Scalping is a trading strategy that can be used in almost all market whether you trade stocks, forex or futures. Scalping is indeed a highly popular strategy among the traders as it does not depend on the trend in the market. You don't need to do much market analysis or use any indicator.Scalping is especially popular among the currency traders. As a forex scalper, your aim is always to look for a few pips like 3-12 per trade. Now, each trade has...more
Simple rules for placing orders at Forex Trading If you have just started your Forex trading training, you're one of the many who were initially challenged with perceived complexities in placing orders. Don't worry because all those who are new and currently practicing in a demo account experience the slight difficulty on those price stops and limits. The mere fact you are now on your Forex trading training should keep you on the...more
Bill Poulos Forex Trading Courses - Pros and Cons Bill Poulos is one of the leading Forex educators in the world today. He has various courses which teach all sorts of trading methods, systems, and techniques on how to earn more on the currency trading market. Thousands of students from around the world have taken one or more of his courses and there are numerous positive testimonials about them.His Forex courses include:Forex Nitty Gritty - which is mostly for beginner traders and does a great job getting newbies into the market in the right way.Forex Income Engine - A high level course for day traders.Forex Profit Accelerator - An advanced course for end of the day traders.As you can see, there is a great variety in these courses and you can certainly find a course that suits your trading style and current level of experience.However, even though Bill Poulos is a trading veteran with over 32 years of active experience, and even though his knowledge of the market and of how trading should be done to achieve a long term success, his courses are not without their cons. Since you may be considering signing up for one of his courses, I think it's good that you know about the...more
Choosing an ecn forex broker is the best way you can start your forex trading career Ecn forex is an essential concept which needs to be addressed more often because it can make the difference between winning or losing in forex.ECN means Electronic Communications Network.Basically with an ecn forex broker you have direct access to a very...more
The Foreign exchange market, also known as forex, is one of the most profitable financial trading markets in the world. Forex trading is carried out between the world's leading financial centers at a breathtaking pace. In this market, a multitude of selling and buying transactions take place twenty-four hours a day throughout the business week.It...more
The factors you have to consider before choosing your forex brokers It is important to be aware that there are many essential concepts to understand before going live. Any move to trade foreign exchange without grasping the essential concepts is definitely very risky.Therefore, in this article we shall examine some key features which usually the best forex brokers have.The purpose here is to give you knowledge so that you can make your own list of forex brokers and choose the one which you think is best.In making your list you will have to carefully examine some factors which are forex margin,forex leverage,ecn forex and the forex spread. For example you will have to look at the forex margin and leverage which forex brokers allow. Lets say that you want the margin-based leverage to be around 50:1 so that you can reasonably multiply your trading capital while not taking too much risks.On 18th October 2010 the new rule of the CFTC has become effective. This means that forex brokers will now offer a maximum leverage of 50:1 for major currency pairs.This rule has been previously subject to much debate and many forex reviews sites still recommend not to open a forex trading...more
Everything You Should Know About Easy Forex Trading In the foreign centre, the currency is different as a currency that is current in a particular country for buying and selling of products and services cannot be used to buy or sell at a...more
In the event you crave to get lifestyle career that is lucrative AND compliant in that case hunt no more than trading within The Forex market where you can start trading commencing Mon morning, Sydney, Australia time period, all the way through until...more
There are lot of business in the world from which one can make his good fortune. Currency trading is one of these businesses. You can earn a good income from this business. You need to be much conscious in the business and should know the basic...more
To control the market, forex traders need to have a very good knowledge of the forex charts. There are few tools available in the forex trading market which can help you track these charts. The success rate of forex traders depends heavily on...more
Forex traders trade on real time basis as well. A Realtime forex trading is done on the live rates of exchange of the foreign currencies. The order to purchase or sell is placed on the live exchange rate. It is trading electronically by anticipating...more
Where To Find The Best Forex Expert Advisor? This allows you to trade in forex even if you are not well versed with the procedure or are a novice to the trade. Such tools are available a plenty and can also be downloaded from the net. It is...more