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!

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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...

Forex Strategy - Vegas - Wave (gain 352 points)

Forex Strategy - Vegas-Wave (gain 352 points) Work as usual with a reliable dealing center . A bit of theory. For the EMA (144) with a well-defined trend characterized by the fact that it appears the level of support for the price. When the price crosses the EMA (144) is formed signal, whereby the trend is likely to change its direction. Signal for opening positions according to the strategy Forex on the moving average method "Vegas-Wave" acts penetration channel EMA. The resulting fractal will act as an additional filter - at his trial, and exhibited a pending order. To fix the profits can be used Elliott Wave Theory + levels and Fibonacci extension , which are measured from the first wave of Elliott the current trend. Algorithm trade strategy based on moving averages "Vegas-Wave" When the price above the price channel - a "buy zone" below - "area sales." When penetration top price channel formed EMA (144) and (169), after whic...

Price action - trade without indicators

Price Action - trade without indicators Take a look at the picture. Regular schedule, is not it? As we know, the price moves in waves (zigzags). And if the start price movement, the trend in this direction is maintained. If a trader enters during a small correction (rollback prices against the main trend) - a cost-effective entry point. Connect the top and bottom. Now you will notice the trend movement, first down, then up. In the first half of the graph, you can search for points of entry for sale at rollback prices up, the second - to buy when the price moves down. 2. Price Action - look at the shadows of candles What is the shadow of a candle? This is the price levels of the Open and / or Close. If the shadows are long, it is possible to understand that the price met resistance, then turned around and headed in the opposite direction (in the direction of the candle body). This suggests the market moves too fast and strong players who have managed to deploy it. If we want to make m...

Forex Rocket - All you have to know about Forex

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