As a fx news spike trader we retain a gigantic advantage when it comes to learning to trade fx. The majority if not each and every forex brokers offer the use of a practice trading account before trading with a live account. Demo trading accounts allow trading without putting real cash on the line. In [...]
Forex Trading Online has become extremely popular over recent years for a few good reasons, but primarily because of the ease of use, ready access to support services and share volume of information available for the new trader. The rise of online forex has also meant greater competition between forex trading platforms, and that is [...]
Master these highly profitable Candlestick Patterns with this 82 page FREE Candlestick Guide. Download this Magic Breakout Forex Strategy eBook by Tim Trush and Julie Lavrine FREE. Watch these QuantumFX Pro videos by Kishore that show how to know in advance when the trend is going to reverse so that you don’t get wiped out [...]
In this post we would like to share our currency trading experience with every Singapore trader who has no or little Forex trading skills. 1. If you are interested to start real trading in Forex, invest the available money only. Never use your last money for online trading that you cannot afford to loose. If [...]
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For almost all of 2007, many students in the FX Power Courses were buying pullbacks in the EUR/USD and selling rallies in the USD/CAD and doing quite well since they were trading with the trend. But trading has become more difficult lately as there has been little follow through on any move up in the [...]
While we recommend traders always use a protective stop when in a trade, identifying that stop level can be a daunting task for new traders. One thing we do not recommend is using a fixed amount to risk on each of your trades. An example would be risking 25 pips on every trade, no matter [...]
When we start one of our FX Power Courses, we ask new students to introduce themselves and let us know a little bit about their trading interests. If you take their explanations at face value, you would be surprised at what you hear. Some are there for the excitement of trading, while others are there [...]
I truly enjoy the tools that DailyFX+ gives me as a trader, and the advantage it provides in making decisions on my next move. – Robert, Louisiana The best Forex trading site around. – Brett, Australia I like the order board feature from IFR markets. It is very useful in picking entry and exit points [...]
Once a new trader comes into one of our FX Power Courses they want to know the tricks of the trade. Many will ask if there is one thing that has a mystical power over the currency pairs and if they learn that, it will make them a better trader. Most are kidding, but imagine [...]