Developing a solid Forex trading strategy is crucial for long-term success.
Your plan should include entry/exit rules, risk management techniques, and position sizing.
Technical indicators like RSI, MACD, and moving averages can help in market analysis.
Backtesting on historical data gives you confidence in your strategy.
Never risk more than 1–2% of your capital per trade.
Use stop-loss and take-profit orders effectively to manage emotions.
Review and adjust your strategy based on performance and market conditions.
