Tools and methods used to formulate a strategy for trading foreign exchange

Foreign exchange trading is the speculative trading of currencies against one another. Traders buy or sell a currency based on their view regarding the direction of interest rates, inflation, currency volatility or other factors. (In simple terms, forex trading is the buying and selling of foreign currencies.) As with other types of trading, traders seek to buy low and sell high. The volume of global forex trading is huge: In June 2019, it totaled $TM5  trillion per day, according to the Forex Forum.

 Strategies
As with other types of trading, various strategies are used by forex traders. A strategy is a plan or approach to investing. A strategy can be very simple or very complex. Among the types of strategies you will encounter as a trader are:
Bull spreads
A bull spread is an equity option strategy that is used by traders who believe that the underlying stock\’s price will rise in the near term. A bull spread is  not used when the trader believes that the stock\’s price will fall.
Covered call writing
Covered call writing is an option strategy used by investors who want to reduce the risk of holding onto a stock while receiving some additional income from the investment.
 directional
A directional option is an option on an individual asset rather than an index.
Strategy Trees
A strategy tree is a diagram used to illustrate the strategies that should be employed at each decision point in order to achieve a specific objective.
Trend Following
Trend following is a dynamic asset allocation strategy that seeks to take advantage of the speed of moves in the futures markets.
Strategy Evaluation
A strategy evaluation employs a simulation tool to assess the potential performance of a given strategy under a range of different market assumptions.
MAC-Corr
The Multivariate AC-Corr is an optimization method used to select the optimal coefficients for a linear projection algorithm such as this one.

Radio Show: Strategies & Tactics | Gordon M. Smith

Global Macro Fund Manager Gordon M. Smith shares insights on managing a global macro hedge fund, including key performance indicators and strategies to capture returns in both bull and bear markets.
Strategies | Strategies & Tactics Magazine
Each strategy features practical advice, trader profiles, helpful resources and videos, and a strategy simulation that allows you to apply the technique yourself under different market conditions.
Strategies | Strategies & Tactics Magazine
Each strategy features practical advice, trader profiles, helpful resources and videos, and a strategy simulation that allows you to apply the technique yourself under different market conditions.
Learn to Trade | Learn to Trade Magazine
LTM is the only magazine devoted exclusively to trader training. It helps traders at every skill level improve their trading game through educational articles and in-depth features. It also features a strategic corner focused on the financial markets. [Read more >]
Simulation & Strategy Tools | Linedash
Linda is a software tool that provides traders with technical analysis and strategy development tools. It is best used to build and simulate & strategy tools > experiment with trading strategies, perform technical analysis, and visualizes market data. Click below to learn more.
Trader FX | NinjaTrader
Develop your trading idea in a spreadsheet, and then simulate it using realistic market assumptions. See how your strategy would have worked over different time periods.
TraderLab | QuantNet
TraderLab is a simulation and virtual trading game that helps students test and improve their trading skills in a realistic game environment. It features 14 challenging game courses, each consisting of several modules.

Whaley Advantage Trader Simulation | Whaley Trust

The Whaley Advantage Trader Simulation offers individuals an opportunity to practice the skills needed to become successful traders. Work through the 10 training courses and take one of three certified assessments.

Forex Strategies – Learn To Trade The Forex Markets

ebooks | free ebook | PTF Revolution
PDF (Power of Time and Frequency) is a one-size-fits-all strategy that you can use to beat the market with any level of risk tolerance and investment budget.
The Complete Idiot’s Guide to Futures Trading
This book includes tips for using futures to protect against price swings in stocks you intend to hold; how to select the right futures market for your strategy; buying and selling futures contracts.
The Killer Hedge Fund Strategies
book | book | Wiley | William Kennedy
The Killer Hedge Fund Strategies is a complete guide to managing risk while maximizing gains. Learn how to build and manage a portfolio, define and use key indicators, and more. [Read more >]
The Insider’s Guide to Becoming a Futures Trader
This guide gives you the basics of what futures are and how the market works, plus information on finding a broker, trading strategies, and managing money.
Strategy Guides – How to Build a Winning Trading Strategy
books | Harriman House | Tobias Copeland
With The Complete Guide to Trading Systems, you’ll learn how to identify promising trading ideas, create realistic performance expectations, refine systems with historical data, and more.
The Tactical Trader: New Strategies for Accurate Forex & Futures Trading
This book includes a bonus chapter on behavioral finance that was previously exclusive to Wiley Traders Club members  [Read more >]
Trading in the Zone
book |feldMAN | Mark Douglas
Trading in the Zone is a complete guide to mastering your emotions as you trade, keeping fear and anxiety from getting in the way of your logical reasoning.
Trading 212 | Trading Strategies
Trading 212 offers a variety of books to help you develop your trading skills, including books on candlestick charts, trading futures, trading options and trading currencies.
Trading for a Living
book | Ludlow | William Silvanitti.
Trading in the Zone
book |feldman | Mark Douglas
Trading in the Zone is a complete guide to mastering your emotions as you trade, keeping fear and anxiety from getting in the way of your logical reasoning.
Learn To Trade The .