The Hidden Techniques of Forex

August 29, 2009

Forex is a big market to participate in and surprisingly only the top 5% are making money. That means the remaining 95% of traders are either breaking even or losing money. The small minority at the top in this business have their own hidden techniques and strategies that they use to profit. I hope to give you a glimpse into what they do.

The expert trader also knows when it is appropriate to drop the training wheels, which happen to be the demo platforms. I’m not saying demos are bad because they are excellent tools for people relatively new, but there is a point where they can no longer help you and can be detrimental to your success. You have to learn to recognize this point and stop using it.

 

Forex Calculator - How Much Money Can You Make in Forex?

August 29, 2009

Continue reading...
 

Byuing and Selling Currencies

August 29, 2009

Continue reading...
 

Top 10 Forex Trading Tricks: You Won’t Lose

August 29, 2009

The foreign exchange market or forex is the largest and most liquid markets in the world. Its growing popularity can be seen by the whooping $2 trillion trades a day. While the forex can be an extremely lucrative market, it can also be somewhat complicated. These ten tricks will help insure trading success in the foreign exchange market.

First, make sure you implement ...


Continue reading...
 

Psychology of the Trader

August 28, 2009

What should the psychology of the trader be?

Before placing trades, traders must sufficiently analyze the position they are about to take. However, many do not thoroughly plan out their actions, and instead make trades based on guesses and hunches. This psychological viewpoint can result in traders losing a

lot of money very fast. How can this be avoided? Through careful planning and analyses, including where to place stop and limit orders, a trader can keep losses to a minimum while allowing...


Continue reading...
 

Risk Management

August 28, 2009

There are three basic questions that every trader should answer BEFORE entering a trade.

How much do I believe the market will move and where do I want to take my profit?
Limit Orders allow traders to exit the market at profit targets. If you are short (sold) the system will only allow you to place a Limit Order below the current market price because this is the profit zone. Similarly, if you are long (bought) the system will only allow you to place a limit order above the current market p...


Continue reading...
 

Support and Resistance

August 28, 2009

Support and Resistance

At the core of all technical analysis th...


Continue reading...
 

Technical Analysis

August 28, 2009

What is so great about technical analysis?

Once a trader masters t...


Continue reading...
 

Currency Pair Relations

August 28, 2009

EUR/USD

When the dollar weakens...


Continue reading...
 

Fundamental Analysis

August 28, 2009

What influences prices in the forex market?

Prices in the currencies market are affected by macroeconomic factors, such as inflation, unemployment, and industrial production. Information on events such as these is easy to find and are based on their analysis of economic data, which traders take positions on the market to make profit.

There are three main macroeconomic factors a trader should focus on when analyzing foreign exchange rates:

Interest Rates: Each currency has an overnight len...


Continue reading...
 

Blog Archive

Make a Free Website with Yola.