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Know Your Win Loss Ratios
Every business has its numbers, every business has its Income Statement. Remember the old formula Assets – Liabilities=Working Capital from accounting 101? Well trading is a business your assets are your trading Capital, and your liabilities are your off trades (losses). Your liabilities are also every thing you do to produce those losses. Yes you do produce those losses, so take responsibility for them, so you can choose to do better…Candlestick Charts – Best for Predicting Change of Momentum in Forex Trading
Candlestick Charts help you tell what’s most likely about to happen in the price movement of currencies. It doesn’t take a lot of technical analysis to understand them, and you rarely will go wrong too far by depending on them. Traders the world over depend on the patterns they’ve learned in the candlestick charts to know when to get in and out of trades. Why is this, and how does it work?How to Get the Best Currencies Trade Robot
There are a lot of currencies trade robots on the market today and you can use the best of them to trade effectively in the forex market without the experience as these programs handle every aspect of trading on your behalf. I’ve used dozens of these currencies trade robots over the years and the best of them all had these three things in common.What You Need To Know Before You Rush Out And Exchange Your Money
It is always a good idea to convert Euro money to American money before you travel, rather than purchasing traveler’s checks. Unlike traveler’s checks, cash is accepted by all businesses as long as it’s in the correct currency.Converting Your Money – Exchanging Your Euro Money For American Money
Before you travel between Europe and the United States, you’re going to need to convert your Euro money to American money. This will make purchasing everything you need much easier while you’re abroad, as opposed to traveler’s checks which are only accepted by a limited number of retailers.EasyForex Review – Online Forex System Review – How To Trade Currencies Online With a Reputable Firm
This EasyForex review is not the first and will no doubt be the last. This forex trading system platform has been around for sometime and has experienced a tumultuous ride. In the early part of 2000, one trader was accused of insider dealings and as a result the firm took a hit in the popularity stakes as a sound platform to trade currencies on, so since then it has been a case of rebuilding a brand.Forex Trading and Risk Management – How to Avoid the Psychological Pitfalls – A MUST READ
When it comes to Forex trading and risk management, the latter is obviously essential at mastering otherwise the all too subjective rationale takes over, and all that well planned discipline prior to trading is lost. NEVER Marry Trades! Firstly, don’t ever marry your trades. Forex research analysts have proven that traders over 90% of the time “will” analyze the market differently in the expectation or rather hope, that the trade will move in a more favourable direction.ForexWeb Trader V4 Review – Forex System Reviews
This article is a forex system review of the ForexWeb Trader V4, an online forex system which is argued to boast one of the most award winning trading platforms in the industry. Reasons for this accolade by some in the profession state it comes from the following attributes this system claims to offer: 1) Wide variety of deposit methods. 2) Always live customer service department.PipBoxer V4 – Forex System Reviews
PipBoxer V4 is one of the few forex systems which isn’t afraid of trading it’s system live. You can visit their website to see it in action along with a host of additional video material which shows how it trades various currency pairs. What makes PipBoxer V4 different from most of the online forex trading systems is that it is quite a close knit business which gives the feel of a family run business where traders are argued to experience a high level of personal one-to-one communication through their staff.Voted Best Forex System 2010 by FX Week – Act Now and Take Advantage As Finexo Buys Out Btrader
It appears that Btrader, an extremely popular trading platform once available in 5 languages, offering over 50 currency pairs has now been purchased by Finexo, the EU regulated firm based in Dusseldorf and voted the best forex system by “FX Week” the last 3 years running. So how does Finexo differ from the Btrader and are the tools that Btrader offered still available through Finexo’s forex system?Automated Expert Trading Forex Software
Foreign exchange enables many persons worldwide to a earn high income working just 30 minutes per day. The foreign exchange market is very rewarding, but in addition it is very costly. On a daily basis we hear the sad testimonies from traders, who lost their outstanding earnings because there wasn’t adequate strategizing with the currency trading market.The automated expert trading forex can help you strategize your way into the FX market.Bollinger Bands – A Top Indicator of Future Price Movement
Bollinger Bands are used as an indicator the lows, highs, and middle of the trading range over time. If you want to make a guess where a stock will reach a high, you can’t do much better than to look at Bollinger Bands applied to a candlestick chart. The price-action portrayed in the candlesticks works perfectly well with the Bollinger Bands as a future educated guess where the next price range might be.US House Of Representatives Passes Bill To Counter Yuan
The US seems to be getting serious about pushing the Yuan up such that the indirect export subsidy that an artificially undervalued Yuan offers is negated. An undervalued Yuan effectively makes Chinese goods cheaper compared to those manufactured elsewhere.