There are 2 main strategies of currency trading. Manual and automated trading. Essentially they’re based mostly on the same strategies, only the automatic trading is following pre-set rules. Software like Forex Profit Launcher can follow a strategy on autopilot and issue signals to open trades. The traders on the other hand don’t even have to manually look for entry rules to trade. But it is vital to understand that it’s often a good idea to test every strategy you use, regardless of if it’s automated or manual. Only by thoroughly testing it you may expect profit and manage the danger of trading forex.