Automatic Trading: A manner of Forex trading that involves neither human decision making nor involvement, but uses a pre-programmed strategy based on technical or fundamental analysis to automatically execute trades via an automated software program.
Forex Trade Robots: The Forex Robot trades your account while the market is open using highly sophisticated, short-term algorithms designed by professional independent financial advisor and traders.
Swing Trading: A way of Forex trade that involves seeking to profit from short to medium term swings in trend. Trades way can last from hours to days.
Swing Tip: Watch the random process momentum above support or below resistance in crossovers to time your trades.
Day Trading: A version of foreign exchange that involves multiple trades on an intra-day basis. The main advantage of trading in the day is that you do not have to worry about maintaining your currency position throughout the night. Exchanges made in this version can also last from minutes to hours.
Tip: Take time to learn about various types of trade cycles, this will give you a tremendous edge in trading because most traders don't give them very much attention.
Trend Trading: A style of trading that tries to profit from riding short, medium or long term trends in price.
Range Trading: A type of trading that attempts to profit from buying and selling currencies between a lower level of support and an upper level of resistance. The upper level of resistance and the lower level of support defines the range. The range forms a price channel where the price can be seen to fluctuate between the distance between support and resistance.
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