Do you know yourself?

Traders - those involved in the trade (the game) on the stock exchange. In other words, we are with you, if you decide to play in the Forex market. A good trader - a person with an analytical mind, self-possessed, able to assess the situation and the time to leave a losing trade, as there is a risk to waste have already earned money.

Need to make a clear plan of action from start to finish, in order to avoid unnecessary risks. After the completion of each operation is necessary to work on the bugs, to identify the reasons for which deviate from the plan drawn up.

Forex, as well as any other operations investing, risk is inevitable. Risk is high, medium and low. It is clear that the larger the amount of the deposited amount, the higher the risk. Yet, all the work on Forex is based on the game, so will have to take risks. Especially because no one can tell you how to make money on forex million lossless. It is not necessary only in the early stage of his career to risk more funds. The attempt to recoup, as do the fans of gambling can lead to bankruptcy. Read forex blog "FOREX ROCKET" and earn money with us!

Comments

Pin Bar Trading Strategy - Price Action Setups

Pin Bars - Price Action setups The tops of the bars on each side "nose" are the "eyes". Please note that Open and Close PB, ie nose should be in the redistribution of the left eye. Pin-bar can be traded as a single figure, and in combination with others. These include Fibonacci levels, important pivot levels (reversals), moving averages, peaks and main swing, fusion (the MA or Fib levels), rollbacks of current movements (not less than 23% Fib). For greatest reliability worth trade PB occurring at the maximum or minimum swing, or repelled from the merger. Figure 2 PinBar - a very reliable pattern Price Action. Trading on the pin-bars For beginners we recommend to put a stop order (or limit) directly under the base of the PB, about 10 points lower. Foot and input orders should be placed in 10 locations from the extrema, as the price may be a bit to go beyond the maximum or minimum. Figure 3 If current orders we receive profits, trail the

Leverage Forex, what is better to choose?

Leverage Forex, what is better to choose? So, what is meant by the definition of “ leverage Forex ”? It is the ratio of the volume with which the trader works to the total amount of funds held in the account. This ratio is designated as 1:100 (pronounced - one in one hundred). That is, having the Deposit, say, $ 100, you can trade in the amount of $ 10,000. Values leverage Forex can be different. A good Forex broker provides leverage Forex from 1:20 to 1:500. The last option is very risky, although good traders salpingotomy and/or other aggressive trade. Optimal consider the ratio of 1:100, with the option risks:yield as balanced as possible. Special attention to the choice leverage Forex should be given to new traders. Because the maximum degree of risk in each transaction is considered to be 1-3% of the Deposit. The higher this will leverage Forex, the higher the risk of loss of Deposit. Accordingly, reducing the leverage of Forex (and, hence, the volume of trading p

Model absorption - price action setups

Model absorption - Price Action setups Because of the contrast, MP for the trader relatively high probability of a good, profitable entry into the market. Required components of the bright signal - 2 candles that follow one after the other (or bullish and bearish or vice versa). In this case, the second candle surpasses the first value of his body, as if absorbing it. Fig.1 Bullish and bearish absorption For MP important are the following conditions: 1. Presence of a pronounced upward or downward trends can be short. 2. The body of the second candle should be more (absorb) the body first. Shadows can not be absorbed, then the signal is considered to be weaker. 3. The body of the second candle should be a contrast in color to the body first. Exception: a small body of the first candle ( Dodge or close to it). Figure 1 you can see both versions of the MP. Cover only the size of the body of the second candle, not its shadows. Bear MF often represented by a small candle of any color (

Forex Rocket - All you have to know about Forex

Search This Blog