# Strategies ForexHero allows users to trade in both bull and bear markets with long and short strategies. Bots supports both directions but each bot is configured to trade in either Long or Short. To trade both directions with the same settings another bot must be used (Check out [Strategy Designer](/bot-settings/strategy-designer.md)). You may make a copy of a bot and change the strategy to trade an asset in both directions. ### What is a Long strategy Buying a Base currency (for example in EUR/USD, EUR is known as the Base Currency) with the Quote currency (USD for example) expecting that the value of the Base Currency to rise. A profit is made when you sell the Base Currency that has appreciated in price. ### What is a Short strategy? Selling a Base Currency in anticipation that the price of the forex will drop in the future. A profit is made when you buy back the same Base Currency at a lower price. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.forexhero.ai/bot-settings/strategies.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.