admin on May 5th, 2012
Many traders are drawn to the foreign exchange market when they see promises of massive returns. Have you seen advertisements for systems which can double your account in a week? Or give you returns of 1000 percent? The people who promote these systems say that they work because with Forex you’re allowed to trade using leverage — meaning you can control substantially more money than [...]
admin on April 15th, 2012
If you’re part of a Forex community, you’ll probably be sharing a lot of your charts with your fellow traders and also learning from charts posted by others. There are few more direct means of explaining problems or offering solutions than to simply post a chart which shows exactly what you’re talking about. It’s much more efficient than trying to explain in words, and it allows other traders [...]
admin on April 8th, 2012
How you can modify and set up your Forex charts will depend in part on the software which you use, but in general there are certain features which you can adapt to your preferences. There are some basics you can take care of right off the bat so that the chart is easy for you to read and understand. The rest of the customizations you make will probably be system-based [...]
admin on March 26th, 2012
How many times have you seen Forex traders (new and old) on forums on the internet searching for the “Holy Grail” of Forex—the one tried and true strategy, system or automated trading program which will bring them success time and again—and never fail? And how many times do you see other traders contesting that there is no Forex Holy Grail, and that these traders are just kidding themselves? Well, [...]
admin on March 8th, 2012
When you’re putting together your Forex trading plan, you’ll need to plan a time to watch the market, a time to place your trades, rules for placing those trades and exiting them—and also set some time aside each day or week to analyze your trades. It’s good to analyze your trades after you make them, but it’s also a good idea to set aside some time to routinely review your [...]
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