Different Trading Strategies

**Zachary Davis** · 06-21-2018, 06:47 PM

Originally Posted by Vichu

REVERSAL TRADING
As the name implies, reversal trading is when traders seek to anticipate a reversal in a price trend with the aim to guarantee entrance into a trade ahead of the market.
This strategy is considered more difficult and risky. True reversals can be difficult to spot, but they’re also more rewarding if they are correctly predicted.
Traders use a variety of tools to spot reversals, such as momentum and volume indicators or visual cues on charts such as triple tops and bottoms, and head-and-shoulders patterns.

POSITION TRADING
Position trading is a long-term strategy that may play out over periods of weeks, months or even years. Position traders often base their strategies on long-term macroeconomic trends of different economies. They also typically operate with low levels of leverage and smaller trade sizes with the expectation of possibly profiting on large price movements over a long period of time.
These traders are more likely to rely on fundamental analysis together with technical indicators to choose their entry and exit levels. This type of trading may require greater levels of patience and stamina from traders, and may not be desirable for those seeking to turn a fast profit in a day-trading situation.

What did you mean by volume & momentum indicator? MACD type trading tool or anything else?

**Zachary Davis** · 06-21-2018, 06:50 PM

Originally Posted by Vishnu

CARRY TRADE
Carry trade is a unique category of forex trading that seeks to augment gains by taking advantage of interest rate differentials between the countries of currencies being traded.
Typically, currencies bought and held overnight will pay the trader the interbank interest rate of the country of which the currency was purchased. Carry traders may seek out a currency of a country with a low interest rate in order to buy a currency of a country paying a high interest rate, thus profiting from the difference.
Traders may use a strategy of trend trading together with carry trade to assure that the differences in currency prices and interest earned complement one another and do not offset one another.

PIVOT POINTS
Pivot point trading seeks to determine resistance and support levels based on an average of the previous trading session’s high, low and closing prices. This average is considered to help predict the next likely highs and lows, and intraday market reversals.
Because these averages are widely used in the market, they are considered a healthy gauge for how long a short-term trend may continue, and whether a particular range has been surpassed and a new price trend breakout is occurring.

To be honest, I have such a bad experience on pivot point trading; when I was a newbie then relied on PV, I see using support & resistant level manually is much better option for sure. Most of the time, market doesn’t respect the PV.

**eric3700** · 01-27-2019, 04:21 PM

Originally Posted by Zachary Davis

To be honest, I have such a bad experience on pivot point trading; when I was a newbie then relied on PV, I see using support & resistant level manually is much better option for sure. Most of the time, market doesn’t respect the PV.
https://myforexforums.com

**Valeriot78** · 02-28-2019, 09:29 PM

This EA looks very interesting

https://www.myfxbook.com/community/s...pros/1746174,2

https://www.youtube.com/watch?v=-GYWJeIMSw4

No grid, no martingale. EA open only one positions with TP and SL.

**russel** · 05-17-2019, 10:33 AM

All things considered, when I was another merchant then I thought, Forex is about the specialized apparatus based exchanging; even I relied upon just the default exchanging devices. Indeed, it's not appropriate method for exchanging. At the present time, I attempt to comprehend the specialized dialects of market dependent on Price Action exchanging methodology; other than I use fibo, pattern line and level lines.

**Sameeh** · 06-17-2020, 01:03 AM

I prefer to trade with the trend strategy and breakout trading strategy as this is better for me and i can be able to trade with this types of strategies, following of the trend is profitable and the risk is little and the return is good and so the trend is our friend always, also trading with the breakout is good also but it is better to trade with the true breakout not with false breakout to be sure that the market will not go against the trader and the winning may change to loses and so the trader should be patient when find breakout and should wait to be sure that the breakout is true or false and then he can decide to trade with this chance or not, this is better for good trading and for avoidance of unnecessary loses.