Best Forex Trading Strategies For Working Person

In today currency trading Q & A, we have a fellow trader asking for the best forex trading strategies for working person.

Here is the question:

I’m looking for a trading system suitable for a working person. I have 2 hours each day before work available where I do my chart analysis. I have had mixed results but still haven’t found the necessary confidence in a system suitable to my situation.

I know that most of you here are holding a job and trade forex after your work using your free time. Therefore this must be one question that most of you are interested to ask. Therefore I will like to thank this trader for asking this question in behalf of all of you here.

If I were to recommend the best forex trading strategies for working person with limited time per day. I will recommend the below 2 trading strategies

1) Forex Swing Trading – This is a trading strategy where you will enter a trade to profit from the market swing. As you may have know, the market is made up of waves which is what we call the swings.

We are not going to trade all the swings but we are only going to focus on swings that are bigger in magnitude as these are where we are going to grap more profit from.

However big swing only occur at specific period of time and this is why I think that this strategy is suitable for those of you who are working in the day but trading in the night. Big swing occurs at London Open, Close, New York Open and Close period as these are timing where the market is most active.

Forex Swing Trading Strategy

To find out more about the forex trading hours, you can read this article I have written some times back

Click Here To Find Out About the Forex Trading Hours

2) Forex Breakout Trading – The next strategy that I want to recommend you guys is the forex breakout strategy. This is one strategy that I often recommend new traders to learn as it is very easy to spot and easy to execute.

What we are doing here is to identify the market consolidation and then wait for the market to breakout of a candlestick pattern or trend channel. Similarly the real breakout usually occur at the major trading hours.

For those of you who are working in the day, you can just focus on trading during this hours. In fact, I have previously purchased a course that I think is very suitable for working traders as it will teach a method to check if there is a trading opportunity everyday with just 10 to 15 minutes of your time.

Before I purchase this course, I was pretty skeptical but after I got hold of it and go through the lesson, it was worth the effort and I am still using the technique taught today in my trading.

For those of you who are interested to find out more about the course, you can visit the official website below

I hope that I have answered your question on the best forex trading strategies for working person and if any of you have anything to share, do feel free to give your comment below as it will be very useful for this community.

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