Strategy - a careful plan or method consisting of precisely determined efforts toward a goal.
In the spirit of Forex Currency Market, a trading strategy means a strictly defined method of taking decisions, answering the following questions:
* When should you open a position?
* What should the direction of the position be?
* What should the volume of the position be?
* Is it necessary to add or reduce the current position?
* When should you close the current position?
Its main purpose is to earn profit with a minimum fluctuation of your bank account. The strategy involved in a trading system has to give us clear buy and sell signals.
Building a strategy you can use two primary bases fundamental analysis and technical analysis.
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