Forex trading strategies are systematic methods that traders use to make decisions in the foreign exchange market. These strategies can be categorized into various types, including trend-following, range trading, and breakout strategies. Trend-following strategies aim to capitalize on ongoing market movements by identifying upward or downward trends, while range trading strategies focus on identifying key support and resistance levels to trade within a defined price range. Breakout strategies involve entering a trade when the price moves beyond established support or resistance, signaling a potential significant price movement. Each strategy requires a clear plan, including entry and exit points, risk management measures, and market analysis. Developing and testing a trading strategy is essential for consistent success in forex trading, as it provides a structured approach to navigate the complexities of the market.