Here's a short-term trading strategy that you can use in the Forex market. Before I get into the nuts and bolts of the trading system, here are some quick background notes on the Forex market.
Forex (FX) Background Notes
The foreign exchange market is the largest, most liquid financial market in the world. According to the Bank for International Settlements, the average daily turnover in the global Forex market is estimated at $3.98 trillion. Some trading firms specializing in foreign exchange put the average even higher, with daily turnover in excess of $4 trillion.
Why Forex Is Unique
#1. It is the largest asset class in the world, leading to high liquidity.
#2. It trades continuously 24 hours a day except weekends, i.e. trading from 22:00 GMT on Sunday (Sydney) until 22:00 GMT Friday (New York).
#3. Low margins compared with other markets like stocks or fixed income.
Check with your broker or an FX broker for margin requirements and commissions.
Not For Everyone
Now that you have some background on Forex trading, let's take a look at exactly how this short-term trading strategy works. I will be using MarketClub's Trade Triangle technology which is easy to use and follow. This particular strategy employs the weekly Trade Triangles for trend and the daily Trade Triangles for timing.
This particular strategy is best suited for individuals who like to be active in the market. The short-term strategy requires entering orders every few days. In this short 5 minute video I am going to have you follow along as I walk you through the actual trading signals of this strategy from the beginning of 2013. At the end of the video, you'll be able to see every trade and how each trade fared, nothing has been left out.
In trading there is no "Holy Grail," believe me, as everyone has been looking for one since trading first began. However, you don't need a "Holy Grail to trade Forex, you just need a trading system that has stood the test of time. For FX trading or any kind of trading you need to manage your losses and this short-term trading strategy takes care of that for you.
Now, let's take a look at the pros and cons of this particular trading strategy.
PROS:
• Easy to follow and implement.
• No grey areas, the program shows you with visual Triangles the market's short-term direction.
• This trading strategy is best suited for active investors who are comfortable being active in the market.
CONS:
• If you are comfortable trading short-term, there really are no drawbacks to this strategy.
Be sure to watch the video all the way through to the end, as I share with you some FX history that is pretty much unknown to the general Forex markets.
If you decide that this particular strategy is right for you, paper trade it for a while and get the feel of how it works.
Every success using this short-term FX trading strategy.
Adam Hewison
President, INO.com
Co-Creator, MarketClub
P.S. Later this week I will be posting FX strategies for intermediate and long-term traders. Stay tuned!
Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your 
