Successful Forex Strategy

In this Post we will share most Effective Forex Strategies every week. If you follow these strategies you can become a successful forex trader in no time.

1. Risk / Reward Ratio (1:3)

If you don't know market's technical deeply, This simple strategy will help you to increase your account equity.

Just follow these simple steps:-

1. Select any pair GPB/USD, EUR/USD, USD/JPY etc
2. BUY/SELL anywhere, wherever the market is.
3. Keep Take Profit (T/P) on 90 pips
4. Place Stop Loss (S/L) on 30 pips

Example:                  Buy EUR/USD at        1.1300
                                 Place Stop Loss at       1.1270
                                 Place Take Profit at     1.1390 etc

Suppose you open 100 positions, if 50 hit your T/P and 50 hit S/L even then you will be gainer, we explain this example

Position with Profit: 50 x 90 = 4500 pips
Position with Loss:   50 x 30 = 1500 pips    
Net Profit:                 4500 - 1500 = 3000 pips  

If 40 positions close at profit and 60 with Loss even then you will be in profit.

Position with Profit: 40 x 90 = 3600 pips
Position with Loss:   60 x 30 = 1800 pips    
Net Profit:                 3600 - 1800 = 1800 pips  

www.anzah.instafx-world.com