Getting started with Forex Trading--Basic Trading Strategies

It'll be difficult to cover all existing trading strategies in a small article, because the options are limitless.

And as a beginner, that's not really something you should worry about too much, because finding your favorite trading strategy takes time, practice, and a gauge for your risk level. For now, you should know the two most basic types of trading strategies - fundamental analysis, and technical analysis.

The difference is simple. Fundamental analysis deals with macro factors like eco- nomic indicators and political news to foresee how the market will be affected. Technical analysis, on the other hand, is about what it says.
lt takes hard data like history and statistics to come to predict how patterns will repeat in the future. Many traders use a combination of both in their work, and as a beginner, it would be useful to take a stab at both and identify which strategy you like best.