When the discussion turns to the use of Stop Loss orders, you can be confident that a division will occur between all the participants of the discussion, as they are first divided on whether to use stops, and then those who say we should, are therefore divided again on how ... Continue Reading
Taken from: http://instaforexsabah.blogspot.com/
1. Winning Attitude
Every successful trader possesses this one key element. And it is this desire to become successful that will make you truly focused on trading.
You have to understand that trading is a psychological process; you must be able to overcome challenges to becoming a great trader, because ... Continue Reading
Writen by Ben Millane
What account size do I need?
How much money can I make with trading?
First of all, let’s clarify a common misunderstanding: You never risk your full account size. You always have a “catastrophic stop”, and it is important to define the “ruin” before you start trading.
Let’s say you ... Continue Reading
This little trading tip can and will make a difference in your trading results in 2009.
Stops are enormously important part of a traders arsenal of trading tools. Some traders confirm that stops are the most important part of their trading armor.
So here are three ways to use stops to protect ... Continue Reading
Another way you can increase your chances of profitability is to trade when you have the potential to make 3 times more than you are risking.
If you give yourself a 3:1 reward/risk ratio, you have a significantly greater chance of ending up profitable in the long run.
Take a look at ... Continue Reading
Here is a little illustration that will show you the difference between risking a small percentage of your capital compared to risking a higher percentage.
Here you can see that there is a big difference between risking 2% of your account compared to risking 10% of your account on a single ... Continue Reading
So we know that money management will make us money in the long run, but now we’d like to show you the other side of things. What would happen if you didn’t use money management rules?
Consider this example:
Let’s say you have a $100,000 and you lose $50,000. What percentage of ... Continue Reading
This section is one of the most important sections you will ever read about trading.
Why is it important? Well, we are in the business of making money, and in order to make money we have to learn how to manage it. Ironically, this is one of the most ... Continue Reading
By AceTrader
INTRA-DAY GBP/USD: +1.5915+
Last Update At 01 Feb 2010 09:36 GMT
Despite intra-day marginal weakness to 1.5905, current rebound after the release of much better-than-expected U.K. ...
FXstreet.com (Barcelona) - Dollar recovery from Asian session low at 89.80 has been capped at 90.45 high on early European session, and the pair's following ...
FXstreet.com (Barcelona) – The EUR/USD is closing out today's American session trading horizontally in the range between 1.4545 and 1.4505 after establishing a 5-week high ...
THE RELATIVE STRENGTH INDICATOR AND DIVERGENCE
By By Daryl Guppy. Taken from http://instaforexsabah.blogspot.com/
Technical indicators are constructed by manipulating some aspect of price such as a moving ...
There are nine cool rules for trading divergences. Learn 'em, apply 'em, and make money. Ignore them and go broke.
Rule No 1
In order for divergence ...
Divergences act as an early warning system alerting you when the market could reverse.
For example, if bulls have steadily pushed EUR/USD higher, the appearance of ...
Examples of U.S. economic indicators that are clearly tradable, resulting in immediate price adjustment and trading position profits:
MOMENTUM TRADE – GOING WITH THE NEWS
Monthly employment ...
The Wave Pattern
Elliott's main discovery was that market behavior could be identified and measured through a repeating eight wave sequence, consisting of 5 waves that ...
Using Technical Indicators
Price charts help traders identify trade-able market trends - while technical indicators help them judge a trend's strength and sustainability.
If an indicator suggests ...
Learn about the basic strategies for controlling risks while trading Forex
The Forex market behaves differently from other markets. The speed, volatility, and enormous size of ...
The Wave Pattern
Elliott's main discovery was that market behavior could be identified and measured through a repeating eight wave sequence, consisting of 5 waves that ...
To understand the behavior of RSI indicator in greater depth, is to look at the theoretical aspects of formation of waves Elliott.
Often, the study was ...
By Corey Rosenbloom, Afraid to Trade.com
Did you know Elliott Wave can be applied to the intricacies of the One-Minute Charts?
I wanted to show an example ...
Learn about the basic strategies for controlling risks while trading Forex
The Forex market behaves differently from other markets. The speed, volatility, and enormous size of ...
Taken from: http://instaforexsabah.blogspot.com/
1. Winning Attitude
Every successful trader possesses this one key element. And it is this desire to become successful that will make you truly ...
THE RELATIVE STRENGTH INDICATOR AND DIVERGENCE
By By Daryl Guppy. Taken from http://instaforexsabah.blogspot.com/
Technical indicators are constructed by manipulating some aspect of price such as a moving ...
Learn about the basic strategies for controlling risks while trading Forex
The Forex market behaves differently from other markets. The speed, volatility, and enormous size of ...
Taken from: http://instaforexsabah.blogspot.com/
1. Winning Attitude
Every successful trader possesses this one key element. And it is this desire to become successful that will make you truly ...