Some other traders are attracted to the Forex market or any other financial market because of the excitement that is to be and be named a trader. And to tell you the truth, it is very exciting. But if this
Section I: Introduction
By now, you should know that it is important to trade based on a trading system; otherwise, it will be very hard to generate consistent profits from the Forex market. Trading systems tell you where to get in and out
Summary Report
Ok, now that you have read the lesson material and taken the quiz, please make sure you completely understand and/or do the following: – Review each technical indicator, put them in your charts and identify which indicator or indicators you
Section VII: Some Other Points to Take in Consideration
Here are some important points you need to take in consideration while creating your trading system. 1. Always be skeptical about your own ideas, focus only on results. Sometimes is easy to track trading opportunities, what is hard is to
Section IV: Chart Patterns
The same psychology used with candlesticks applies to chart patterns. Investors and traders make transactions for a wide variety of reasons; most trading decisions are emotionally driven: closing a position because of fear of losing more, adding more positions in
Section III: Important Economic Indicators by Country
In this section we will give you a quick overview of the economy of each of the Major currency pairs and the most important fundamentals releases for each one of them. Note however, that this list is provided “as is”