Trading Strategies in Forex

The fact about the success of strategies

If you search by Google engine for a phrase Forex trading systems you'll find that there are many, many companies and individuals who sell strategies for trading a few thousand dollars, and on the assumption that these strategies achieve thousands of points weekly or monthly or daily, with the presentation of the default results on profits.

Here you say you if you paid to these people $ 2000 for example, the will guide me to understand how to achieve thousands of points and win a lot of money!!

The first fact:

Here are some important things that you should know before you give them your credit Card number, do not be impulsive in buying only after you understand the following, despite the fact that these systems are already operating and achieving profit-but the problem is that there are few only from the traders who are committed to the implementation of this strategy and discipline, so will you be disciplined in implementing the strategy!

The second fact:

The problem is not in the establishment of your trading strategy, but the problem to follow these strategic disciplined.

There are many companies that sell these strategies, but we did not see one of them teaches you how to arise your own strategies system, but I will give you in this article a set of steps that take you to create and develop your strategy system for a useful and i will provide you with examples, In addition, i will deliver very easy excellent trading strategies.

The objectives of their trading strategy

A question for you...

What is your goal of your strategy!!

We know you're probably saying now...

The goal of the system strategies is "I want to get more dollars"

Well it is a wonderful goal, but does not work with us as a strategy make you a successful trader.

When you want to develop your own trading system

It must be achieved two important goals:

(1) Your strategy to be able to identify possible new direction early.

(2) Your strategy and be able to avoid mistakes.

If you succeed in achieving these goals i guarantee you that you will be successful Forex trader, knowing that these goals contradictory, since it if your goal is the only to hold the trend is likely early this will expose you to more errors, on the other hand if your goal is to avoid the mistakes you will be late in your trading and lose many of the lucrative trade.

If that task when you develop your trading system to find a balance between the two objectives

Namely

• To discover trends early properly.

• As well as get rid of the false signals about the market.

Always remember these goals when you want to develop your own strategy system because it will make you the proper way to trade foreign exchange and even in the equity markets.

Knowledge and Neural Networks in Forex trading strategies

Neural networks have become fashionable in the world of Forex, which is a term borrowed from the artificial intelligence community. Technically, the neural network is one of the methods of data analysis consists of a large number of processing units that are interconnected by the probable odds. More simply, neural networks are broadly similar model human brain in function and learning. For several decades, and even today, workers in artificial intelligence, using neural network models for making computers "think" and "learning" based on the results of their actions.

Unlike the traditional data structure, neural accommodate multiple sources of data networks, because it eliminates one of the results. Although there is no way to measure data exists on the other side of the possibility of adding the factors to be taken into account when making predictions. This idea is used in programs to predict the Forex market. This is because the networks can be trained to be able to interpret data and draw conclusions.

Before using one of them to make predictions about the Forex market, neural networks must be "trained" to identify and resolve models appearing between input and output. The training and testing may take some time, but it is what gives neural networks are able to predict future outcomes based on historical data. The basic idea is that when you provide examples of currency pairs and entry-exit "of these networks, they can recognize in the disciples and then applied them when they received new data. From there, the network can compare how close the outputs with the correct results to correct later in the back and adjust the weight of the change disciples to the correct result predictions.

This requires that providing the network by two discreet data - training and experimentation. One of the strengths of neural networks is that they can continue to learn by comparing predictions with data continuously. Neural networks are also well on a combination of fundamental and technical data, so that they can get the best possible scenarios. available High capacity allow them to identify patterns that cannot be taken into account by applying these models and then used to make predictions that can eventually lead to more accurate results cannot imagine.

Unfortunately, the previous power point can also be seen as a weak point in the "use of neural networks to predict during the day. Finally, the exit quality can depend on the quality of data and the neural network were fed large amounts of these neural networks are very good at extracting patterns from many types of information. Even in the absence of a model or a report, among other strengths in neural networks - is that they have the ability to apply artificial intelligence, computer impassive at the end to have an ego -, they can also be a weakness when it comes to volatile markets when the guest worker used the artificial neural network does not have the ability to assess the emotional weight of this factor.

Today, there are dozens of platforms Forex trading on the market that uses the theory of neural networks and technology training network for the trading system you are using, and then help you make predictions and generate buy and sell signals based on the same thing. The important thing to keep in mind is that the basic rule in Forex Trading is applied in the construction of a neural network must always teach you to be aware of what you are doing. If it is a fundamental or technical analysis, neural networks, or their feelings, the most important thing for success in Forex Trading is still learning more and more is possible.