admin on February 4th, 2012
If you’re just getting into Forex, you probably have seen a lot of websites promising to teach you how to turn a thousand dollars into a million within a year. You’ve seen advertisements telling you that you can quit your full-time (or part-time) job elsewhere and trade for a living NOW. You’ve heard about the huge leverage which many Forex brokers allow you to use and think that leverage [...]
admin on January 31st, 2012
This is a guest blog post provided by http://www.sunbirdfx.com/: Technical analysis has been a popular form of analysis in traditional investing, but it can be used to help lock in profits in Forex trading. Technical analysis looks at past prices to try and predict the future. There are several methods traders can use, but they all use past price movements. Here, we will look at how to use technical [...]
admin on January 21st, 2012
If you’re going to trade Forex and you plan to do so successfully, then some kind of method or system is a must. Systems can vary quite a bit-yours may be mechanical, discretionary, or a combination of each. It may be based in fundamental analysis or technical analysis. Your Forex system will need to have entry and exit rules, though, and also incorporate other comprehensive strategies for success (money management, for example). [...]
admin on January 3rd, 2012
If you’re just getting into Forex, you’ll hear a lot of talk about “system” trading vs. “discretionary” trading. These Forex trading techniques are usually discussed as if they are completely distinct from one another, but in reality most trading methods rest somewhere in the middle. Which is better? That depends on you. “System” trading, or “mechanical” trading, means trading based off of a mechanical system [...]
admin on December 22nd, 2011
As any accurate brochure or legitimate broker will inform you, Forex is a risky business. You are taking a risk with every trade you place; it’s a calculated risk, and since nothing in life is certain, this isn’t an unreasonable way to make a living. You’ve probably heard people say that investors are gamblers. Many are—but a few aren’t, and it’s the few who aren’t who succeed. The difference [...]
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