Forex trading is essentially, trading in currency. It’s a procedure in which you exchange the currency of one country for one of another country. It’s an innovative trading option as far as planning your investments are concerned and one that is growing huge in popularity. Although there are a few differences between the workings of currency trading and forex, the underlying … [Read more...]
Fast Scalping System Using The Guppy Moving Averages for Mt4
This is an easy to use system to begin scalping any fast moving market. It uses the Guppy Moving averages indicator for Mt4, and a really short RSI setting of 3. Read on and learn how to use it, and get the files to set up your scalping template. First of all, we all know that trading with the underlying trend is the best way to scalp a few pips of profit. You can try scalp … [Read more...]
Trading Key Reversal Bars and How To Squeeze The Best From Them
Key reversal bars can be interpreted in many ways. Every trader has their own ideas about their significance and how they should be used. Here I’ll discuss some of the best ways to trade them, and the various patterns that you’ll see time and time again on your trading charts. The problem with key reversal bars is they can often look very similar to an outside day, a pin … [Read more...]
Using Volume To Help With Trend Trading
When you're trend trading, you want to be in as long as you can, but in addition you may also want to add to a position as it begins to be profitable. Once you have entered and removed the initial risk from your first stop loss, here is a way to find great levels to move your stop under, and to maybe add small positions into the trade. Volume Level Strategy Important … [Read more...]
Ways To LOSE Money In Forex – Don’t Make These Mistakes
I thought I would take a different approach, rather than writing about how to make money with Forex I decided to go in the opposite direction. In this article I will ask you, how many ways are there to lose money in Forex trading? Depends on whom you ask I guess. Probably about as many different ways as there are to make money in Forex trading. There have got to be at least … [Read more...]
Use Mini Commodity and Futures Contracts And Cut Your Losses!
Many futures traders, especially those starting out, aren't aware of mini commodity contracts. They're a great way to learn and hone your futures trading skills while radically reducing your exposure for trading loss...allowing you to stay in the commodities game while you learn sound, fundamental trading practices and gain experience. In this article we'll discuss mini … [Read more...]