Questions that are often asked by aspiring traders is “What kind of trading approach should I use ? day trading, swing trading, position trading?

The strategy has been designed to be useful for trading any major currency pair such as EUR/USD, GBP/USD, USD/JPY, USD/CHF etc…

Forex market is a market where trends are long lasting, usually weeks and months at a time and are usually driven by technical analysis and that’s why for the beginning trader the only viable strategy is to swing and position trade in attempt to catch those large multiday/week currency moves.

As we can observe from the chart, trends are long lasting and when the price crosses 20 day Moving Average it usually stays there for long periods of tim

The real world is inhabited with real people.

Another school of thought is advocated by financial TV and radio stations, investment firms, brokerages etc? “Surprisingly” they are all trying to portray financial markets as an idyllic place where happy Moms, Dads and Grandpas use sophisticated software to place winning trades from their laptops while vacationing on sandy Caribbean beaches? Countless “talking heads” are enjoying their daily parade on TV channels such as CNBC or CNN supplying mostly worthless advice to general public.

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