How to Create Successful Forex Strategy [infographics]

Do you have a successful forex strategy?

A successful forex strategy is crucial in order to succeed as a forex trader long-term. Creating one can take years and requires plenty of hard work and once created the benefits are not only worth the effort, but also required

Learn how to create a forex strategy which will help you attain consistent profits. Many traders are only focused on profits and forget the path which will lead them there.

From: PaxForex

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Paxforex Reviews

Paxforex founded by a team of professional traders with the help of investors . The owners of the company have extensive experience in Forex , stocks , options and CFD markets as traders and dealers .

when joining a forex broker , of course we need the guidance and assistance of a forex broker . Paxforex customer support is always ready to help us .
The paxforex Customer Support Team is available 24 - hours a day , 5 days a week via Live Chat , Skype , Email , and Telephone Call Back Request .

Paxforex held several promotions to the all customers. there are 2 types of promotion given that the deposit bonus and no deposit bonuses .

Forex Bonus Deposit

Forex Deposit Bonus is perfect for those who want to invest and earn serious profits in Forex Market. Deposit funds and get up to 100% Bonus Forex Deposit from us! For every single deposit you make – Get a Forex bonus. Deposit funds on your Trading account as many times as you want and receive up to 100% Forex Broker Bonus on each deposit. Enjoy return of investment with your Forex Bonus Deposit.

Deposit Bonus Benefits:

1. Can be used for Trading
2. Can be used for Margin

How to receive your Deposit bonus:

1. Open a trading account
2. Deposit funds in your trading account
3. Look for a Deposit confirmation e-mail
4. Reply to the Deposit confirmation e-mail

Free bonus from Paxforex:

- Forex Bonus No Deposit.

Welcome Forex Bonus No Deposit is a perfect way for the beginners of foreign currency market. Forex Bonus No Deposit allows you to practice at foreign currency market on the real funds and with 0 risk of your own! As soon as you will fill confident with your Trading strategy you can deposit funds at your Forex accountand start real trading. Also, we will save your Forex Bonus No Deposit and profit!

- Blog post No Deposit Bonus

Achieve our Blog post No Deposit Bonus. It is a unique possibility to open a live trading account without paying any cent and withdraw your profit together with bonus money! Just write a unique article at your blog with link to our blog and let us know. Your bonus will depend on amount of monthly visitors you have. 

Additionally paxforex always gives trade recommendations can we make reference to trade every day .
Here's one article of trade recommendations that I took from the website paxforex :

GBPUSD Second Put

Timeframe: D1 Recommendation: Short Position

Entry Level: Short Position @ 1.6225

Hedge Level: Stop Buy Order @ 1.6350 (Take Profit Level @ 1.6500)

Take Profit Zone: 1.5850 – 1.5900

Stop Loss Level: 1.6350 (We will not use a stop loss order and execute this trade as advised below)

The GBPUSD has rallied after touching its horizontal support zone as visible in this daily chart (D1). Thiscurrency pair is now trading inside its horizontal resistance zone which is marked in red in the above chart. We expect the GBPUSD to correct back down into its horizontal support zone which is marked in blue.

MACD indicates that momentum is fading, but it remains in bullish territory. We expect the histogram as well as moving average to approach the centerline during the expected correction. RSI is trading nearoverbought territory and suggests the lack of buyers while it has also formed a negative divergence.

We recommend a short position at 1.6225. We also recommend a stop buy order at 1.6350 with a take profit target of 1.6500 in order to hedge our short position and before adding new short positions to this trade.

Traders who wish to exit this currency trade at a loss are advised to place their stop loss order at 1.6350. We will not use a stop loss order and execute this trade as recommended. Place your take profit order at 1.5900.

Here are the reasons why we call the GBPUSD currency pair lower:

• The GBPUSD currency pair is currently trading at its horizontal resistance level
• MACD indicates that momentum is fading and bullish pressures are receding
• RSI is trading near overbought territory and has formed a negative divergence
• Profit taking in order to realize trading profits which should fuel the correction
• New short positions by institutional swing traders

Open your PaxForex Trading Account now and add this currency pair to your forex portfolio.

Trade recommendations also will be sent to our email address , so we do not get left behind , when there is time and the right conditions for market entry that could bring profit in our trade .

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