Forex trading strategies, systems, tools, tips and tricks
“High probability trades” is a loosely used trading terminology that refers to trades with high degree of success. By ‘high degree of success’ we mean there is a high probability that the price will move in favor of your trading position and go in the direction you want it to go. As every experienced forex […]
What Are High Probability Trades and How to Spot Them? Read More »
Without a doubt, those who are just beginning to appreciate the moneymaking potential of currency trading would not be aware of the significance of a forex trading plan. After all, the usual “buy high, sell low” approach seems to be more than enough to ensure a continuous flow of income. However, there are instances in
Forex Trading Plan: A Necessity When Trading Money Read More »
It cannot be denied that the most successful currency traders have their very own forex trading plan. Indeed, such a seemingly-unimportant document is the key to success. As to be expected though, individuals who are just beginning to learn about the various aspects of forex trading would still be incapable of making a top-notch plan.
Forex Trading Plan: Essential Pointers to Follow in Making One Read More »
Foreign exchange trading is all about trading and investing currencies. Forex traders derive their profits from the very small changes or difference that result from the interaction of market forces. Given that the nature of these market forces and value of currencies are bound to change and the odds are not always in your favor,
Forex Money Management: An Introduction to Basic Styles Read More »
If you find trading trend-based strategies too risky, why not consider range-based forex trading strategies? Trading range means that you are buying or selling a currency that is moving within a specific price range for a specific period of time, and then making profits from the price oscillations. To illustrate how you can make money
Why You Should Consider Range-Based Forex Trading Strategies Read More »
Following trends is one of the most effective ways of creating winning forex trading strategies. Trends reveal the direction of prices in the market over a given period of time and can move upward, downward or sideways. Trades can also take place in different time frames, from long-term to short-term, and there can even be
Using Trend-Based Forex Trading Strategies to Make Money in the Currency Markets Read More »
Indicator Forex Trading Strategies are the trading strategies that are anchored to the indicators that can be found in any standard Forex chart. These charts can be accessed by any trader who is constantly online and has access to charting data software. One of the most popular charting software is the MetaTrader platform. However, this
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How do you choose the best forex trading strategies? Obviously, the answer to that is there is no one strategy that is good for all traders and the best strategy is the one that most comfortably fits your particular trading personality. There are generally two types of forex traders – those who pursue short-term profits
How Your Trading Style Helps You Choose the Best Forex Trading Strategies Read More »
Another approach to creating forex trading strategies is using technical analysis. Technical analysis is based on the principle of recurring patterns, meaning that what happened in the past can help you predict in which direction prices will move in the future. Since trading in the currency markets happens on a 24-hour basis, there is a
How to Create Forex Trading Strategies Using Technical Analysis Read More »
Forex trading strategies based on fundamental analysis are some of the most effective ones used by currency traders to profit in the markets. This is because exchange rates of a particular currency are influenced by the economic and political developments in the country in which it is issued and used, and this allows traders a
How to Create Forex Trading Strategies Based on Fundamental Analysis Read More »
