Don’t Overtrade

If you are experiencing a run of wins, don't get getting carried away in the flush of success. You don't want to give it all back. Over...

FOREX Trading Profits – 4 Tools to Help You Catch the Biggest Trends

Here we are going to look at the art of contrary trading, which if you can trade contrary to the majority at important market turning points, which can give you massive profits but also low risk.These FOREX trading profits only come a few times a year, but if you simply concentrated on them and caught them, you could enjoy triple digit profits.Let’s look at how to catch them.A good place to start...

6 Simplest Steps to Successful Portfolio Management

Portfolio management is challenging, but it's also exciting. Some people prefer to have their portfolios managed by a professional. However, it's not impossible to manage your own portfolio. It just takes time and a basic understanding of the process.Portfolio management involves 6 steps in an ongoing process.1. Determine Objectives/Constraints2. Formulate a Strategy3. Design an Investment Policy4....

Create a Forex Strategy That Will Provide Massive Returns

Forex is a foreign-exchange currency market, where investors from all over the world buy and sell different currency pairs. The development of the Internet and computer programs have made it possible for people from all over the world to enter this multi-billion dollar market. But, most of them get caught up by the system. Start-ups with as much as $250 in their account are highly-likely to fail....

The Five Secrets of Successful Forex Trading

I think I had better start off by clarifying that there really are no “secrets” to trading in the forex market, but there are certain things that successful traders do that unsuccessful traders do not do – and vice versa.It seems to be a well established fact that 95% of all the people that trade the forex lose some or all of their investment while a small percentage of traders make a very handsome...

Backtesting System

How long should you backtest a system? I am frequently asked how long one should backtest a trading system. Though there's no easy answer, I will...

E-currency Exchange Home Business

If you are reading this article you are probably one of the many people who have spent countless hours searching for unique ways to make money on the internet. Very few people have gone on to succeed and most have failed miserably time and time again.So how are some people succeeding? The answer is quite simple; they are finding a business that works with their specific strengths and needs. The majority...

Learn A Profitable Forex Breakout Strategy You Can Use Right Now

Breakouts have always fascinated me and although at first they did not prove to be profitable I believed there must be an easy way to trade them, and there is.There is a key to breakouts, that key is that they must be seen by enough traders and institutions to create volume so the breakout will be strong. How does this relate to us? It's quite simple. For example if we had a nice strong up trend on...

The Role of Trading Signals

For the purposes of this article, we're going to assume you already have a basic understanding of the Forex market and are looking for additional information to make your Forex trading as successful as possible. When to buy and sell, triggered by observing trading signals, can provide you with one of the keys to making successful Forex trades. And that's what we're going to examine today.What exactly...

What is Technical Analysis?

Simply put, technical analysis means that one studies price movement. You can use price charts in order to keep track of price movement history. By doing so, you can try to figure out which way prices will go, up or down, in future trends.Most online forex brokers give you many different tools that will help you figure out what it is that will assist you in technical analysis. Some of these include...

Forex - The Psychology of Trading

Psychology plays an important role in any trading program, and this is equally true for Forex trading. For instance, we all have our own level of risk before we panic. The key to successful Forex trading, however, requires that we develop the ability to distance ourselves from our emotions and instead solely rely on our knowledge and the Forex system we're using.Easier said than done.If you've ever...

Forex Indicator Definitions

Simple Moving Average (SMA) - The average price of a given time period, (5 minutes, 10 minutes, 1 day, etc.) where each of the chosen periods carries the same weight for the average. Example using the closing prices of the USD/JPY currency pair: Day 1 close = 124.00, Day 2 close = 126.00, Day 3 close = 124.00, Day 4 close = 126.00; The 4-day SMA is 125.00 (the average of the prior four...

Learn To Trade Forex Profitably In 1 Weekend Or Less!

We have all herd the forex buzz in the past few years, thousands of beginner currency traders come into the market every month with the sure opinion that they will master the market and make millions. We all know how that ends up.Forex Currency Trading For The Beginer does not have to be complicated at all in fact you will probably be shocked when I tell you what some traders I know are doing to make...

Profits from Forex

As a trading advisor in the markets for almost half a decade, I have come to realize a few things about taking the profits. The first thing is to find a low risk trading opportunity then make sure your risk is lower than your potential gain and executing the trade with discipline. In the beginning the best thing is to do this on a demo account or on a single contract basis.The good thing is that the...

Two Most Important Questions You Must Answer Before You Trade Forex

As a young graduate who was earning a good starting income many, many years back,I was attracted to trading stocks and shares as a traditional way of investing my hard earned money to try to create personal wealth. Since then, I often meet people who would tell me that right now, opportunities to make money from investing in the stocks and futures market, the forex and commodities markets are much...

Today, August 10 2007

INTRA-DAY EUR/USD OUTLOOK - 1.3680Although euro has retreated after meeting renewed selling at 1.3712/15, a breach of 1.3654 sup isneeded to confirm decline fm 1.3840 has resumed nextend marginal weakness to 1.3635/40 but loss ofnr term momentum shud limit downside to 1.3609.Wud be prudent to take profit on present fall nlook to sell again on subsequent recovery...Rate: 1.3680Strategy: Exit...

GBPUSD New Signal

If you are running a bad position and the market is still going against your trades, providing the open position details and we would be more than glad to help you out.Aug 09 Spot Trade:Currency: GBPUSDTrade Objective: Resilient-Trend FollowerChart: DailyTrade volatility: mediumTrade duration once triggered: min 02mn, max 07 days.Spread Consideration: Set the trade as it is below in its exact formLong...

Aug 08 Spot Trade:

*************************************** INTRA-DAY AUD/USD OUTLOOK - 0.8563Update Time: 08 Aug 2007 01:17 GMT Despite intra-day rise to 0.8578, lack of upsidefollow through n current retreat suggest consolida-tion wud be seen n weakness to 0.8540/45 cannot beruled out, however, y'day's 0.8514 low shud remainintact n yield further choppy trading....

GBP/USD Today

Pivot 2.0399R1 2.0446R2 2.0475R3 2.0522S1 2.0352S2 2.0323S3 2.0276Buy Stop 2.0445Sell stop 2.0...

Buy/Sell Signals for Ranging Markets

Why the Forex Market ChangedThrough the 1980s and 1990s, and even into the new century,...

US Dollar, Fed Rate Hike Expectations Hinge on FOMC Statement

AUG 7 FOMC Rate Decision (14:15 EST; 18:15 GMT) Expected: 5.25% Previous: 5.25% How Will The Markets React? There is little doubt that the Federal Open Market Committee will leave rates steady at 5.25 percent on Tuesday at 14:15 EST, as Federal Reserve Chairman Ben Bernanke told Congress in mid-July that the central...

USD Falls on Softer-than-expected US Data

• The dollar dropped against major currencies on Friday after reports showed slowdowns in payrolls growth and services industries. Today’s softer-than-expected US data led to declines in the US stock market and exacerbated the dollar’s sell-off.• Sterling had a weekly gain against the yen and dollar as carry trades resumed and on expectations the Bank of England will raise interest rates at least...

Forex Market Outlook on Minors/Crosses

*************************************** INTRA-DAY AUD/USD OUTLOOK - 0.8547Update Time: 05 Aug 2007 23:29 GMT Although aussie has rebounded after intra-dayfall to 0.8521, abv 0.8580/85 is needed to signalthe retreat fm 0.8604 has ended, otherwise, furtherchoppy consolidation is in store n marginal fall to0.8510/15 cannot be ruled out. Incline to...

Developing Your Forex Trading Style

Forex trading style comprises of a set of formalized rules, which directs the process of your trading. Without a pre-designed trading style, your trading is like a ship without a destination. A fully formulated forex trading style turns your trade into a profitable business. In general, forex trading styles are based on two main fields of studies: technical analysis and fundamental analysis. You must...

Power Lift Your Trading

Successful trading requires having a firm understanding of the risk and reward picture before taking a trade. It requires having a good idea as to the trend direction of the market within a time frame that is higher than the one used to trade from.For instance, if a trader usually takes trades that do not last more than one day, then it is likely that intraday charts are used in making trading decisions....

Forex Myths 10 That Cause 95% of Traders to Lose

I have been a trader for over 25 years and the myths below are common ones and if you make anyone you will lose your equity and join the 95% of traders who lose. Let’s look at these forex myths and why they will guarantee you lose.1. You Can Predict The MarketThis is a common myth and the bulk of novice traders think they have to predict where prices are going to succeed – wrong. In forex trading...

Become A Professional Forex Trader - Living The Dream In 3 Simple Steps

Everything about forex trading can be learned yet 95% of traders lose however if you follow the 3 simple tips enclosed you could enter the elite 5% who achieve currency trading success. Let's look at 3 tips for forex trading success.Forex trading is one of the few areas you can build wealth quickly and the opportunity is open to all - but to make your forex trading successful you need to have the...

Forex Day Trading - Want to Try It? Then Get Ready To Lose

One of the biggest myths in forex is that day traders make money longer term - they don't and if you don't believe me then consider these two facts:Fact 1 – No Valid Data to Work WithTrillions of dollars are traded daily by millions of different participants and to believe that you can work out where prices may go in a day is laughable.The data is to short in time span and support and resistance levels...

Forex - Currency Traders Marriage Survival Tips

Trading in the foreign exchange (FOREX) market can be a lonely experience for both you, the trader, as well as your spouse. As a currency trader, you can become so engrossed in your investment activities that you forget to take time for the basics of life such as marriage, family and everyday fun. Consequently, unnecessary tensions develop in the home. If your marriage is in danger of being rocked...

Forex Charts - Novice Trading Mistakes

Using Forex charts is like being a ships captain at sea: Your charts can help you navigate successfully to port or you can hit the rocks and drown - the choice is yours. It’s the same with forex charts 95% of users drown – Let’s look at common errors that novice traders make and how to avoid them.1. Predicting PriceNo one can predict price movement and if you do - you are simply hoping levels will...

Trading Forex - Outside The Dollar

Almost all newcomers to the currency trading start their journey with the so called “majors”. And not surprisingly so. These instruments are the most popular, most liquid, and most prominent. They are also all dollar based.What are the “majors”? While there is no formal definition for that term, “majors” are the USD denominated currency pairs. Virtually every time you enter a forex broker’s site,...