Forex trading involves various strategies based on timeframes, risk tolerance, and market conditions. Here are the main types:

1. Scalping – Traders open and close positions within seconds or minutes, aiming to profit from small price movements. It requires quick decision-making and high liquidity.

2. Day Trading – Positions are held for a few hours but closed before the trading day ends to avoid overnight risks. Traders rely on technical analysis and short-term trends.

3. Swing Trading – Trades last from days to weeks, capitalizing on medium-term price swings. This method suits those who cannot monitor the market constantly.

4. Position Trading – A long-term approach where traders hold positions for weeks, months, or even years, based on fundamental analysis and macroeconomic trends.

5. Algorithmic Trading – Uses automated systems (bots) to execute trades based on pre-set algorithms, removing emotional bias and enabling high-speed transactions.

6. News Trading – Traders react to economic news releases (e.g., interest rate decisions) that cause volatility, entering trades just before or after announcements.

Each style has unique risks and rewards, so traders should choose based on their goals, experience, and availability.