Forex Trading Strategy 101 – Online - You need a Trading Strategy to place trades, else you are just GAMBLING. Price Action and Support and Resistance will help you to trade the proper way. FOREX Trading uses one form of Support and Resistance e.g. Bollinger Bands, Moving Averages (Simple or Exponential), Fractals, Relative Strength Index etc. With a proven track record of low Risk to high REWARD ratio, this strategy will help in getting to financial freedom status as long as you persevere as there’s no strategy that is 100%.