A well concise trading strategy is very important for profitability in forex trading. A trading strategy is a set of rules that determines the precise time to enter and exit a trade based on certain conditions in price movement. It is commonly believed that failure to plan means a plan to fail, of which forex trading is no exception.
There are a lot of profitable forex trading strategies that can be used inorder to get different trading results. This article details a unique 50 pips a day trading strategy.