Top Down Trading
This one concept alone can turn your trading career around. It is easy to see but can prove to be hard to do. This is always to trade in the direction of the trend on the 4-hour chart. Try a demo trade the next time you open your trading platform. Look at the trend on [...]
February 28th, 2008News Announcements
In the Forex market, which is more important-to know what the news is, or when it is going to take place? There are many important news announcements each month. It is important to know what the topic of the news is and when the announcement is going to be made but by the time we [...]
February 26th, 2008Results of Studying The Market
We would all be happy to make some quick cash, but we are even happier when we find that we know how to keep it. The way most successful traders have gained their money is through many hours of experience over long periods of time. They also are students of the markets they trade in. [...]
February 25th, 2008Follow The Crowd Or Make Money
I would guess that most of us from time to time have followed the crowd, listened to a news program opinion, took a hot tip, followed the advice of a so-called expert, and soon learned that we were going in the wrong direction. It is also true that we, on occasion, have gone against the [...]
February 22nd, 2008Market Analysis-Where To Start First
I hope you all enjoy this valuable tip and have a great weekend. Happy Friday! When doing market analysis, be sure to determine the general trend of the market first. To do this I use the 4 hour chart. I heard early in my trading career to always trade in the direction of the trend [...]
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