Beginner TraderTend to follow the crowd / mass (crowd follower)Following what others are doingConvenient if the decision together with the crowd Avoiding the risk unless other people also tookThought if anyone else "buy" it is safe also to "buy"Acting on advice from others who are...
Forex autopilot
“Forex autopilot” is truly a term most widely known and utilized by expert currency traders. It describes an algorithmic formula created to create exchanging decisions inside the currency markets, with no need of human interaction. Scalping methods generally are meant to remove human...
Trend is Your Friend
Follow where the market trend is moving. When the market trend is bullish, do the action to buy (Long). Conversely, if the market is bearish, do the sell (Short). Once again! Do not fight the market trend! against the trend was like people who are swimming against the tide ... energy...
Trader Must Understand The Time Frame (TF)
Time frame is useful to see the price trend is going.There are several TFs that you can use. Small TF will follow the TF is greater.Suppose you will buy and close buy today you must consider the daily TF, TF hours, and TF 5 minutes. For example, daily TF shows trending up, while...
Trend, Momentum and Timing
Your goal in Forex trading is to make money.Find out whether it is more important to know the forex technical analysis or fundamental analysis from a full time trader himself. When doing technical analysis on forex. There are 3 factors that need to be properly recognise and use....
Forex Market Hours
The forex in a simple way is a market for forex trading. The trading of currencies takes place within the Five days in a week, and will go on virtually the whole day. Forex Market Hours in Europe, the best Forex Marketing Hours will be around 2am and 12pm EST. his is the most fluid...
How To Create Your Own Forex System
In Forex world sooner or later you’ll come to the strategy point, you can’t trade without a forex system, finding system that will work is not problem, a quick search in Google will send you to a hundreds of sites that selling Forex strategies.Some people may have the advantage in...
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