Number one word of advice to forex traders looking for and new strategies: don't trust another trader to make a trade for you! If you don't learn these things yourself what do you expect from your trades? Learn price action and everything else will fall into place.
Also do not rely on these so-called Forex robots to make you hundreds of thousands of dollars as promised in the sales copy. You have to be disciplined and you also have to have a little money to start out. Always demo first and once you become consistent in your profits grow little money into the market because once real money gets involved it's a whole new ballgame.
forex trading strategies
Find your own way. Finding your own way is not only brilliant but also very wise. I found myself at a time in my trading career where things were consistent. This is when I was a newbie trader and at the time I had purchased several indicators that showed me price action. The indicators were nice and they were paid for which was not a problem at the time. But once that company went out of business they took their indicators with them and to his hard to find another tool is such to match my trading style. With that lesson taught me was not only to develop my own software as I need them, but also use them accordingly to how I like to trade.
You don't have to be advanced into developing your own for trading software. If you are a new trader you should not be thinking about that. And I advise you not to think about things like Forex trading robots. I have come across some impressive software but simple technical analysis and reading price action can get you a long way in your trading. You can actually make a good living trading Forex from your very own home using free tools that offer on free charting software. Most of the time you're for a trading company that should execute the trade through will provide you with these resources. Speaking of brokers who in the world should she trust?
I would advise you use a broker that is an ECN. Never use a desk broker. They will take trades against you every time. They actually make money off of new traders. An ECN broker does not have a dealing desk and you have more control over the trading panel. This is also good for Forex traders that like to get in trades and quickly get out of them for small profits. Never look for the bargain when you are looking for a broker. Honestly they don't exist at all. The fourth trading strategy that works the best for me is trading based off of price action. Once you get it you got it. Price action is everything and in the market. Once you get a feel for your currency pair and how it moves a certain times, your forex trading strategies will began to evolve to the next level.
forex trading strategies