The Basics of Forex Swing Trading

The trading style solely depends on the individual agenda and preferences. One of the effective way to trade forex is swing trading. What is swing trading anyway? What is common misconception about swing trading? How can you swing trade efficiently?

Full article about forex swing trading here

Forex Trading – Determine Forex Trend

Successful forex trading has a lot to do with determining the overall trend. Without trend awareness, a trader is most likely to suffer unnecessary losses. The trick is to trade in the same direction as the trend, however in most cases it is easier said than done. What is the best method of determining forex trend?

Read full article about determining forex trend here

Real Scalping Contest Results from Insta Forex

The results of “Real Scalping InstaForex” competition, which took place on 07 August 2009, are out!
 
During last week contest one of the accounts (103369) was disqualified due to dishonest activity. Therefore, the top places are as following:

 

1. 103421 Davydov E. Oleg (Russia);

2. 103554 Eben Haeser Tarigan (Indonesia);

3. 103638 Muhamad Zahir Bin Ab Ghanimza (Malaysia);

4. 103924 Mohd Romizi Bin Husin (Malaysia);

5. 103793 Felgen Nino Andrada (Philippines). 

 

Insta Forex broker congratulates the winners and wishes further success! You can join the upcoming weekly scalping competitions here

Profit Target in Forex Trading

Forex trading involves analyzing and predicting. Whenever you enter a trade you should have a slight idea of where the price is going before reversing. According to this guess, you are able to set a profit target for each trade. Forex traders set daily and weekly targets based on the experience. Why is it important to know the target? Does setting a target limit the maximum profit possibilities? Is it necessary to know your target?

 

Read full article about profit target here

How to Test Forex Strategies

Internet is packed with numerous paid strategy offers which promise to “reveal forex secrets” for hundred bucks. Designing a strategy to fit your individual trading style is complicated and time-consuming process. The truth is that there are no secrets about forex trading. What really matters are experience, dedication and, when it comes to forex strategies, an old fashioned trial and error testing. The question is, how is testing a strategy done? Are there any special tricks you need to know?

Read more about testing forex strategies here

Make a Living with Forex Trading

All forex traders desire consistent profits, however many fail to accomplish their dreams. Why it is so difficult to become successful in forex trading and what are the ways to make a living trading online?

Read full article about how to make a living with forex here

Forex Trading – Common Entry Mistakes

Forex trading requires a lot of discipline and cautiousness, especially when it comes to making entries. The lurking mistakes of entry points can turn potential profits into high-risk losses. Among the right strategies of entering a trade, what are the common entry mistakes that can turn your forex trading experience into nightmare?

 

Read full article about Forex Entry Mistakes here

ForexYard Introduces Strategy Automator

ForexYard broker offers traders a new way to trade! With Forex Strategy Automator all you have to do is to choose the right strategy and let your trading funds increase automatically. The strategy of your choice will do everything for you – buy, sell, open and close positions. 
 
Visit ForexYard and found out more!

15 Most Common Forex Trading Mistakes

 

Starting forex trading career is an exciting journey. The mind-blowing financial challenges, economic riddles, potential sky rocking profits and psychological effects – all assembled together in one profession. As a new forex trader you need to recognize the universal mistakes which can easily turn your forex trading adventure into unnecessary, costly ride. What are the common mistakes traders make and how can you avoid making them?

 

Find out what are common forex trading mistakes here

Forex Trading – One vs Multiple Currency Pairs

There are many aspects forex traders observe in order to pick the most profitable currency pair. Forex market has endless possibilities and no restrictions on which currency to choose and how many currency pairs to trade. The question is what are the most preferred currency pairs? How to choose the right currency pair? Is sticking to one-pair path beneficial or it is more profitable to multitask?

 

Read full article about forex currency pairs here