successful फोरेक्स trading strategies

Forex Trading could be as simple as it is advertised, but before you venture into online forex trading, kindly demo trade by downloading the trading platform from any reputable Forex broker's website.I highly recommend that you only open an account with a registered broker. Having said that, most forex brokers provide ''free of charge'', an online forex trading platform that is integrated, with decent charting software. I believe you can consider the data reliable and the order of execution proper as long as you are dealing with a registered broker. However, some forex trading platforms and charting software are more intuitive and easier...

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Forex Trading: How to Earn a Living With Forex Trading?

If you're still working at a 9 to 5 job, feeling that there's no end of working for people and no freedom to do what you want to do, why not think of something new which can give you all this? Forex Trading is one of the ways that can help you and your family.For your information, Forex Trading is the LARGEST market in the world. Yes! You read it right, it's larger than stocks, future, options combined together. Forex Trading have over USD1.3 trillion per day and the amount is increasing now and then.Forex Trading or currency trading or foreign exchange (short form for forex) simply means buying or selling a pair of currency. In forex...

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Online Forex Trading Can Make You Rich, But Watch Out

Foreign currency exchange trading (Forex Trading) is creating a lot of buzz in investment circles, because it's making many people very wealthy. Unlike the New York Stock Exchange, the forex trading market is open twenty-four hours a day. You can literally trade from sun up to sun down in the forex market.The reason why so many people want to learn how to trade forex is because they hear stories about average folks, who have become forex traders, putting some money into a few good trades and making themselves a bundle - we're talking thousands of dollars.Is this kind of success in currency trading possible for you?Yes, and no.Yes, it...

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The Best Hours for Forex Trading

Forex (foreign exchange) is a highly dynamic market with lots of price oscillations in a single minute, this characteristic of the Forex market allows traders to enter the market many times a day and pull some profit from these number of trades. If you want to find an appreciable number of profitable trades you need to enter the forex market at the best period of time, i.e., when the activity, the volume of transactions, is the highest. More information can be found at http://www.1-forex.comThe main timing characteristics of the Forex market are the following:* The Forex market is a 24 hour market – It starts from Sunday 5.00 pm EST through...

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CURRENCY TRADING BASİCS: 10 Mistakes You Must Avoid to Win at Forex

Here we are going to give you some currency basics and this involves 10 essential tips you must do and 10 tips on common mistakes which you must avoid to enjoy long term currency trading success.Let's start with 10 common errors you just avoid.1. Don't Day TradeIt doesn't work because short term volatility is random and prices can and do vary anywhere in a day and you have the odds firmly against you and will lose longer term.Ever seen a day trader with a long term track record of success? No neither have I, so avoid it and trade longer term trends where you can get the odds on your side.2. Don't Try and PredictPredicting is simply hoping...

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How to Use Leverage in Forex Trading

How to Use Leverage in Forex ट्रेडिंगUnderstanding leverage and how to use it can be the difference between you going broke very quickly and you actually making money. I occasionally read a forum post where some guy claims that he made x amount of dollars trading forex with a 100:1 margin and while it is possible, it is also extremely risky. Most beginning forex traders simply don't understand what they are betting when it comes to leverage. Forex trading can be extremely risky and the higher the leverage the higher the risk. Hopefully after you have read this, you will understand why playing with a high leverage is alot like playing...

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Forex Trading | Forex Support and Resistance Tutorial

To first begin Forex Trading, you first need to understand some of the basics of the market. For instance, how the market moves, why it moves in the direction it does and how to find a good entry point to start placing bids. Understanding the concept of support and resistance lines will be our first stop.Forex is a lot like trading stocks and if you have a solid foundation on how the stock market moves, the transition to forex trading will be fairly easy. If you have no idea how it works, this will hopefully give you a layman's viewpoint into forex trading. Best case scenario in this little rant is that you get a clear and accurate...

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How I managed to earn dollars 10,000 a day by standing upon my head

How I managed to earn dollars 10,000 a day by standing upon my head!!,Kavita Batta What are you laughing at? Are you laughing at all? I wouldn't be too surprised if many weren’t the least bit ‘tickled’ by such a headline. After all, I’ve seen claims that are as ridiculous, or almost as ridiculous, describing one Home Based Business opportunity or another. I’m really just wondering how much of it people who are searching for that elusive ‘Work At Home’ dream will continue to swallow.Most would agree that as little as ten years ago, people who worked at home (i.e. earned their living) were a very...

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Price Action Forex Trading

Price action is a type of technical Forex trading that is based on the bare prices and charts instead of the usual indicators। Traders that employ various price action trading techniques believe that bare prices and charts can tell us everything we need and that indicators, while being helpful for calculating some statistical dependencies, create a time lag that can be critical in Forex। In fact, all indicators and any other methods are based on the data that is a part of a price action. So, price action is just a broad definition for the rather raw technical market data. The four techniques that are presented here aren’t the full set...

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FOREX (Foreign Exchange Market)

The foreign exchange market is also known as FX or it is also found to be referred to as the FOREX. All three of these have the same meaning, which is the trade of trading between different companies, banks, businesses, and governments that are located in different countries. The financial market is one that is always changing leaving transactions required to be completed through brokers, and banks. Many scams have been emerging in the FOREX business, as foreign companies and people are setting up online to take advantage of people who don't realize that foreign trade must take place through a broker or a company with direct participation...

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Forex Trading : How Do You Make Money ?

Forex Trading : How Do You Make Money ? The FOREX is the most exciting market in the world today.So how do you make money in this massive marketplace?FOREX trading is exchanging one currency for another. To buy one currency you must exchange (sell) it for another.For example, you think the price of the Euro is set to rise against the US Dollar. To enter a trade, you buy Euros and sell US Dollars. To exit the trade, you sell Euros and buy back US Dollars. Hopefully, you were correct in your analysis and the exchange rate for EU/USD has gone up, meaning that you get more Euros back than when you bought them, thus making a profit.Exchanging rates keep on changing constantly and supply and demand for any given currency, and thus its value, are influenced by economic factors, political...

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Which Pairs to Trade

Spreads play a significant factor in profitable forex trading. When we compare to the average spread to the average daily movement many interesting issues arise. Namely, some pairs are more advantageous to trade than others. Secondly, retail spreads are much harder to overcome in short-term trading than some may anticipate. Third, a "larger" spread does not necessarily mean the pair is not as good for day trading when compared to some lower spread alternatives. Same goes for a "smaller" spread - it does not mean it is better to trade than a larger spread alternative.Establishing a Base LineTo understand what we are dealing with, and which pairs are more suited to day trading, a base line is needed. For this the spread is converted to a percentage of the daily range. This allows us to...

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