In Forex Market Trading the aim of making money is not a trading strategy. Mapping your strategy is a plan. This would include details to the approach you are going to take. For example which currencies you are going to trade and how you will manage risk. If you don’t have a Forex Market trading strategy you may become one of the 90% of new traders who lose their money.
Professional Forex Market Traders,options traders and hedge funds have a huge advantage over small retail traders during off-peak hours (between 2200 CET and 1000 CET) where thay can hedge their positions and move them around when there is a small trade volume ( the risk is smaller). Don’t trade in off-peak hours if you are a small time trader.
There are many methods to analyze past trends in online Forex trading, however not one of them can predict the future. If you can recognize that all the market is doing is simply moving, you won't be able to blame anyone else.
