Technical Versus Fundamental Analysis – The Secret Behind Successful Forex Trading
If you want to be a successful forex trader then you need to be able to predict profitable trading opportunities. The secret is to make more profitable predictions than loss making predictions.
First 100 Live Trading Challenge – How To Make Your Very First 100 Live Trades?On your demo account, a trade might get executed as their is no slippage but on your live account, a trade that was possible on the demo account may never get executed. So, both the demo account and the live account behave in different manners, you need to know this. This is very important.
The Issues Of Weak Currency And InflationThere are different economic points of view when it comes to weak currency and inflation. Sometimes a weaker currency is a positive aspect. Sometimes it is a negative one. What matters most is how long a currency weakens for and its impact on world wide economic stability.
Why You Need To Master The Triad Trading Formula 2.0There are some obvious facts that need to be mentioned before we move on. The first fact is that if you aren’t in the market, then you aren’t making money in the market. But you’d be a fool to just drive right in head first without having the first clue of what you are doing.
Fib Graphic Tool – Knowing When Support And Resistance Are Exhibiting Fibonacci CharacteristicsSince these Fib lines are projected into the future, they sort of become a self fulfilling prophecy. But the phenomenon of Fibonacci behavior is real and should not be ignored in trading.
Understanding The True Meaning Of Weak Currency As Well As The InflationWhen you’re dealing with weak currency and inflation, it can be difficult to understand what it all means, especially because there are varying views on whether each is good or bad for the economy. The truth is that a weakened currency can be a good thing or it can be a bad thing, depending on how long the currency is down for.
Combining Market Momentum Keys With New RSI Trading ConceptsHow often have you entered a trade and wondered why it didn’t go in the direction you expected it to go? Maybe your trading system told you to go short but instead the trade went long. Sometimes as traders we wish we could peak around the curtain into the world of Forex and see what is really going on. Maybe we can?!
Forex Trading – What Do We Miss?When I started trading in forex, my first real trades were really lousy and I made lot’s of stupid (at that time it did not seem to me so) mistakes and decisions, which I regret now. Luckily enough, I did not blow my account in the first year, which was quite satisfactory, but I still struggled to make any kind of profit, not mentioning making it for a living.