Anyone who has flicked through the financial channels on their cable TV box without really stopping to listen to what is being said will probably be occasionally confused by references to -bulls- and -bears-. These terms are common parlance in trading situations, and can be heard or read in any market analysis if you stay […]
The Perils of Over-Reacting
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Trading on the Forex market is something that can be quite thrilling, such is the potential for making real money. For many people, the thing that attracts them about the Forex market is exactly the same thing that can turn them off it – that is to say the high stakes which exist. Successful trading […]
How does technical analysis work?
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Technical analysis of currency movements is now, more than ever, part of the Forex market. As time has passed, different ways of collecting and displaying data have arisen. These differing ways can be taken in isolation to either create or back up a strategy, or can be combined in order to read how the market […]
Indicators For Forex Trading
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Some people find Forex trading very difficult. The reason behind this is because they did not spend adequate time in studying the market trends and they did not conduct thorough technical analysis. Forex charts are very important and you need to know how these charts are developed. As you probably know by now, the Forex […]
Key Benefits of Online Forex Trading
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In the past, online forex trading was limited to only big financial institutions and banks who were the only ones benefiting out of it. But, now due to the availability of the Internet, brokers, individuals, brokerage firms and governments agencies, we can have an access to online forex trading with ease. Internet technology has enabled […]
Make Profit By Applying A Forex Trading Strategy
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Successful trading is not an easy job and in a market like foreign exchange one miscalculation can lead to huge amount of losses. But then there are traders and speculators who make a fortune and profits in the same forex market. So what is it that they are doing different? They have a forex trading […]
Picking the right Forex broker for you
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Playing the Forex market is something which more and more people are doing today, yet for those of us who have not yet begun our adventure in the Forex world, it can be a somewhat cloudy topic. Beginning to invest in the foreign exchange market is not something that just happens. That is to say […]
Things to keep in mind for Forex traders
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There is plenty of risk involved in trading on just about any market. Hostile conditions can leave you high and dry if you do not have the knowledge required to get out of a risky position at the right time. On the other hand, over-reaction to a temporary situation can put you in an equally […]
Learn the lessons of history – good and bad
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The world in which we live is constantly changing. Physically, morally, financially, things which we held to be true ten years ago have in many instances ceased to be the case. However, this does not mean that we cannot learn from the past. After all, a wise man once said these words, or something close: […]
How to choose smart Stop Loss in Forex Trading
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Here is step by step guide: 1. If price is close to recent high or low then place SL 5-10 pips above or below that point. This is very important. Prices do go back to test recent highs and lows and we need to set SL as per the recent price action. Trading on daily […]
