Forex

PLAN THE TRADE AND TRADE THE PLAN

by Michael on May 11, 2012

One difference between a professional trader and an amateur is the TRADING PLAN. In a nutshell amateurs don’t have one. To WIN AT THE FOREX you must know before placing the trade, not only your desired entry point but also what you are trying to gain in terms of the number of pips. You must [...]

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5 Reasons Why I Trade

May 3, 2012

I think there comes a time (especially when the market is in a downturn and the screens are red) when we all have to ask ourselves why are we investing / trading. It might be a silly question to most, but I decided to put pen to paper and come up with 5 good reasons [...]

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WARREN BUFFET : TOP TEN QUOTES OF ALL TIME

April 29, 2012

WARREN BUFFET : TOP TEN QUOTES OF ALL TIME Warren Buffet, also known as the “Oracle of Omaha” is an American business investor, magnate and philanthropist. He is widely regarded as one of the most successful investors in the world. He is the chairman and CEO of Berkshire Hathaway and is consistently ranked amongst the [...]

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FOREX TRADING – The Importance of Money Management

September 22, 2011
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Forex – The importance of Money Management Having money is always a good thing when it comes to Forex. You can use money to invest further and control your flow of income; it could also be a bad thing when you do not know what you are getting yourself into. With that said, you can [...]

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WARREN BUFFET : TOP TEN QUOTES OF ALL TIME

September 13, 2011

WARREN BUFFET : TOP TEN QUOTES OF ALL TIME Warren Buffet, also known as the “Oracle of Omaha” is an American business investor, magnate and philanthropist. He is widely regarded as one of the most successful investors in the world. He is the chairman and CEO of Berkshire Hathaway and is consistently ranked amongst the [...]

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EURUSD Analysis 2011.09.13

September 13, 2011
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[Forex | Euro vs US Dollar] We believe that possible bearishness could be seen during this trading session. Immediate resistance is at (1.3704). Close above that area could lead us to neutral zone as direction would become unclear, but as long as price moves below that level the major scenario remains bearish.We will try to sell EURUSD from our mentioned resistance levels.

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FOREX TOP TIP – PLAN THE TRADE AND TRADE THE PLAN

September 1, 2011
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One difference between a professional trader and an amateur is the TRADING PLAN. In a nutshell amateurs don’t have one. To WIN AT THE FOREX you must know before placing the trade, not only your desired entry point but also what you are trying to gain in terms of the number of pips. You must [...]

Continue Reading →

Learning to love your losing trades

August 31, 2011
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LEARNING TO LOVE YOUR LOSING TRADES  Ok, so no trader truly enjoys taking a losing trade. But if you want to succeed in this business of day trading learning to love your losers (or at least accepting them) is one of the most important lessons you can learn. Psychologically, human beings are not well designed [...]

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5 FOREX TIPS FOR BEGINNERS

August 17, 2011
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I am often asked for advice and TIPS in Forex trading by colleagues or friends who are fascinated by the potential of the enormous income that can be earned, yet do not know how to enter the market. My most common reply is to READ and LEARN. Just like at school. There are an enormous amount [...]

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5 good reasons why I trade

August 16, 2011
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I think there comes a time (especially when the market is in a downturn and the screens are red) when we all have to ask ourselves why are we investing / trading. It might be a silly question to most, but I decided to put pen to paper and come up with 5 good reasons [...]

Continue Reading →

Bets and the City: Sally Nicoll’s Spread Betting Diary

July 27, 2011
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“Markets. They go up. They go down. How difficult can it be?” Sally Nicoll begins her spread betting journey with magnificently misplaced optimism. Join her on this rollercoaster ride to hardened pessimist – and wised-up realist. Funny, frank, factual Should we be afraid that in the digital era, anyone with a broadband connection and a [...]

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FOREX: LET THE TREND BE YOUR FRIEND

July 12, 2011

For me and my Forex trading, my most profitable and current situation has come about ever since I adopted the motto of letting “the trend be your friend”. In fact now, I only ever trade in the direction of the trend. I used to trade like a maniac – I would try out every different strategy [...]

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Discover Some Magic To Beat The Forex: The Elliott Wave Theory

June 29, 2011

By Guest Author:  Joseph Plazo One of the best known and least understood theories of technical analysis in forex trading is the Elliot Wave Theory. Developed in the 1920s by Ralph Nelson Elliot as a method of predicting trends in the stock market, the Elliot Wave Theory applies fractal mathematics to movements in the market to [...]

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