Forex Trading Systems Blog - Everything You Need To Know Megablog

Up-to-date information on Forex Trading Systems-All the current information on Forex Trading Systems

Sunday, April 13, 2008

Forex And Forex Trading Related News

Our Featured Forex Trading Writer

Some Forex Ideas

foreign exchange risk

Yes, but as a position trader I never use tight stops. Same goes for trailing stops. All very far away from the market not to be taken out by meaningless market noises. Initial stop is always 1% of my total equity, and never commit the whole position at a go but always scale in and scale out.
You can avoid your problem in most cases by leaving the market always by trailing stops, i.e., do not set the profit target. So, any winning trade must be held as long as market does not tell you to leave by hitting your trailing stops. When you enter the market by market signals and leave by stops or trailing stops, it solves the most difficult part of decision making process rather easier for traders.

One of the silly rules of thumb in USD/JPY trading is it rarely moves 700-800 pips in a row without 200 pips or more correction in the middle and it almost always retraces back to 350 pips advance point from the start of its 700-800 pips move. All because of liquidity problem in Yen market.
More info on Forex software

gft forex

Speculators are active in the FX markets, as they are attracted to the opportunities that volatile and changing market conditions create. A multitude of economic forces impact the world�s currencies. Some of the forces at work include interest rate differentials, domestic money supply growth, comparative rates of inflation, central bank intervention and political stability. In times of global uncertainty, some currencies may benefit from perceived �flight-to-safety� status. Or, if one country�s economic outlook is perceived as strong by market forces, its currency may be firmer than another country�s currency, where economic or political conditions are viewed with caution.

foreign exchange market

Online forex trading training is convenient because you can choose which topics to study or pay particular attention to. You can decide which time of day or night to study or participate in online discussion of the curriculum.
More info on a great Forex system

Your Latest Forex Trading News

Union: Venezuela to nationalize steel

Wed, 09 Apr 2008 12:35:12 EDT
Read full story for latest details.


Post a Comment

<< Home