Learn the technical language used in the currency trading world. When reading informative forex news articles, there may be terms used that you do not understand. By keeping a glossary of commonly used forex terms at hand you will be able to quickly find out what the terms mean and the greater your understanding of the news articles will be.

There are many automated Forex trading systems on the market. You will get a lot of results from any search engine. Automated systems are making their mark and are highly popular. This type of technology enables you to turn profits and approach a more diversified trading method.

You can always stand out of a trade, you have that personal right. If you are doubtful about your position of a trade, it is best to stay out of it. If you do not have enough information to make an informed decision, it’s better to sit out of the trade than to make risky uninformed decisions.

Forex is very unique in that it is one of the few international exchanges in existence. It is open twenty four hours a day and you are competing against people from all over the world, many which may have higher intelligence and experience than you at the game. Make sure you are completely comfortable with how things work before you “step into the ring” as it can be a financial downfall for you if you aren’t prepared.

Successful currency traders enjoy trading. If you spend most of your days with sweaty palms and indigestion from staring at your trading platform, then something needs to change. If you are stressed out with trading instead of calm, you are more likely to make poor choices. Relax and enjoy the process!

The best forex trading methods are also the simplest. A more complicated trading method is not more likely to be successful than a simple one. All a complicated trading method will do is confuse you, leading you to mistrust your plan, overextend your account, and eventually suffer major losses of capital.

When learning about the research process that will make you successful with the Forex market, take a good bit of time to learn about inter-market analysis. You will learn how to watch the other markets to try to figure out how they are going to influence the Forex market. This includes stocks, real estate and commodities.

Peak

Never trade if you are feeling unwell or sick. Your physical condition should be at a prime rate when you are thinking about making trades, as heavy analysis is required at peak performance. Only trade when you are feeling at the top of your game, to maximize your profit over time.

Trading while the market is at its peak will be a great way to maximize on your profits. So no matter which time zone you live in, it’s always a good idea to set your schedule around the active markets. Remember, Forex is a worldwide trading platform, so while the sun may be down in your neck of the woods, it’s day-trading time somewhere else.

Success is relative to everyone, but if you had to give it a universal definition, you could say that it’s profiting instead of losing. This should be your ultimate goal in Forex and the main reason that you’re reading the tips in the above article. Don’t forget that you need to use this information to profit. Flying solo is a surefire way to crash.

Written By investorsibuks[at]yahoo.com

I named this strategy is “wait and see” in short time frame chart you mostly can not predicted price movement it’s sometimes goes slowly but in short time it can be wild by jumping or down 50-100 point. You loss? Learn and don’t loss again!

First before you start, look on daily forex recommendation read the prediction, mostly this prediction accurate but not 100% guaranteed. Now look the market time, and lastly read the news from trusted source. After you understand this step take a look on daily chart, I recommended to use Candlesticks to help you easy reading the chart.

The point in here is you should know and understand character of pair, ex: GBP/USD 200-500 point daily, EUR/USD 150-300 point daily, etc. Now wait and see, in this sample I use candlesticks (black down white up)

In next 4-12 hours you will see the price movement in daily chart, if it goes up in top candlesticks position and market not open yet don’t open any position. BUT, if it goes up in top position and market open just waiting a moment when price not in top position then open position following the Candlesticks trend! (do same in down trend also) the safest next point target is 10-50 points, you can get more point if you have good prediction but I’m not recommended if you’re not really sure where the price will heading.

The key to win in forex mostly is margin management, if you have a lot of money you might will always win in forex. not mean little money would not win, again the key is margin management use 1-2% from your total margin to open position, the different is lot money should win lot, and little money will only win little. Again, play with safe margin calculate everything first.

Good luck

To do this strategy you have to learning about good time open position and accurate calculating, EX: In simulation, You profit 100 point then you want this profit keep safe, you have to locking it with same margin quantity and different position to holding it keep balance and waiting market out from your locking area, then you can close it one by one or in same time.

Look on this chart:

I give red square block on each locking position, once you profit and lock this position you have to patience waiting the market out from your zone, if you close it in middle you might not get maximum profit but 4/3 profit point from total used margin. That’s why this strategy only GOOD for little movement, don’t use it on high movement.

To learn more about best time to open and close position I will write it in next article, you need to use 3 indicator in this point. Parabolic SAR, Fibonacci retracement and Bollinger bands.

Wanna try this strategy and prove it? join marketiva through my sidebar banner and try with virtual money first or using your FREE $5 bonus until you confidence.

Here some important point you have to look before you’re going to open position:

1. Looking on daily chart and weekly chart, to see what major trend are still valid.
2. Looking on 1 hour chart and 4 hour chart to open best position following the major trend.
3. Always use 1% margin to open buy or sell position.
4. If you win, each 100 point open same position following your first position. Until 1.000 point you have to close all your position to safe your profit.
5. If you loss, each 100 point triple your margin and open position not same with your first position. Watchout  on MAJOR TREND don’t fight it.
6. I recommended you to have 10.000 margin to hold floating.

Be patience to learn the market movement, in many case people are fails because they’re not patient on waiting their target, in another case they not calculating available margin so they got margin call when floating.

Good luck!

First please note this strategy not always will make you profit 100% but in my case 8:2 i’m profit. You can not blame or bomb me *LOL* when this strategy make you loss to much.. this strategy works fine with me and maybe for other but not guarantee as is.

First before you open daily position on market you have to read some news and prediction here are some great source you may take a look before:

1. http://webservices.realtimeforex.com/webservice/daily-market-comment

This site provide really good prediction even sometimes(7:3) it’s missed to 70-80% but I really recommended you to read prediction in there first before you open your position.

2. http://www.babypips.com

Really good source for fundamental and prediction on up or down the trend market will go, not 100% accurate but 7:3 it’s really smashing the market!

* You can find other from search engine.

Now calculate your total money and how much you can afford to loose, I  really recommended to use 1-5% from your total money to used as open position. Why not using 50% or more? no pals there is no really 100% prediction will follow in the market so play safely and take profit as you think it’s much enough or you will LOSS ALL YOUR MONEY.

Ready? now open your position and let it floating, set your SL (stop loose) and your TP (target point) to keep your money are safe and not lose to many. When the good time to open position? OPEN IT WHEN MARKET PREPARE TO OPEN. In this case use time converter my timezone is GMT+7 usually I open on 9AM, 4PM, 8PM. Out from this time frame you will only look a small movement.

When to choose the right time to close position when profit? When you are green as much 10-20 point you should close it or you could double, triple it or loos more. Follow my strategy? 20+ point! if it floating to much I close it before it going minus.

Said you profit 100 point daily and your total money is $10.000 you’re using 1% margin from your total money (really safe) you could make $100x5x4 = $2000 monthly, in a year if you stable you could make $24.000 that’s 240% ROI. This is just really simple simulation.

Interesting huh? yeah… I know you’re interesting when you want to try this strategy and start make profit you can email me on istanto@gmail.com I have limited 10 coupons for only 10 people really interesting.

Learning the forex trader style they are categorized as: Noob, Professional, Profit taking, gamblers. Which one you are? Noob usually play without any knowledge, he just thinking if loose then it’s he bad days. Professional are almost same with gamblers they’re using 99% fundamental and 1% lucky to earn big big profits. Profit taking are smart and always stop once they profit no matter they not reach daily target as long they profit. Gamblers is crazy they just gambling their money for WIN or LOOSE 100% lucky *lol*.

After learning forex more deeply I found some point interesting in here that could help everyone become rich with smart movement. First before you enter the forex market the important point in here is HOW MUCH MONEY YOU HAVE TO PLAY Simple! next point is HOW MUCH MONEY YOU CAN AFFORD TO LOOSE and the last thing remember THINK ALL MONEY YOU PUT IN FOREX MARKET NOT YOURS! CONTROL YOUR EMOTION WHEN PLAY.

Strategy to win in forex market.

First calculating all your total money and money you can afford to loose. Read the important news that can affected on currency you play. Look on the charting use many indicator to predicted where this trend will go. after all of this point you understand now preparing to play. open position for buy when price are very low and open position to sell when price are to high.

IMPORTANT: Always open position with small funds first to see where the trends going! Never Fight daily Trend! and never ever trust 100% indicators. Indicators  are static market is dynamic!

When you get minus 100-200 (look on daily and weekly chart to predicted highest and lowest price Usually in 200 point are good for big money in market) open new position same with your minus position and wait until market move again. If it keep minus again in 100-200 point open with same position again.

HINT: If you have big funds you can double  or triple the position to cover lost in negative point. Once again CALCULATE TOTAL MONEY YOU OWN.

IMPORTANT: Look on major trend and calculating before you doing this.

Once you profit now time to close it don’t take to much profit as much you can afford to loose. with this method you could earn hundred to billion dollar from forex market. If you confused on this article I suggest to play with virtual money first once you understand it you can use real money.