Forex Trading – Top Tips to Consider
Forex trading is nothing but trading in currencies of different countries i.e., Exchange of one country currency for another country currency. Now, you might think who decides the rate at which the currencies can be exchanged? The answer is so simple; there are certain economic factors such as, the purchasing power of the currency in respective countries, inflation and many other geopolitical aspects that influence currency exchange rate. All these factors that are micro and macro in nature affect a country’s currency value and also exchange value.How to Use the Breakout Cycle to Make Profits
The breakout cycle trading strategy is one of the easiest ways to make profit in the Forex market. You should ad this strategy to your toolbox to increase your chances to profit.How To Manage Your Money In Any Market To Make Profit
Two years ago, I learned a hard lesson about money management. By trading in big blocks trying to speedup the process of doubling my account, I ended up loosing all of the money in that account. Ouch! This article shows you how to avoid some of the mistakes I’ve made and how to stay profitable.What Is The Right Indicator To Achieve Success?
Technical indicators are a great way to forecast the market direction. However, mathematical formulas are constant and can’t take into account human reaction to market news. In this article we discuss why you must take into account the market sentiment before entering a trade.Which Is the Best Trading Method for Your Trading?
Whether you are a beginner or a seasoned trader, if you are struggling with your trading, you should do rule-based trading to achieve profitability. By following a strict set of rules, rule-based trading takes all the guessing out of trading and will make you a better trader.Which Is the Best Market Cycle to Trade?
The Forex market is made up of three cycles. You must understand the different patterns and formation within these 3 cycles to be a successful trader. By aligning your trading strategy with the current trading cycle, your chances of a successful trade increase exponentially.These 5 Techniques Will Make You a Successful Trader
Learn about the top five techniques that successful traders use to identify where support and resistance lie. These techniques have been tested over time and are used by successful traders worldwide.These Easy 5 Steps Will Make You Higher Profits
These easy-to-follow 5 steps will make you consistent profits. Complex trading strategies are much harder to execute thus increasing your chances of failure. By simplifying your trading you will have higher success.How to Use Crossovers to Make You Profits
MACD and moving averages are great indicators to help you determine when to enter trades. The setups that follow are proven to generate reliable signals, thus helping you become more profitable. Future articles will combine these signals with momentum indicators to corroborate your entry/exit points thus enhancing your trading strategy.What Is The Best Currency Pair To Trade?
Choosing the wrong currency pair will lead you to losses. Short-term traders should consider the two points that follow when choosing a currency pair to create a higher number of profitable trades. The key is yours!Using the News Will Make You a Successful Trader
When trading the news, there are three questions that we need to ask ourselves before every trade: Is the news important? Is the surprise large enough? And is the surprise in line with the market’s sentiment? Not knowing the answers to these questions can lead to big losses.