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I don't think there's a 'best' strategy for intraday FX trading. Just start out by picking a directional bias through fundamental and basic technical analysis and start putting on positions as the trend pulls back or as the range hits an extreme, cut losses short and don't be afraid to keep taking small positions until your bias changes. Also time of day has a lot to do with consistent intraday set ups.
I'm creating this thread with the purpose of a 'catch all' for any trading related question that futures.io (formerly BMT) members want to ask, but don't want to create a new thread for -- or find an existing thread to reply to.
I've …
The thread contains hundreds of questions from traders, and answers to those questions from my point of view and a few others.
It should become completely obvious after reading that thread what you should do, and more importantly, what you should not.