Thursday, September 07, 2006

Which strategy to try first?

There are so many strategies and styles that reputedly work for trading forex that it is work just to pick a good strategy to begin with. I would like to start with something simple yet controvesial. It seems as though most traders in the forex world focus primarily on trending markets, for which currencies do trend about 1/3 of the time. I would like to try to opposite, earn money in non-trending markets. The moves will be shorter, but there should be more of them. Now I'm off to find a non-trending strategy that will be simple to implement.

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