Best Forex Strategies That Actually Work For Traders – December 2021.
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 that 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.
Best forex strategy overall: Grid trading.
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 2020. It works by assigning quadrants to a section of your forex charts. Then it gives each quadrant a probability value based on how many times the price has been there before. Using these values we can see where the price has been and where it is likely going.
Grid trading is one of the best forex strategies for the current markets. Odin trades grids for you.
Odin has very low draw down with high percentage wins thanks to tight stops.
Most trades: Fibonacci 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. The fib levels also act as easy stop loss and take profit levels. All of this is full automated and handled for you.
Vader uses automatic fib levels with a trend system to find large moves coming and going.
Vader is a pip killer on any chart with its powerful logic.
Most reliable: Trend 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. The hard part for most traders is finding trends or trend based strategies that actually work. What trends are worthy? And how do you know when to exit? The answer is easy: Ganon.
The Ganon Forex Robot uses its new Strand Theory™ code base to find the best trend for you on any forex chart.
Ganon’s trend trading performance is unmatched.
Runner up: Breakout strategies.
The more forex trades you have open, the higher the risk of loss. So wise traders go after the biggest forex trades and skip the small frys. Breakout strategies go hand-in-hand with this mentality. They use price boundaries to get in on huge surges of movement when they happen. You can use Reaper to do this for you with great accuracy.
Reaper has made the best forex robot list for some time now. It makes trading breakouts a snap.
Reaper’s breakout performance shows why this EA is red hot.
Runner up: Price action strategies.
Throw those technical indicators out the window and start trading “organically”. Sounds great, right? Unfortunately not many forex traders ever really get a firm grasp on using price action to find trades. We don’t blame them; it’s very hard. However it is a wonderful strategy right now and you should definitely try it out.
Falcor is an automated price action expert advisor that finds forex trades for you. It’s one of the best forex strategies to use right now.
Falcor’s price action performance is a thing of beauty.
Start using one of these best forex strategies today.
Learning to trade a new forex strategy can be hard. So use the software versions of the best forex strategies above to cut out the learning curve and increase your pips. Expert advisors let you start trading these forex strategies in minutes. And that’s exactly what you need to improve your forex trading tonight.