What Are Good Times To Trade
The market moves most when there are two or more markets open around the world. The market moves most during the European and USA sessions. Most traders can trade during part or all of these two sessions. When you look at Forex Factory’s news calendar you will know which currencies may be effected by the [...]
January 9th, 2012What time frame do you trade and why?
I like to trade a larger time frame for example the Day, 4hr, or 1hr as the time frame to look for some sort of a trend. Then time my entry on the 30min, 15min or 5min. When I find a good trend on a day or 4hr the move will usually give me more [...]
January 6th, 2012Forex Trading Always Trade With A Stop Loss 7 of 7
A stop loss is trading insurance. You can set the amount of your account you are willing to lose on a trade by setting a stop loss. This does not mean you will lose but this much but it protect you in the event the market make some unexpected moves. Trading with a stop loss [...]
January 3rd, 2012Forex Trading Be Decisive, Over-Caution Will Cost You Money
One way to make it easier to be decisive it to trade in the direction of a major trend. When You find the larger trend then take most of the trades in a smaller time frame going in the same direction as the larger trend. You may have a small loss once in awhile but [...]
December 30th, 2011Forex Trading Choose A Good Broker
There are many good brokers. They all do things a little bit different. Choose a broker that feels good to you and gives you the support you need. If you don’t like the way a client service person talks to you ask for another person at that brokerage or change brokers. Summary: Do your home [...]
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