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Different Forex Trading Styles Forex trading systems are nothing more than a set of rules that traders use to arrive at their entry & exit points. Developing and using trading systems can help traders to earn consistent returns and limiting risk at the same time. Let us look at different types of trading styles in this post. Forex Trading Strategies Countless Forex trading strategies have been invented over the years, some relying on technical use of charts and numbers and others relying on a fundamental understanding of the market with reference to current events. Some have become very popular while others are only used by a minority of traders.These trading strategies range in different levels of complexity. We will now discuss some of our expert’s favorite strategies starting with a rather simple one and moving up the complexity scale as we go along. 2. Support and Resistance Levels Forex Trading Strategy Every forex trader, advanced or novice, should learn how to look for support and resistance levels on the charts. It doesn't matter if you trade Forex, commodities, stocks or any other instruments, this strategy will serve you as a baseline for your trading activity and analysis. The best thing about support and resistance levels is that a good trader can spot them even on a "naked" chart since they are easy to identify. 3.Fibonacci Indicator Forex Trading Strategy One of the most famous and popular forex trading strategies is Fibonacci, named after the famous Italian mathematician. Considered as a medium-long term trading strategy, we use it to follow repeating support and resistance levels. History shows that the market moves in waves and Fibonacci takes advantage of this fact. Fibonacci ratios can help us identify potential resistance and support levels on the financial charts. The most common ratios are 61.8%, 50% and 31.8%. Forex Basics, Forex Trading Styles, Forex Strategies, Forex Market, : forex trading strategies, basis the forex trading, best forex day trading strategies, best forex strategy, forex day trading strategies, forex bank trading strategies, forex trading strategies, forex trading strategies bangla, forex trading strategies for beginners, forex trading strategies in hindi, forex trading strategies in urdu, forex trading strategies indonesia, forex trading strategy 2016, forex trading strategy