Right now is a glorious time to be a forex trader. The charts are ripe with easy pips. We’ve spent the last few weeks testing the best forex strategies the best forex strategies are having the most success in today’s markets.
And we’ve nailed it down to three best forex strategies. These are making real pips for real traders. We’ve also include some tips to start using them quickly. Grid trading forex strategies Grid trading has been around forever. It’s highly reliable but also very complex without software.
Thankfully Odin does all the hard work for us with its new code just released in 2017. It works by assigning quadrants to a section of your forex charts. Grid trading is one of the best forex strategies for the current markets. Because the grid is dynamic, this forex strategy works well in both trending and ranging markets. It is one of the best forex strategies for volatility too. It quickly eliminates most spikes from news or other one-time sources.
Odin is currently a very popular robot that trades this reliable grid strategy for you on any forex chart. Odin has very low draw down with high percentage wins thanks to tight stops. Fibonacci forex strategies Vader uses an advanced Fibonacci system to pinpoint fresh price movements coming and going. Each day it draws a center line and fib levels outward in both directions. Vader can accurately predict movements as they happen using these levels combined with its trend detection system. This unique strategy allows Vader to finds quality trades as they move both away from and towards the middle line.
This often leads to double dipping as a move rallies in one direction and then falls back to center at a point of support or resistance. It’s a great strategy for the current markets. Vader is a pip killer on any chart with its powerful logic. Trend forex strategies The trend is your friend more than ever this year. If you manage to get in early on a solid trend you can walk away with a load of pips for very little effort.