Forex Tips – Buy The Dips And Sell The Rally

I bet you have heard of the statement “The Trend Is Your Friend”. From this statement alone, you should understand the importance of trading in the direction of the trend. However, not many people really know how to trade in the direction of the trend. Therefore I decided to write this [...]

How To Trade Market That Is Moving Sideway

There are 3 ways the currency market can move namely UP, DOWN and SIDEWAY. If the price is moving in a particular trend, it will be easy to trade as going with the trend is one of the most profitable ways to make money. However when the market moves into sideway movement, it can be [...]

A Lucky Trader Vs A Discipline Trader

I decided to write this post after receiving an email from one of my blog reader saying he has decided to give up on trading and has closed down his trading account.
In his email, he says that he always has this problem of keeping his profit. He will have a few days of profit where [...]

The “Revenge” Trading Method

The revenge trading method is one of the easiest trading strategies all traders will definitely know and it has a very high losing accuracy. You did not see wrongly! It is really losing accuracy and not winning accuracy.
Have you ever entered a few lots after you get stopped out by the market hoping to take [...]

How To Draw Proper Trend Line

Drawing trend line is sometime that is very subjective for most traders. From those trading books that are in the market, trend line is drawn by joining 2 or more swing lows or 2 or more swing highs. However the problem lies with there are a lot of swing highs and lows in most chart [...]

Ways To Make Money Trading Currency

There are a number of different ways you can make money trading currency. Forex trading can be done from manual trading to fully automated trading depending on your own preference and convenience. As some of you may not have any idea about how you can fully automate your trading, I am going to share with [...]

Forex Tips You Must Bear In Mind

I have been receiving emails from the readers of my newsletter asking me for forex tips that can help them to become more successful in their trading. Therefore I decided to write a blog post on the some of the forex tips you must bear in mind to become successful in trading.
Here are some of [...]

Forex Trading Plan Setup Tips

If you are scratching your head wandering how to setup your own forex trading plan but you understand the importance of it from forex books that you have read or forex courses that you have attended.
I am going to show you the steps to getting it done as I am also very confuse when it [...]

Is Forex Trading Journal a Must Have?

If you are new to trading, you definitely need to know what forex journal is and how important it is to your trading.
So what exactly is a forex journal?
It serves as a diary for your trading career, it is where you write down things like what you see, why you enter a trade, when you [...]

Forex Technical Analysis – A Guide to Successful Trading

Are you a first timer forex trader? If you are new in the trading business and you want to earn profitably just like successful traders do, then here is a useful guide to successful trading that will show you how you can benefit from forex technical analysis.

Forex Information: New NFA Rule 2-43(b)

The National Futures Association new rule 2-43(b) of “First In First Out” will take effect after July 31st, 2009. If you are a forex trader and have long term position in your account. You got to pay attention.
What is this “FIFO” rule all about
With this FIFO rule, it simply means that you have to close [...]

Forex Money Management For Traders

To be a successful forex trader, it is important for you to understand forex money management to better optimize your profit. I have some friends who are quite successful in forex trading with winning percentage of only 50%. This means that they make 5 losses and 5 wins for every 10 trades they get into, [...]

Forex Strategies – When Is The Best Time To Enter A Trade

If you do not have any forex strategies on when to enter a trade, you are not going to be very successful in this field. This is because your position will always be stopped out due to your late entry to a trade even though you are on the right direction. Therefore having some forex [...]

Important Forex Trading Hours To Look Out For

Have you ever thought what the best Forex Trading Hours are? Keep in mind that the secret of having great investment success happens not at the bewitching hour but at the best hour? Well, there is no exact hour to begin with.
You see, in Forex Trading, Hours apart-countries converge in the middle of the international [...]

Forex Signals – How To Know Whether The Forex Signals Are Reliable

There are a lot of subscribers of my newsletter asking me for forex trading signals recommendation and whether those they received are reliable or not. Therefore I am writing this post to address this question for all of you out there to know.
First of all, should anyone of us trade those forex signals that we [...]

Forex Trading Tips – The correct Way of Reading Forex Chart

The forex trading chart works like a map for a forex trader. It is almost impossible for anyone to trade forex without seeing a chart.
However, there are a lot of traders out there who do not know the correct way to read a forex chart. A forex trading chart is made up of several time [...]

10 Forex Trading Course Selection Guidelines

If you do a search online on forex trading course, you can find numerous forex courses that claim to be able to turn you into a successful trader within a short period of time. However, there are some of them who are charging high fee teaching simple techniques that you can even get from forex [...]

How To Trade Currency Like A Pro

It is possible for anyone to make a living with forex trading but it is important for all forex traders to be well educated in this area of forex trading. I often met friends who asked me how to trade currency for a living and my answer to them is to get proper training from [...]

4 Currency Trading Basics Tips For The New Traders

Trading currency is one of the most lucrative business today and the best is you are able to make money from anywhere around the world and at anytime as long as you have access to the internet. Currency trading is an electronic marketplace where traders buy and sell currency pair and make money when the [...]