What Are The Three Main Forex Trading System Models?

Broadly speaking, forex trading systems fall into one of three camps: long, mid and short term.

Long term systems are trend-followers that go with the direction of the trend and hold positions until there is a reversal of fortunes. The meaning of long term outlook varies and can be as long as 12 months with trades held as long as possible.

Mid term systems are more middle of the road and, on average, trades will be held for a month or so while the mid term system attempts to get the best of both worlds by following the pattern of crests and troughs in the market.

Short term trading systems, by comparison, adopt an outlook that is usually no longer than a few days hence and trades are squarely aimed to capitalise on daily movements.

Trading systems like these are open to disruption in the same way that any web based service is. While efforts are made to reduce the risk of down time, always ensure there is an option to trade by telephone in the event of an outage or disruption to service.