Monday, 26 May 2014
WHY FOREX IS GOOD FOR YOU
THINK FOREX
I think you need to know why i have great passion for Forex. Forex is a profession you can practice without stress once you know what you are doing. Read my lips, i said when you know what you are doing. If you don't know what you are doing you will regret ever coming in contact with Forex. am not trying to scare you but honestly you must know what you are doing before you can succeed in Forex.
And once you know i,t it becomes very simple and passionate to do. Now this is what i tell people. Forex is not something you trade everyday. Let me tell you how i see it. Have you heard of the proverbs that says 'the end justifies the means'? Okay now we can move on. I see it as a some thing that should earn you money every month. Not everyday, not every week but every month like a salary earner . This is what i do. I trade weekly Time frame. and once i place my trade i only watch the movement once in a week. I don't bother whether the market is against me or not, although when am in profit i quickly lock anything from 1000 USD. anything less i don't bother my head.
And this is what i do every month. So if you think you can trade everyday and make money everyday you are deceiving yourself.
So the pattern i will be discussing anytime from now will be such that can earn you monthly wages.
So while i bid you goodby today. Let me advice you always think Forex.
Am quickly going to lock up one of my trades that just hit 1500 USD
See You At The Next Level
Love Byeeeee
Monday, 19 May 2014
WHY I LOVE TRADING TECHNICAL
As far as am concerned i feel the best way to win in Forex is to trade Technical pattern . Why? Well the reason i trade more of technical is because its more reliable than fundamental. Now if you are the type that trades support and resistance, you will discover that fundamental respects strong support and strong resistance so much.
Now if this is so to me it means technical pattern factors in every other pattern call it mechanical or fundamental . That is why Forex move in three ways :
1. Forex move in a consolidated form
2. Forex move in trend pattern.
3. And thirdly Forex move in a fundamental way {smile).
To succeed in Forex you must master any of these three. Although the most popular amongst them is to trade the trend pattern. But mind you must also learn to know when the trend ends .
Now in all of these you will see that i didn't mention trading with indicators. In my next posting am really going to write very much on how bet to trade each of these patterns i have mentioned.
See You Then.
Enjoy you trading pattern till i see you again
As far as am concerned i feel the best way to win in Forex is to trade Technical pattern . Why? Well the reason i trade more of technical is because its more reliable than fundamental. Now if you are the type that trades support and resistance, you will discover that fundamental respects strong support and strong resistance so much.
Now if this is so to me it means technical pattern factors in every other pattern call it mechanical or fundamental . That is why Forex move in three ways :
1. Forex move in a consolidated form
2. Forex move in trend pattern.
3. And thirdly Forex move in a fundamental way {smile).
To succeed in Forex you must master any of these three. Although the most popular amongst them is to trade the trend pattern. But mind you must also learn to know when the trend ends .
Now in all of these you will see that i didn't mention trading with indicators. In my next posting am really going to write very much on how bet to trade each of these patterns i have mentioned.
See You Then.
Enjoy you trading pattern till i see you again
Wednesday, 7 May 2014
Forex Impact
Forex has the power to make you rich .But not to get rich quick oh. All you need is ensure you go through proper lesson before you start trading, otherwise Forex can get you into trouble financially.
I will not only be writing about Forex i will be teaching you how to trade and showing you results. But please you have to be patient.
See you.
I will not only be writing about Forex i will be teaching you how to trade and showing you results. But please you have to be patient.
See you.
FX STORY
Welcome to this section. Before i come up with my next posting which could be in the next lesson. I want you to read this article written by one of the seasoned traders, it talks much about the history about Forex. I hope you know that there is no glory without story .
Enjoy yourself.
Enjoy yourself.
ezine articles
Forex profiting is everyone's main goal on the forex market today. There is so much profit to be earned from numerous and unlimited forex trading. Did you know that over 2 trillion dollars are traded daily on the forex market? It is hard to comprehend how much 2 trillion dollars is, but it happens every single day! Some people use book forex, forex online software trading, account forex managed, or just some good old forex genuine online trading to fill their needs and become an expert forex trader. Which path should you go down?
If I could go back in time and pretend I am new to the forex market, what forex strategy would I develop to become an expert forex trader? Well the first thing I would do is take advantage of all the free forex training tools on the internet. The best forex trading tool by far is the ability to create forex demo accounts and forex training accounts free of charge to get all the practice you need on the forex market before you start investing for real money. One of the worst things you could ever do in the forex market is jump into forex trading before really understanding the market and also before really understanding and having a proven forex system that works for you.
The objective of forex trading is simple. Buy foreign currency for cheap and sell for a much much higher price. Sometimes you will only get a marginal amount per forex trade, but sometimes you currency will rise depending on the forex trading market and explode. It will explode enough to where you could have the potential to make 6 figures or more per year. The possibilities are endless in the forex market because it is still one of the only investing markets where it is unregulated. There is absolutely no cap or limit on your earning potential. You can turn into a million in no time. It happens everyday to single consumers.
Before, the forex market was completely dominated by large financial institutions and multi-national corporations for decades. They ruled the forex land for years! Finally, the single consumer has smelled the coffee and jumped into this "cash cow" market. Forex online option trading even gives you the chance to trade foreign currency however you want. Take it from my experience and advice though, do not make the same mistakes that I made by dumping thousands of dollars into useless forex trading software and losing all my money because a "machine" was investing all my money based on common forex signals instead of really digging deep into the forex market.
You definitely don't need an expensive broker forex online, all you need is a simple forex ebook and that will take you a long way and earn you large amounts of money. Stay on top of the forex news, pay attention to forex signals, and use the free forex forum and chat room to your advantage. Take advantage of all the free tools the forex market has to offer!
John Callingham is a professional Forex trader. Using John's proven and award winning course. John specializes in exposing techniques to both beginner and advanced traders. To learn more about John's award winning course on profiting in trading Forex, visit ForexReviewInsider.com
Article Source: http://ezinearticles.com/?expert=John_Callingham
Monday, 5 May 2014
THE MECHANICS OF FOREX TRADING
Whenever am trading Forex i perceive it as something that is mechanically correct or mechanically faulty.
When the trade is going in your favour then it is mechanically correct but when the Forex market is going against you then it is mechanically wrong. And something mechanical has to be done about it to correct it.
Forex to me is like a vehicle that is being driven by a man, when he drives the car well, then he ends up driving safely. Then he arrives at his journey save and sound and he achieves his purpose. Cool isn't?
but lets assume he refuses to drive well , he may end up dead or becoming a casualty.
When you trade Forex the way it should be traded oh its very interesting, but if you think you can get rich quick trading Forex you might end up a casualty .
okay how do you swim in the ocean Forex without been consumed by the sharks? that is what am going to be talking about in the next write up.
See You Then.
When the trade is going in your favour then it is mechanically correct but when the Forex market is going against you then it is mechanically wrong. And something mechanical has to be done about it to correct it.
Forex to me is like a vehicle that is being driven by a man, when he drives the car well, then he ends up driving safely. Then he arrives at his journey save and sound and he achieves his purpose. Cool isn't?
but lets assume he refuses to drive well , he may end up dead or becoming a casualty.
When you trade Forex the way it should be traded oh its very interesting, but if you think you can get rich quick trading Forex you might end up a casualty .
okay how do you swim in the ocean Forex without been consumed by the sharks? that is what am going to be talking about in the next write up.
See You Then.
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