Archive for the Successful Trading Category
Forex Options: How to Make Use of Implied Volatility in Trading Forex
By Forex Fraud: Forex options can be exceptionally useful for a forex trader, but there’s no single way of using them in trading. You can use them as a kind of hedging mechanism, or to reduce the overall exposure of your account to a currency pair. You may use them to limit your downside. And [...]
Forex – Managing Risk with Precision Entries
By Forex District – This article outlines the process for executing precision entries. The risk/reward ratio for this method is in the range of 1:10 to 1:50+ subject to position size, market conditions and the point at which the trader decides to take profit. Managing risk effectively is a critical tool both for profit generation [...]
Should You Use Forex Robots?
By Daniel Hoffner – Before you consider purchasing a Forex Robot, you have to pick a Forex broker to work with, and a “platform” to use. Which trading platform to use? There are hundreds of brokers in the market, which means that you connect to them through the internet, and trade through them. Usually each [...]
Three Types of Trends in Forex
Three Types of Trends in Forex By AboutCurrency.com A trend reflects the average rate of change in price over time. Trends exist in all time frames and all markets. Forex Day traders may attempt to establish and take action in the short-term trends to within minutes. Position and swing traders may attempt to establish and [...]
The Most Profitable Forex Traders
By NoBrainerTrades – The below list comprises a number of different observations of myself and others through experience working with traders of all shapes and sizes, and is equally relevant to all. Some of the information is rehashed and/or might sound cliche, but here it is: They are experienced – Probably the most horrifying and [...]
Levelling Out the Forex Playing Field
By Forex District – Retail traders tend to be quite independent souls. We like to make our own decisions, hit the trigger or not hit the trigger; long or short; which pair today; what position size; what strategy; do our own homework. Being in charge of our own coin, having the latitude to make our [...]
Margin Calls and Currency Trading
By FXLine – Here’s some common mistakes forex traders make to get margin calls. 1. Not paying attention to the news Die hard technical trading followers can get their account balance lowered to dangerous level if not wiped out totally during big fundamental changes that happen in the political and economic news. It is a [...]
5 Steps To Successful Forex Trading
By UberForex – The Foreign Exchange has become very popular and spread now as the people made sure its legal and real not a just a game fraud after being backed by the global leading financial institution. People had different opinions concerning Forex, some think its just a risky gamble, some think it needs a [...]
Trading the Forex Waves for Profit
By Jade Gate / Forex District – Just like surfing the ocean waves, there is a right time of day to catch the incoming or outgoing Forex tide waves. When the time comes and “the surf is up”, there is also an exact right moment to harness the maximum power of the individual wave as [...]
Forex – The Hidden Curse of Bias
By Forex District – This article outlines the hidden issue in a strong trending market and provides trading “re-programming exercises” to assist with overcoming trending bias when market changes direction. As all good traders know, the trend is your friend, right? You bet! Catching the waves of momentum in the underlying trend direction following a [...]