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Articles tagged with: forex strategies

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[19 Nov 2009 | 5 Comments | 128 views]

Q:  I really doubt that it’s possible to gain even more than 15% per month on a constant basis…(I mean earning about 15% without braking the chain and lose lots of money…).
But I wonder can you use some “Forex strategy” such as:
Bet all your money and limit to 2 pips gain?
Play “midterm” and expect 20 pips gain if the trend is continously going in one direction already a month?
A:  It might be possible. Winning the lottery and getting killed by a meteor are possible too, but all three are extremely …

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[18 Nov 2009 | 2 Comments | 129 views]

Forex trading is not as difficult as it is exciting and rewarding. In order to be successful in this field you must begin by understanding certain principles that any forex trader should know. When you decide to go into business, no matter the field, you must get acquainted with the essential principles that separate successful people from those who fail and forex trading is no exception.
The first thing a beginner should know is that forex trading does not bring about a spectacular return on the initial capital in a couple …

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[18 Nov 2009 | 2 Comments | 120 views]

Q:  I’ve got a full-time job but I’m interested in trying out swing trading on the forex markets (just stick to the major pairs right row)… any recommendations on a relatively easy to learn and inexpensive swing trade system? I’ve got MT4 but I’d be willing to switch to a different platform if necessary. Thanks in advance.
A:  Don’t knock it, it’s a fine addition to a strategy (not a strategy in itself mind).
To work out the strongest/weakest, you can calculate it yourself by triangulating the currencies, or easier still, google …

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[18 Nov 2009 | 2 Comments | 112 views]

Q:  I am going to be 18 in 17 days and I have a practice forex trading account that my brothers set me up with FX Express a few months ago. I have discovered that by using 1:100 leverage and setting the recommended stop-losses are too low and I think its the worst way to go about trading forex for me. I even think that setting the recommended stop-losses is too low anyway.
What I have been doing however is to set my leverage to 1:25, and my stop-losses to the …

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[18 Nov 2009 | 2 Comments | 77 views]

Q:  I’m Looking For Simple Forex Trading Strategies That Can Consisently Make Me Some Profits.?
1. Do not use margin
2. Buy low
3. Sell high
1. Don’t use their 50 or 100 to 1 margin, because if your investment drops only 1 or 2%, you will lose it all. If you don’t use margin, that can’t happen.
2. Buy low to make more profit each time.
3. If you always sell at more than you paid, you will consistently make a gain, every time and without exception.
A:  There are no fixed strategies to trade in …

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[18 Nov 2009 | One Comment | 100 views]

Q:  Using the Fibonacci Retracement. I am learning to trade the Forex. Would be very much appreciated.
A:  Do you have a strategy? What rate of return are you expecting? (not hoping) Do you have at least 5 active web sites to do your strategy check. I liked the strategy of short term trading, vs day trading. Short term trading I would execute 1 trade every 5-8 trading days. I set up to make a profit of 8-15% every trade. I developed my strategy over years of trading then found out …

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[17 Nov 2009 | No Comment | 103 views]

Q:  A few days later while i was surfing the net i found a free forex trading strategy,the strategy is to set on 1hr chart 3EMA indicators one with a white color the others with red and blue colors.
in addition we set the MACD and stochastic indicators.
un fortunally i do not remember the indicators settings,so any one know this strategy or a reference to it,please inform me.
A:  Very high risky!

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[17 Nov 2009 | One Comment | 99 views]

My Top 3 Forex Trading book(s)
* ‘Forex Made Easy‘ – James D.
* ‘Forex Revolution‘ – Peter Rosenstreich
* ‘New Trading Dimensions‘ – Bill M Williams
Combine these with an online forex trading platform like Forex Tracer and you’re good to go. Start small, be realistic and have a monetary goal. Of course, a level of experience and mentoring is critical as well to your success.
Know that forex trading is risky but is also very profitable. Nothing ventured nothing gained. It’s easy to get started with a demo account that ‘simulates’ real world …