Trend Following Strategies:
Moving Average Crossover: Trades signals when fast and slow moving averages cross.
Parabolic SAR: Uses a series of parabolic curves to identify trend direction and potential reversal points.
Ichimoku Kinko Hyo: A complex system that provides multiple trading signals based on technical indicators.
Range Trading Strategies:
Donchian Channel: Trades within a range defined by high and low prices over a specified period.
Bolinger Bands: Uses Bollinger Bands to identify overbought and oversold conditions.
Keltner Channel: Similar to Bollinger Bands but uses ATR (Average True Range) instead of volatility.
Momentum Trading Strategies:
Relative Strength Index (RSI): Measures momentum by comparing the magnitude of recent gains to losses.
Stochastic Oscillator: Calculates the momentum of a currency pair relative to its recent range.
MACD (Moving Average Convergence Divergence): Compares two exponential moving averages to identify trend changes.
Reversal Trading Strategies:
Double/Triple Top or Bottom: Looks for price reversals at key levels where previous highs or lows were rejected.
Head and Shoulders Pattern: A chart pattern that indicates a potential trend reversal.
Pin Bar: A candlestick pattern that indicates a rejection of price at a specific level.
Scalping Strategies:
Tick Scalping: Trades on very small price movements within a single candlestick.
Range Scalping: Targets small profits within a defined price range.
News Scalping: Takes advantage of price fluctuations caused by news events.
Other Strategies:
Carry Trading: Entails borrowing a currency with a low interest rate and investing it in a currency with a higher interest rate.
Fundamental Analysis: Uses economic data and news events to forecast currency movements.
Technical Analysis: Uses chart patterns, indicators, and price action to identify trading opportunities.