand the connection between the real economy and forex trading. Discover how to use fundamental forex strategies in your trading below.

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Bitcoin Exchange YOU CAN TRUST.
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Among the numerous websites providing Bitcoin exchange services, the positive reputation of CEX.IO makes it worth the trust of the users all over the world. With the customer base of over 3,000,000, the platform can be recognized as the one that can be relied on. Starting your Bitcoin trading on a platform with substantial history, you will benefit from a deep understanding of the market and customers’ needs.
We are constantly working on enhancing the security, ensuring the high level of customer support, and providing our users with new opportunities for trading on the Bitcoin market. CEX.IO is regularly considering the addition of new coins, which was not so long the case with Dash, Zcash, and Bitcoin Cash. Still, every cryptocurrency has to pass a thorough check to be listed. Our due diligence and concerns about the quality of the service yield results. Now, we are moving forward to achieve the status of the best cryptocurrency exchange.
Best Cryptocurrency Exchange: What does It Mean for Us?
For you to be able to recognize a reliable online exchange and sort out those that appear to be too weak, we list several features, paying attention to which would help you to make the right choice.