Best Forex Strategies That Actually Work For Traders – August 2022

Right now is a glorious time to be a forex trader. The charts are ripe with easy pips. We’ve spent the last few weeks testing the best forex strategies that are having the most success in today’s markets. And we’ve nailed it down to three best forex strategies. These are making real pips for real traders. We’ve also include some tips to start using them quickly.

Best forex strategy overall: Grid trading

Grid trading has been around forever. It’s highly reliable but also very complex without software. Thankfully Odin does all the hard work for us with its new code just released in 2020. It works by assigning quadrants to a section of your forex charts. Then it gives each quadrant a probability value based on how many times the price has been there before. Using these values we can see where the price has been and where it is likely going.

Best forex strategies - Odin earns an easy 196 pips for you

Grid trading is one of the best forex strategies for the current markets. Odin trades grids for you.

Because the grid is dynamic, this forex strategy works well in both trending and ranging markets. It is one of the best forex strategies for volatility too. It quickly eliminates most spikes from news or other one-time sources. Odin is currently a very popular robot that trades this reliable grid strategy for you on any forex chart. And it’s really good at what it does.

Best Forex Strategies - Grid Trading

Odin has very low draw down with high percentage wins thanks to tight stops.

Most trades: Fibonacci strategies

Vader uses an advanced Fibonacci system to pinpoint fresh price movements coming and going. Each day it draws a center line and fib levels outward in both directions. Vader can accurately predict movements as they happen using these levels combined with its trend detection system. The fib levels also act as easy stop loss and take profit levels. All of this is full automated and handled for you.

Best forex strategies - Vader finds an easy 258 pips automatically

Vader uses automatic fib levels with a trend system to find large moves coming and going.

This unique strategy allows Vader to finds quality trades as they move both away from and towards the middle line. This often leads to double dipping as a move rallies in one direction and then falls back to center at a point of support or resistance. It’s a great strategy for the current markets. And it’s killing charts right now.

Best FX Strategies - Fibonacci Trading

Vader is a pip killer on any chart with its powerful logic.

Most reliable: Trend strategies

The trend is your friend more than ever this year. If you manage to get in early on a solid trend you can walk away with a load of pips for very little effort. The hard part for most traders is finding trends or trend based strategies that actually work. What trends are worthy? And how do you know when to exit? The answer is easy: Ganon.

Best forex strategies - Ganon shows off with an impressive 336 pips

The Ganon Forex Robot uses its new Strand Theory™ code base to find the best trend for you on any forex chart.

Ganon takes one of the most profitable trend based strategies ever and piles on features that only an expert advisor could handle. It eliminates chart noise to find the trends that matter. Then it opens trades and manages their profit automatically. It’s the quickest way to start finding quality trend trades tonight. And it is working really well right now.

Best FX Strategies - Trend Trading

Ganon’s trend trading performance is unmatched.

Runner up: Breakout strategies

The more forex trades you have open, the higher the risk of loss. So wise traders go after the biggest forex trades and skip the small frys. Breakout strategies go hand-in-hand with this mentality. They use price boundaries to get in on huge surges of movement when they happen. You can use Reaper to do this for you with great accuracy.

Best Forex Strategies: Reaper

Reaper has made the best forex robot list for some time now. It makes trading breakouts a snap.

Reaper is an automated breakout trader that is very simple to use. It takes a well tested breakout strategy and amplifies it with automated expert advisor features. It watches for price breakouts 24 hours a day so you never miss the action due to sleep or having a real life. And it gets you in on breakout trades right as they happen. That means more pips and less work. Best of all, it automatically detects the current market type and adjusts its settings.

Best FX Strategies - Breakouts

Reaper’s breakout performance shows why this EA is red hot.

Runner up: Price action strategies

Throw those technical indicators out the window and start trading “organically”. Sounds great, right? Unfortunately not many forex traders ever really get a firm grasp on using price action to find trades. We don’t blame them; it’s very hard. However it is a wonderful strategy right now and you should definitely try it out.

Best forex strategies - Falcor

Falcor is an automated price action expert advisor that finds forex trades for you. It’s one of the best forex strategies to use right now.

Since we don’t have the patience to manually trade price action strategies, we use the next best thing. Falcor is an automated price action expert advisor that just works. It uses no-lag indicators to spot big movements on any forex chart. No need for manual trading, studying candles, or guessing entry points. Just quality price action trades without spending years learning new skills. See what we mean below:

Best FX Strategies - Price Action

Falcor’s price action performance is a thing of beauty.

Start using one of these best forex strategies today

Learning to trade a new forex strategy can be hard. So use the software versions of the best forex strategies above to cut out the learning curve and increase your pips. Expert advisors let you start trading these forex strategies in minutes. And that’s exactly what you need to improve your forex trading tonight.

Download The Best Forex Strategy Right Now

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