1. Trend trading

This involves looking for a new high or low that breaks from an old resistance by at least three pips and then opening a trade from there. Trading on trends requires you to learn how to spot (not predict) trends to profit from Forex.

2. Swing trading

This is where you enter a long-term trade based on three indicators–moving average, relative strength index (RSI), and visual analysis.

3. Breakout confirmation

This involves placing a few momentum indicators–RSI and the stochastic movement–to help you analyse if a trend is likely to materialise.

However one must take note that long strategy is only suitable for people like Swing trader and Position trader.

Swing trader 
This kind of trader holds a position for several days or weeks, in the hope that a trend or pattern will change direction. They then profit from the price swings. Using technical analysis tools, a swing trader identifies a possible trend to hold for a certain period of time.

Position trader
Nothing beats a position trader in the waiting game. They can wait for days or even years to close a position. Because the goal is to profit from long-term opportunities, they use fundamental and technical analysis to identify profitable trades.