Two opposing strategies

There are so many different styles and tastes in forex traders, it would be very difficult to discuss each one. For now, we will start with two strategies that are most common. The reason they are most often because they are opposite to each other ... range trading and trend trading.
Range Trading / Trade in range /
Range trading is a simple strategy in which the trader will buy currency or sell with the expectation that the price will return to its longer-term average.

How to trade range

One of the key values ​​of this strategy is identifying those price points that are more favorable to you. This means that the identification of price level to enter in the sellers stop selling, and buyers are more willing to start buying. These price points are generally obtained by determining the levels of supply (resistance) and demand (support). Levels of support and resistance can easily be obtained by performing a technical analysis chart. Indicators and oscillators can help you to enter the deal better.

Trend Trading
The second main strategy is trend following.

One of the most common strategies used by both new and experienced traders strategy to follow trends. Trend following simply means the identification of the price direction generally been moving, then placed transactions in the same direction.

Trend following is popular because strong trends tend to produce the greatest results. Many times, these strong results come from moving in the direction of the previous trend.

How to trade trend

Fortunately, the marketing of trend is very simple strategy. Ease of identification of transactions is largely due to this new and experienced traders use trend analysis in their trading plan