Saturday 20 August 2011

How To Forex Trading

Forex trading is not easy, all traders before entering this business, they think they will be rich very quickly and US$ 25 000 in a week or two, but when they start discovering that currency trading is not true, is not easy to make money, especially when working with money. Very difficult, many of us think that there is a conspiracy planned by "large", they know what they want to speak up and do the opposite of the steel of our money. we often think that doing the opposite of our decision, if I see that the market goes up then I will sell and start looking for someone to help us do at least 150 or 250 pips per month, no doubt many of us are working with the consultants signals that simply took our money and probably will not help us make decent profits.


Many of us think to stop selling a lot of Forex trading to leave us, but I think most of us do not close easily, as we see it as a golden opportunity to have our own business and do our luck! Foreign currency is an opportunity to make a fortune, and at the same time, it's an opportunity to solve our money, we can make a fortune if we knew how to manage the Forex, if we do not know how to manage Forex it will destroy us , so we must be stronger than that and if we do not know how to control it with our own hands, he will destroy us. So how I can be stronger than this beast? It is simply by learning, observation and practice. Foreign exchange market is not going anywhere, it will be a pioneer, and right forever, so learn from experienced traders how they got the cards good observation, and seek common reason to seek the leadership change in price, and when you discover the cause that affect a currency you want in your hand, the first tool that gives you control. And every new thing you find to try on a demo account, see if it is valid and develop.

This article Forex will help you find your way, this article does not give me Forex fish, but teach you fishing. There is no conspiracy theory in this area, no large or small guys, we lose because we do not know, and the first thing we must do to become great traders admit that we do not know, and we must always learn.In this article I will give some clues Forex and I will let you learn, observe and practice.

First of all, you know you need to use fundamental and technical analysis in context, both complete each other, so do not rely on one and leave the other. Basically, one of the reasons that influence the market, so if you are in a long trade and suddenly currency trading has declined, so to see if a report was released and see what his prognosis was and what data published and to compare these data to your chart and you'll have your first tool for managing your business.

Secondly, I think that all technical indicators did not help me at all, I tried all combinations of any work, and describe the state of the market, but do not give you information about the next direction. I read the article about the guy who describes his Forex Forex Trading Forex Strategy article, I was completely lost, you are using a combination of 12 indicators EMA340, SEMA890, EMA2900 etc: and he set the Fibonacci sequence. I was completely lost. Although its strategy of value of 95% of the success I do not use, because I can not control the market, using simple techniques. So there is no need to look for indicators, only an indicator that I use Bollinger Bands, which is the perfect weapon in my fight against foreign trade. So I want you to look at the Bollinger Bands, and see how it will affect the currency, to focus and read this article you'll see a lot about forex and a lot of things, and you have your second instrument.

Third, it assumes that you are in a long trade and suddenly, without reason, Forex trading prices declined, there are no published reports that just killed, it's weird. But strange things are those we do not understand, but if you look at your chart and come back hours or days, and drop a line break from points swing higher, you will see that the price will come down because it reached the fracture line you see there is no mystery. So this new line will be your opponent, and if the price breaks, it will continue to rise, but go where and for how long? Look closely and you'll learn what I did. And no need for candles midnight or afternoon, be simple, as you can, that animals are not as violent as you think. So escape is your third-party tool.

Fourth, the rate at which to use, it's up to you to choose the appropriate time, H1, H4, D1, I do not know, compare the charts and you will see an appropriate timescale. The program is important, and when you find your instrument quarter and that's it, I repeat, observe and focus on the cards and think of these suggestions in this article on Forex, the more you think you see more, read Forex articles, learn strategies and get books foreign exchange market.I make good profit for my strategy Forex trading because the program gave my system data and let it do its work. This eliminates the fear factor and gave me more time to go out and have fun.

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