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Becoming A Successful Trader – Learn Forex Trading

Becoming A Successful Trader – Learn Forex Trading

Becoming A Successful Trader – Learn Forex Trading   To become the master of any field you need to get a good knowledge and experience of that field. Similarly, to become a successful Forex trader you need to learn Forex trading well and apply the learning in the real time scenario. Trading is not just a process of selling or buying ... Read More »

Forex chart basics- time frames-trends-forex facts

Forex chart basics- time frames-trends-forex facts

Chart TIME FRAMES: Chart timeframes range between , 1 minute 1 hour , 1 day to 1 week. Larger time frames, tend to provide more reliable price signals. This means that a trend formation on weekly or daily chart has more weight than that of a 1 hour or 4 hour. A trading pattern on an hourly chart will have ... Read More »

Basic forex trading rules to make profits

Basic forex trading rules to make profits

The following section contains a number of basic trading rules. These are critical if you want to make profits. 1. Be prepared to lose some trades. There’s no escaping it, some trades may lose you money! You are betting and as it is with horses, dogs, football teams and stocks, Forex pair trading will result in some bets which may ... Read More »

Forex Education-Fibonacci Expansion

Forex Education-Fibonacci Expansion

Fibonacci expansions levels      Fibonacci expansions are retracement levels beyond the usual 100%. If you are in a buy trade and price exceeds 100%, the expansion levels can be used to find a target. Supposing you have two waves that are in an uptrend, if you apply the Fibonacci retracement on wave 1, it can’t be used in identifying where wave 3 ... Read More »

Fundamental Analysis for Forex beginners

Fundamental Analysis for Forex beginners

Fundamental Analysis for Forex beginners   Every time you hear someone talking about analyzing the Forex market they usually tout Technical and Fundamental Analysis. They talk about the need to use both in your analysis and then do very little to tell you how to do this. And while most traders are familiar with Technical Analysis it is hard to pin ... Read More »

The good trader is the trader who can manage those losses

The good trader is the trader who can manage those losses

I want you to write this down so you can see it every single day! It should be your mantra. Memorize it! “A good trader isn’t the trader who doesn’t lose, a good trader is the trader who can successfully manage those losses”. I was talking to a fellow trader this evening, and we talked a lot about the emotional, ... Read More »

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