All we need you to do at this phase is to listen carefully. The currency market is furious, it can kill beginners in a blink, so we all should be aware of what we are dealing with. So do not dive into it on your own until you are ready.
Currency dealing becomes easy and a routine as soon as we get to know it well, and that's our job in here, to familiarize you with the way trading drives your money up then down then up in the profit versus loss game. don't get the term "game" wrong. we are not gambling though! You'll find out that the systems you should use are systematic, accurate, smart and effective. No dice rolling, no second guessing. Just a proper analysis, evaluation of the analysis at hand, then making the decision whether to buy a currency pair or to sell it. Only then, there's no going back. Just waiting for the trade to accumulate enormous profit, or limited loss. so all you have to do is listen, listen and listen. Then start practicing what you will learn here.
Forex trading is the way to go when it comes to money and online income, so actually the best forex systems are those who teach you how to treat your investment like a business, the market will treat you the same way. If you prefer to be a manual trader, start testing known strategies, don't come up with new ones, because otherwise, trust me, you'll be disappointed. Make sure you decide which system is better for you after you test some systems well.
Enjoy the business that attracts many investors from around the world, dive into the market that exchanges over 3 trillion dollars per day globally. make use of it. Make money from it. Never believe those who urge you to jump into live accounts or choosing a broker quick to join the market. They usually would not care about your risk aversion. So be careful & patient but ready when you are really ready to trade.
Get down to work, invest in time. And make your investment back in money. more often you will be advised to look up a certain term or software in one of our trusted resource sites to enrich your experience. so keep following the course and read every article. We collected them from expert traders around the world. Keep track of our regularly added techniques and bookmark our website in your favorite browser. Make the most of our site. Make it yours!
How To make the most of our trading systems and methods
Forex trading training is available publicly on this guide at no cost. You will be trained to use MT4 charts, pick the best broker that suits your financial and risk tolerance needs as well as choosing the most convenient strategy to finish your training with a successful system. Do not hesitate to ask for a complete guide through our contact page.
Forex trading robots will be your next step towards automated trades hence automatic profits. This stage is still too early to reach but you will also gain enough general knowledge about forex autopilot traders - robots - so that you become familiar with them when you get there. once you are qualified for automated trades, we will recommend the best forex robots for you to save you time and money.
Forex trading hours start from Sunday night GMT till slightly before Friday night GMT - this could vary according to your broker - and you can trade any time in between. From our experience, the best times to trade within is through the London session. This is due to the nature of the market and the high liquidity that covers Europe at these times. Choosing the London market as your favorite time is a great way to visualize how a currency pair like GBP/USD can move greatly before your eyes.
Forex books will be available to you through our resource page. Starting from trading for dummies/newbies up to advanced forex systems and strategies. We not only represent to you the knowledge you need through our picks of ebooks, but we also provide you with systems that is written by expert traders who tested and spent years validating their techniques. So read, enjoy and implement.
Forex alerts are available if you subscribe to our weekly newsletter. Alerts are mainly for the reason of serving new systems or rendering special news announcements or long term signals. You can't miss those, there is a gold mine in those E-Mails and you will figure it out yourself. Subscribe now if you have what it takes to start trading live with us.
Forex automatic trading systems are also available through our sponsors. But we urge you not to ask for those until you have finished your homework. These systems require back-testing from your side because their authors will not be held liable if you lose money using these automated trades. So you have to know what you are doing even if you have a complete manual of any software you choose.
Forex grid trading became popular long time ago. This has led us to the conclusion of giving our readers a special teaching material about it. There are many strategies that takes care of this method. But we will only provide the most used and the more successful ones. If you are interested to learn more about grid positions, feel free to navigate to its article.
This forex tutorial is presented to you by our staff. We collect more info and systems on a daily basis just to keep this site at your highest standards. Our biggest reward is to have your attention and gain your trust. Trade our methods on demo accounts before you go live. Prove them profitable, choose your favorite ones and be a live trader for good.
Forex scalping is not a system, it's a trading method that many Intraday traders switch to after mastering quick and small-profit trades. Usually scalping is defined as a position that takes no more than a few minutes. But the accurate definition of the method is always a controversy. So instead of trying to exactly find the right explanation for it, we will dive right into it through our forex scalping systems available to you inside our guide.
Forex trading has long been associated with MT4 or Meta Trader. Currency investors online are familiar with this platform and it's hard to find anything easier. All our examples and systems will be illustrated on metatrader 4 platform. If you ask anyone, novice or advanced trader, it's the most user-friendly forex platform of all time. Most forex trading companies, use this platform to make their trades. MT4 is better for testing any system out there. As a matter of fact, MT5 is awaiting creation as well, it's been said that it will even get easier and will have more killer options on both forex and stocks.
Metatrader brokers are so many that will make your head spin. But at least that will make it easy for you to choose from them and focus on other features to take a decision. Such as liquidity, reputation, longevity etc. Yet, some very reputable brokers like Oanda.com serve their clients very well with a non-metatrader platform with web java, one of the coolest platforms ever.
Forex analysis is divided into two categories: technical analysis and fundamental analysis. The technical analyzing of the market means that you will observe, test and open trades upon what you see and do on the chart solely. Price on the chart with or without your indicators is all what you need to analyze the market action. On the other hand, fundamental analysis relies on major news announcements along with current economical events and financial institution decision. Those affect the price dramatically on the long run, hence, smart investors who seek long term profits do their best and pay close attention to fundamentals.
It might be hard to predict the market direction by 100% certainty, but prediction becomes more in your favor if you open a trading account only after you know exactly how to trade forex or stocks. That's why too many traders lose a lot of their hard earned cash. They simply rush and open a live account at a broker online without even bothering to taste the risk on demo. If you become one of those, we can't be best friends. Patience my friend, is a virtue!
I get many questions about expert Advisors. They are actually another name for the term forex robots. That's it. And like i said earlier, do not approach them unless you are ready. And by this i mean until you get the hang of the trading platform and how to back-test on Meta Trader. Expert advisors are too risky to use for beginners.
Commodity trading is away from what we are doing here. But the good news is, what goes with this, applies to that. Meaning, our systems can work on forex, stocks, commodities, bonds and even for an account manager. This site suits all type of financial instruments thanks to the nature of the markets that tend to make history repeat itself on big time frames.
We provide only quality opinion and reviews, and if you have a specific topic related to currency pairs that you would like us to discuss more intensively, please contact us below. A big thank you to those who are contributing everyday to our best trading systems and articles.