There is a seemingly infinite amount of forex traders who are looking for the best forex trading strategy. There is nothing wrong with that. However, most of them don't realize that the market cannot and should not be traded mechanically. If you want to be successful in this business, you have to understand that the forex market requires discretion.
Sit down and really think about how many traders are using 100% mechanical systems. Now think about how many people are losing money in the forex market. If you don't know, it's over 95% of the trading public. This is why all these "trading systems in a box" just don't work.
You've got to understand the basics of trading. You can do this by grasping the concept of price action. The currency market (more than any other market) has these kind of price action patterns that repeat themselves constantly. These patterns are like clues as to what is going to happen to the future direction of the price.
I think that most people that have heard of price action, and yet have never traded it, were probably intimidated with the idea. It's probably because it is a bit more discretionary than what they are so used to. They don't want to think about WHY they should be buying or selling. They would just prefer to blindly follow one of their many indicators. But that's not the way trading works. You need to actually be able to "analyze" the market through your own eyes.
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