Forex Trading Strategy

The techniques used by a forex trader to determine whether to buy or sell a currency pair at any given time have a common name “Trading Strategy”. Forex trading strategies can be based on technical analysis, or fundamental, news-based events. The trader’s currency trading strategy is usually made up of trading signals that trigger buy or …

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How to Choose the Best Forex Broker for You

Everyday more than four trillion dollars is traded with foreign exchange market accounts like forex, making it the biggest financial market in the world. Since there is not a central marketplace in the forex market, most traders need to have a forex broker to conduct most trading activities. As the amount of forex brokers is …

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Here is why you should have a proper trading plan

Succeeding in the forex market means you need to have a trading plan in place. This is why a good forex education program is so important because usually it teaches you how to pick the best strategy which fits your needs and personality the best. There are a lot of platforms with free trials and non-expiring …

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5 tips to be more successful at Forex trading

Forex trading is a lucrative job that is highly satisfying, but it is also quite challenging. There are several things you can do to stay productive and find motivation as you engage in trading. Read on below and find out what you need to do to excel in Forex trading.   1. Exercise before starting …

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Forex Risk and Money Management Part 2.

In the Forex Risk and Money Management Part 1 you could read about the types of risks and now in the Part 2 you will learn how to manage the forex risk and variance properly. If you have not read the first part yet, I recommend to start with that, then continue with this article. Trading …

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Money Management in Forex Risks – Lesson 1

Why is Money Management important in forex? The right money management is simply the most important factor in becoming a successful trader. Either beginner or professional trader you are, you have to follow some rules to preserve your trading capital. And the most important is: if you have a prudent risk management, then it is …

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