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Whether you consistently make profits or whether you fail and lose everything with Forex trading, in either scenario it all comes down to your psychology as a trader. The strategies, the discipline, and the attitude that you bring to the fore with your Forex trades determines your ultimate profits or losses, in the long run.

Choosing a great forex trading platform can be a very difficult process especially for a beginner. One must know what makes a good trading system and that is why it important to distinguish good systems from the rest of the pile.

Are there any foolproof methods for long term Forex trading? Well… there are, but they only work for people who are not fools!

I will introduce 2 strategies that can be applied in order to create a consistent income by trading weekly options. With good money management and careful trade selection, consistent profits can be obtained.

As the industry continues to grow, more and more people with little or no investment experience are seeing the advertisements and asking the question “What exactly IS Forex?” The following is intended to be a short primer on the Forex markets.

You may have heard about the foreign exchange market (Forex, a contraction of the words Foreign and Exchange) and the investment advantages it offers. Want to try it, but not sure where to start? This guide will give you the basics of Forex trading and explain to you why it can be advantageous to participate in this rapidly growing financial market.

While the western hemisphere is eating dinner and getting for a good night’s rest, there is the eastern hemisphere’s Asia Pacific session in Forex busily engaging in the market. The three biggest markets in Forex trading consist of the Asia Pacific session, the European session, and the North American session. The Asia Pacific trading market opens up at 7pm EST. One of the most intriguing qualities of the Forex market is the fact that it literally never sleeps from Monday until Sunday. While one session is closed, there is another session open somewhere in the world.

How and why only a few technical indicators are important for a good trading strategy, and how different time frames play a key role in a successful forex trading strategy. Many traders to this day don’t seem to grasp the concept that to be successful, you must trade simple setups and nothing more – to begin with, the fewer the indicators that you use to confirm your setup, the better, and these must be reliable and time tested indicators, as there are just too many to choose from.