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Market makers remember – do you? Live Trading – how to predict
Read More...Source: Learning To Trade Market Makers Method +220 pips live trading (Youtube).
Read More...presented by Mark McDowell
Thursday, January 13 @ 4:00 PM ET
Come learn the principles of Forex trading from a seasoned investor and instructor. In this webinar, Mark will give an introduction to trading Forex using a defined and proven strategy including an introduction to the required set of indicators and an understanding of simple money management techniques.
About Mark McDowell:
Read More...- Written by guest contributor Jennifer Gorton from Forex Traders
In the investment world, nothing can stir up a debate more quickly that to put a fundamentalist versus a technician in a war or words over which analytical practice is more worthy of recognition and support. Fundamentalists will even go so far as to posit that there is no evidentiary foundation for technical analysis in academia based on random walk theory, but technicians point to wealthy traders that have profited handsomely in the market to refute any such claim. However, forex traders are caught in the middle ground. The simple fact is that both analytical methods work in a synergistic fashion, whether on short or long-term trading strategies.
Read More...At a recent trading convention two well known traders discuss the ins and outs of trade exits. Read on to find out how successful traders make their trade exit decisions…
Mark McRae is surprisingly forthcoming about his worst trade experience when asked.
One of the cardinal rules of Forex trading is to keep your losses small.
With small Forex trading losses, you can outlast those times the market moves against you, and be well positioned for when the trend turns around. The proven method to keeping your losses small is to set your maximum loss before you even open a Forex trading position. The maximum loss is the greatest amount of capital that you are comfortable losing on any one trade. With your maximum loss set as a small percentage of your Forex trading float, a string of losses won’t stop you from trading. Unlike the 95% of Forex traders out there who lose money because they haven’t applied good money management rules to their Forex trading system, you will be far down the road to success with this money management rule.
Read More...You may be wondering, `Why would [tag]David Jenyns[/tag] write about the worst [tag]Forex trading strategy[/tag] around?`
There are a couple of reasons:
First, to warn you about the worst Forex trading strategy, because you really don`t want to end up using this system.
Second, because once you know the worst possible Forex trading strategy, the one that is designed to maximize your losses over the long run, then you can reverse it to craft a strategy which does the exact opposite.
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