Forex Trading and How to Make Insane Profits by Trading the News
I wrote an article the other day on trading the news in the forex, and I got so many responses from it that I figured I had better go into a little more detail. As a quick review, let me mention that trading the news releases in the foreign exchange can be very, very profitable. It is not unusual for the markets to move hundreds of pips in just a few minutes after a major news release.Bollinger Bands and How to Use Them to Predict Market Movement
To properly trade the forex market, you need to have a pretty good idea of where the market is going next. Now there are all kinds of ways to help you determine what the market will do next, but one of my favorite indicators is Bollinger Bands.Forex For Beginners – How to Use Oscillators to Tell You When the Market Will Turn
Oscillators are very, very powerful indicators. They are so powerful that almost every trader uses them including the major banks and professional traders. We get the terms ‘overbought’ and ‘oversold’ from oscillating indicators, and these terms are very important to be a profitable forex trader.Forex Trading Questions – What Timeframe Should I Trade?
A lot of beginning traders ask me what timeframe they should trade. What they mean by this is should they trade using the 5-minute charts, 15-minute charts, 1 hour, 1 day, and so on and so forth. There is not an answer to this question that will work for everyone, so let me give you some things to think about so that you can make the best decision for you.There is “One” Thing That is Important When You Enter a Forex Trade
It doesn’t matter if you are a trader looking to make 10 pips, 25 pips, 100 pips or more, momentum is the key element to success. Regardless of whether you use indicators to trade or price action, whether you use Fibonacci, Elliot Wave or moving averages. Momentum must be there at the time of trade. This article discusses three different areas of momentum.Forex Trading For Investors
The goal of investors in forex trading is to make profit from foreign currency movements. This trading is always done in currency pairs. In the forex trading, the investors have three ways to trade foreign currencies.Best Online Forex Courses
You may be asking yourself what are the best online forex courses? Read on and I will give you a clear understanding of what the best courses are and why. Now with the Internet available, learning to trade forex doesn’t have to be so difficult.Three Forex Characteristics to Making a Profitable Trade
How often have you sat in front of you Forex trading chart and wondered how to decide on the next move the market was going to make? There are many systems that claim they can give you the answer but are they based on sound judgment? This article will help the Forex trader struggling with this issue.