GBP/USD in the last trading day relative increase is more far-fetched, the exchange rate only in the overall rise in the trend of a weaker U.S. dollar only began to rise, the exchange rate also failed to hit a new high, at present 1 hour charting perspective, the sterling exchange rate restricted by the 1.66 high line earlier repeated testing failed to break through this resistance, such as the afternoon break, then this result can not be transferred or will increase the risk of the current exchange rate there is a certain callback, but I think the overall weakness in the dollar’s conditions, the afternoon rise in sterling is still possible, the operation should be based as far as possible in order to wait and see, today is expected to pound the probability of higher short-term shocks.
 
Trade direction: Group-buying
 
Trading Strategy: You can refer to in the 1.654 to buy 1.65 stop loss, targets 1.665

USD/JPY in the previous trading day Africa and the United States with an overall trend of the re-emergence of a large departure from the monetary situation,the USD/JPY rose to the top of the line 90.8. But below the 90-day chart there is the more obvious first-line support level, the next in order to break the dollar fall further, short-term operation can rely on this place as a watershed, the current crosses still will control the movement of the yen is expected to today’s USD/JPY greater probability of falling again.
 
Trade direction: rallies for air
 
Trading Strategy: You can refer to selling 100 USD/JPY, 100.4 stop loss, target 90

The EUR/USD exchange rate in the previous trading day relative trend appeared some ascribed to fall trend, but overall the euro at 1.4800 above the line.Technically, at present, the euro broke through the 4-hour orbit 1.4700 downtrend channel line has re-turned up after the short-term trend, average group also showed long arrangement, the present support remains at 1.4800 below the line, relying on this bit operation can be used for The euro-based multi-strategy, is expected to rebound once again today, the euro rose a larger probability.
 
Trade direction: Group-buying
 
Strategy: You can refer to buy euros at 1.484, 1.48, stop loss, targets 1.495

• If you’re not going to take Forex trading seriously then don’t even start!
• Don’t use MACD for buy and sell signals as it is useless as a trigger.
• The majority of your time should be spent on the 15 minute chart only.
• Don’t overdo it. If you are new to Forex trading then only try and carve out 20 pips at one time. Once you have done that turn it off and do some more Forex study.
• Try not to dwell much at all on the 5 minute chart as it could only serve to distract you and confuse you
• Everyone has different pivot points because everyone uses different market markets.
• Keep an accurate and detailed log of all your good and bad trades. Analyze where you went wrong and what you could hav done better.
• Consider employing trailing stops where you keep moving your Forex profits up to protect your losses.
• Do all you can to protect your money by using 20-30 pip stops in your Forex trading. You will generally lose 3 out of 10 trades so it’s important to keep your losses to an absolute minimum.
• Your “gut feeling” can get you into a lot of financial trouble. Only react to bona fide indicators and ignore all others.keep your losses to an absolute minimum.
• End! Forex trading is not a game, it’s a business.

Remember you the essentials of Forex trading.Start your journey in Forex!

Article Source: http://www.EzineArticles.com

Not long ago the U.S. government announced that it will spend 1.15 trillion U.S. dollars to buy the bad assets of country’s financial institutions, enterprises. The U.S. dollar against the euro, yen and other major international currency exchange rate fell below, a big devaluation of U.S. dollars is coming.The USA started to print a lot of banknote, and the next phase the European Union, Japan and other economies’ banknote printing machines will also work.

National currencies are devalued, there is no doubt our people will be affected. We must keep the value of the assets, what measures can be teken, through what carrier, to deal with this round of depreciation of the dollar crisis?

Large family room can go across the sea to run the estate, the general public has no good method,  but they can still invest in gold, buy real estate, to avoid the depreciation which accused by too much banknote was printed. The current economic environment is harsh,the method which note-for-money to preserve the value does not apply to the current global serious economic crisis.Investing the products which has the value of long-term stability is the best way.

Now we should have a more substantial scale of investment in gold, rather than the past only as the supplementary of equity funds, financial products. U.S. gold reserves support the dollar’s status, the reserve accounts is more than half of the world, reaching more than 4.7 thousand tons.In order to retain dollar’s international status of clearing the strong currency,the U.S. would prefer to print much banknote, but also not want to sell gold for dollars to buy bad assets. With the U.S. inflation and the currency depreciation developed Western countries,the price of gold will be likely to increase quickly. Therefore, the U.S. dollar has depreciated, the euro, the yen has not been adjusted gap, investment in gold, is a better choice.

Many people have this idea: ” the more technical indicators, the more effective” , but I think is wrong because of my experience of forex market.

1, Survival is the first, development is the second.

 2, The daily operation is not more than 5 times.

 3. Only do one specie per day.

Second, to find some advice  which has guiding significance.

1, To establish the idea of there is a opportunity every day, be patient, waiting for it.

2, Set the idea of fighting a protracted war, to overcome the feelings of impatience.

3, Use the  stop-loss rationally.

Third, the adoption of a set of fixed profit strategy.

1, To find a average line that  you are most familiar as your guaid, grasp the direction.

2, Only has a direction of transaction, your do more when it is above the average line, below the  average line you only do nothing.

3, Find your most profitable period of day,and make full use of your own advantage in this period.

4, Summarize your daily  experience to improve your tactics.

Forex traders should believe that there is a tomorrow forever. Smart traders know there is always a tomorrow, they may  trade a few minutes,then left the market because they think that today’s market is too boring,and it is not suitable for trading, might as well wait for tomorrow, more suited to their market transactions.

In the forex market, you must have some desire to attack, you can not feel fear. If you are too weak, you will lose too many trading opportunities. However, the missed opportunities for some transactions is acceptable. We prefer to miss a chance,and not lose money. If you miss a trading opportunity,let it past. A few minutes later there is another trading opportunity.

Transactions did not follow the plan provided a clear signal of the approach and appearance, this is a matter worthy of fear. Traders are often subject to the temptation of some strange ideas, I would like to speculative money. For example, it was customary in the moving average line through the three 10 when the moving average approach, but the signal has not yet been issued, he has strong feeling that this signal is bound to issue, nor are they willing to wait for a few hours immediately entered. This is typical temptation.There are many reasons for being induced, such as transactions are not done for a long time, eager to earn money.

In order to eliminate this fear of losing the opportunity, first of all to remove all irrelevant considerations. Transaction is not profit if you want. The best solution is to approach and play the rules as clearly as possible to the list, and then focus on the rules of these transactions, exclude the other temptation. In the forex market, in order to be successful, you have to wait for the right time. If you feel something wrong, do not approach. Attitude must be very careful,waiting can make a profit.