Forex Trading Strategy - The Best Strategy For Big Gains in 30 Minutes a Day

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Here we will look at the best Forex trading strategy, to make big gains with in around 30 minutes a day. Many of the world's top traders use this method and if you do too, then you will have a timeless way to make big gains - let's take a look at it in more detail.

When you look at a currency chart you will see the big trends which reflect the economic cycle of the country they represent and they last for long periods of time, from many weeks to years in some cases and if you want to trade with the trend, you need to know how to get into these big trends which yield the big profits and if you look closer at the chart you will see how every big bullish trend starts and continues.

ALL the big bullish trends, start out by breaking to new price highs and will continue doing this as the trend continues. When these breakouts occur the pro trader simply looks to buy them - he has the odds on his side and great risk reward - but the fact is most novice traders totally ignore this method of trading, so why do they ignore it when its so profitable?

Novice traders believe the myth which is that currency markets move to some hidden code or science and therefore can be predicted so they try and buy lows and sell highs and lose. When they see a breakout occur they want to get in but on their terms! They want the market to dip back to the breakout point so they get in at the start of the move but guess what? This does not occur, the best breakouts simply continue and pile up big profits.

In Forex markets you are trading the odds and the best way to get the odds on your side are to trade breakouts. It's a simple strategy, all you need to do is to look for levels, the market considers important to break and you get in. There is no hoping or guessing, you trade the reality of price change rather than try and predict and that's the best way to trade.

So get look for important levels of resistance to break, use some momentum indicators to check the velocity of price is increasing, get on board and enjoy the ride!

Breakout trading is the most easy to understand Forex trading strategy for profit and if you trade the breakout, you can make great profits in around 30 minutes a day.

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Source by Samuel Leslie Berkovits