Forex Technical Indicators: Know Their Limitations

We forex traders look at technical indicators to determine when we should enter or exit a trade. Using Technical indicators,like MACD, Moving Averages, Bollinger Bands and many more, are perfectly fine. Just that many forex traders put too much weight on them. This isn’t healthy when it comes to their trading. Successful forex traders know [...]

Forex: Non-farm Payroll and Other News Events

Economists and Financial experts will gather and announce their estimates on what economic indicators figure should be to the newspapers and the internet. If their predication are accurate with the non-farm payroll numbers, the market is said to have “priced in” the numbers, and the market will barely react when the news is made. However, [...]

Forex: The Fears of Trading Currency

What is Fear? Well, you can look it up in the dictionary and google it, the answer will be simply put as an emotion of being afraid. When it comes to trading currency, we all feel afraid at some point of time, and the key is how we ‘steel’ ourselves to face this concern when [...]

Advantages of Trading Forex in Singapore

We know that trading forex is a good way to make money. We also know that forex trading is extremely volatile. However, there are many ways to make money in Singapore. MLM, property, insurance, stock market, options trading. Some even resort to scam or use charity to earn millions. So, in Whizforex, why are we [...]

Off topic: Getting out of Debt in Singapore

I work for the Navy, I saw my fair share of good people, good colleagues, working hard, protecting Singapore waters, but have very poor personal money management. Many of them, got into a lot of debts. Usually credit cards debt. Don’t me wrong, not the usual Forex Money Management, which we discuss so often to [...]

Curreny Trading: Finding Your Forex Trading Style

Let’s say you have a tested and proven money making Forex strategy and give it to a group of Forex traders. You will found out that every trader in group will have produce different results. What could go wrong? A tested and proven money making method, trader or simply Heaven’s will? Trust me, if Heaven [...]

Off topic: Take a break

When your boss is really hitting your nerve, and you have been having a series of losing trades. The feeling is really like the end of the world. Uncertainty bites your neck as it reminds you that you are getting older, there is no such thing call job security, your kids are getting smarter and [...]

Forex: The Truth about Leverage

Leverage is often being blamed by Novice Forex traders for losing money. It is being blamed so often that and they did not take a strategic moment to think what could be the problem really is. For those who has no idea what is Leverage means in Forex trading. It is the amount of currency [...]

Forex: How Much Do Banks Trade?

I am sure for everybody, it is important to realize that in the Currency trading Market, there are many standards and ordinances. And some of them may differ another totally. Even so, this is the only market that running twenty four hours daily, 5 days weekly and most of the days in a year (sorry, [...]

Forex: Being Mindful of your Trading Opportunities

There are some very important principles to track a very likely profitable trade. The essential component for choosing a trading opportunity are : low degree of risk big profitable possibility how secure the trade is It is very wise for traders taking these measures into consideration before entering a trade. The better the trader can [...]

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