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Submitted by Edward Revy on May 26, 2009 – 20:14. Basic strategies – where the education for all beginner traders starts. Basic strategies use simple chart pattern recognition rules and one or two basic indicators. By learning to recognize and trade simple patterns, novice Forex traders will be able to make a much smoother transition to more advanced trading systems and methods. Attention all traders: trading strategies are posted for their educational purpose only.
Trading rules may be subject to interpretation. Planned risk levels may be increased dramatically under extreme market conditions. We recommend testing your trading system on demo account before investing real money. Active traders Poll – share your live experience or read what others have to say. How To Double The Account In 1 Day? You can help thousands improve their trading!