Learn Basics Before Using Forex Strategy

forex strategy is not different from the strategies used in equity investment or commodity investment. All the charts and patterns that are used to identify the right buy and sell time in other market are also relevant in the Forex market. If you don’t want to rely on the broking house for your trades then start with the basics of the charts and patterns. Learn how to identify support and resistance, draw recent trend lines. Only after these two steps you can select the right strategy that will help you to earn profit in the trade. Brush up your basics if you have not used it lately and want to understand the more technical terms.