A forex trading strategy is a plan or set of rules that a trader follows to decide when to buy or sell a currency pair in the foreign exchange market. It helps traders make decisions based on analysis, patterns, or indicators rather than emotions.

Technical analysis:

Traders use the past information shown by the forex charts, to predict the future as well as identifying trends.

Technical analysts use technical forex indicators and chart patterns to identify trends and make trading decisions.

Fundamental analysis:

This method involves analyzing global economic and financial factors, such as interest rates, GDP, and political developments, to predict future currency values.

Mastering fundamental analysis is one of the key factors to becoming a pro trader.

Fundamental analyst use global event information to make trade decisions.