Sunday, February 5, 2012

Forex Technical Indicators: Know Their Limitations

November 14, 2010 by  
Filed under Forex Strategy

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 [...]

Curreny Trading: Finding Your Forex Trading Style

August 22, 2010 by  
Filed under Forex Planning, Forex Strategy

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 [...]

Forex: The Truth about Leverage

July 26, 2010 by  
Filed under Forex Strategy, Money Management

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: Being Mindful of your Trading Opportunities

June 27, 2010 by  
Filed under Forex Strategy, Trading Mindset

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 [...]

Forex Trading: Advantages of Larger Time Frame

May 31, 2010 by  
Filed under Forex Strategy

When I started trading, I was looking the forex chart at the time frame of 15 mins. After a few days. , I went to 5 mins chart, then back to 15 mins chart… My strategy then was earn 20 pips daily and trading using the support and resistance lines. I was thinking, “hey! Earning [...]

Forex Tips: Handling News with an Open Position

Last blog post, we discuss on trading Forex with the news. This blog post will discuss how to handle an open position when there is a major news that is coming. Before we carry on, I would like to make clear that there are some forex strategies wouldn’t be that ideal for this plan . [...]

Forex Tip: Trading with the News

Trading Forex with the news is very unpredictable. Personally, I don’t like unpredictable and irrational events. Not just in Forex, but anything in life. It makes me feel stupid. So my best defense against irrational, unpredictable events will be stay away from them. I mean, will you like to take a lift from a drunk [...]

Forex Tip for Beginner: Trade Safely

April 11, 2010 by  
Filed under Forex Strategy, Money Management

Unpredictable. That is the only word we can describe today’s economy. However, it is this unpredictability that allows Forex Traders to profit no matter the situation. Forex market provides one of the most remunerative advantages for you because it is transparent and highly liquid. Even so, it is extremely important to learn how to trade [...]

Forex Strategy – Ride the Major Trend Every Time

March 28, 2010 by  
Filed under Forex Strategy

This method is often use by a lot advanced forex traders and they make a big loaf of money from their FX trading. This method may a bit hard to digest at first, so read as much as you can. It can really help you make more money from forex by just 30 minutes a [...]

Forex: Plan your Currency Trades

March 14, 2010 by  
Filed under Forex Planning, Forex Strategy

“Buy when the price is the lowest, when it goes up. Sell it” Sounds familiar? This is the same common advice I keep hearing for uneducated Forex traders wannabe. Nothing wrong with the advice. Be it long or short, that is what we are doing all the time. However, the questions lies in “How do [...]

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