This PDF contains Chapter 5 from Mario Singh's book titled 17 Proven Currency Trading Strategies. In this chapter, Mario introduces the five categories of Forex traders and helps you understand your type through a quiz. Are you a scalper, day trader, swing trader, position trader or a mechanical trader? 7 Winning Strategies for Trading Forex Amazon Here we will look at the 4 week rule which was devised in the late seventies to trade commodity markets and is still popular today. The 4 Week Rule The 4 week trading rule system has been at the heart of many successful trading systems and is one of the simplest, easiest and most profitable ways to trade trending markets. The Rules Top 10 Best Forex Trading Strategies PDF Report If you're in the pursuit of nding the Best Forex trading Strategy and the keys to choosing a strategy that rst ts your own personality than this post is going to reveal the top 10 best Forex trading strategies that work. The best way to consistently make pro ts in the Forex market it completely Uncover who you are and what you are looking for before you trade so that you can lay the proper foundation on which to build your trading career. f4 THE 10 ESSENTIALS OF FOREX TRADING FOLLOW THE RULES The first step to successful trading is to analyze your character to ensure you are not bringing your bad habits to the trading table. This template will help you think about the sort of questions and rules you need to create in your own trading plan. You can also download a PDF of the trading plan template below. PDF Download: Get Your Free Trading Plan and Checklist Here Here are some of the things you will want to think about and add into your own trading plan; 12 Unbreakable Rules For Trend Trading. Trend trading can make you lots of money in the forex market if you can: correctly identify trends. get into a trade at the right time. and ride out the trend. So here are 12 Trend Trading Rules every forex trader needs to know and follow: trading location or "exchange." Most of the trading is conducted by telephone or through elec-tronic trading networks. The primary market for cur-rencies is the"interbank market" where banks, insurance compa-nies, large corporations and other large financial institutions manage the risks associated with fluctuations in currency rates. Rules Based Forex Trading, Price Movement. So if the EUR/CAD or EUR/JPY is trending up on at least the H4 time frame, go ahead and buy the pair. You can see the movement was very strong, 125 pips in one trading session on just one pair. Rule 4 - Trade only in the main forex trading session for at least 6 months. First, give your strategy a name. This might sound a little weird, but it will help you track the development of your trading method later. Name it whatever you want, or simply use the original name that came with the course you learned it from. The only thing that matters is that the name makes sense to you. As a Forex trader you will have the ability to; Trade a market that is open 24 hours a day and 5 days a week. Use leverage to trade large positions with a small investment. Find and trade many different setups as there are many different Forex pairs. Use the most advanced charts and best trading platforms in the world. The one and only aim in Forex & Futures trading is to make a profit consistently. It does not matter if you make a massive 20/1 risk/reward winning trade or a 20 times your risk winning trade. If you lose money at the end