related_results_labels({"version":"1.0","encoding":"UTF-8","feed":{"xmlns":"http://www.w3.org/2005/Atom","xmlns$openSearch":"http://a9.com/-/spec/opensearchrss/1.0/","xmlns$georss":"http://www.georss.org/georss","id":{"$t":"tag:blogger.com,1999:blog-2175455701587725871"},"updated":{"$t":"2009-09-26T05:46:31.989-07:00"},"title":{"type":"text","$t":"Debit  Consolidation"},"subtitle":{"type":"html","$t":"As currencies from different countries interact in the Forex market they will face periods of appreciation or depreciation in their value respect to other currencies being traded in the global currency markets."},"link":[{"rel":"http://schemas.google.com/g/2005#feed","type":"application/atom+xml","href":"http://debitconsolidate4u.blogspot.com/feeds/posts/default"},{"rel":"self","type":"application/atom+xml","href":"http://www.blogger.com/feeds/2175455701587725871/posts/default/-/advantage+trading?alt\u003djson-in-script\u0026max-results\u003d5"},{"rel":"alternate","type":"text/html","href":"http://debitconsolidate4u.blogspot.com/search/label/advantage%20trading"},{"rel":"hub","href":"http://pubsubhubbub.appspot.com/"},{"rel":"next","type":"application/atom+xml","href":"http://www.blogger.com/feeds/2175455701587725871/posts/default/-/advantage+trading/-/advantage+trading?alt\u003djson-in-script\u0026start-index\u003d6\u0026max-results\u003d5"}],"author":[{"name":{"$t":"ritu"},"uri":{"$t":"http://www.blogger.com/profile/16009487792000673522"},"email":{"$t":"noreply@blogger.com"}}],"generator":{"version":"7.00","uri":"http://www.blogger.com","$t":"Blogger"},"openSearch$totalResults":{"$t":"95"},"openSearch$startIndex":{"$t":"1"},"openSearch$itemsPerPage":{"$t":"5"},"entry":[{"id":{"$t":"tag:blogger.com,1999:blog-2175455701587725871.post-6879567754409608023"},"published":{"$t":"2009-01-30T01:58:00.000-08:00"},"updated":{"$t":"2009-01-30T02:01:49.438-08:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"broker forex option trading"},{"scheme":"http://www.blogger.com/atom/ns#","term":"asian stock exchange"},{"scheme":"http://www.blogger.com/atom/ns#","term":"best fx robot"},{"scheme":"http://www.blogger.com/atom/ns#","term":"forex robots blog"},{"scheme":"http://www.blogger.com/atom/ns#","term":"advantage trading"},{"scheme":"http://www.blogger.com/atom/ns#","term":"equity trading"}],"title":{"type":"text","$t":"Some Proven Forex Strategies"},"content":{"type":"html","$t":"In order to become a confident Forex trader one needs to know various Forex strategies. Learning about these various strategies is not only about going deep into Forex education and trading knowledge, but also about learning how to trade to become a full time Forex trader. Ultimately the strategies help the trader identify profitable trading approaches and apply them to his own trades.\u003cbr /\u003e\u003cbr /\u003eIf you have still not understood the importance of Forex education then read on to know why even professionals suggest that all traders should undergo some training. Once you realize the importance of the basic and advanced Forex strategies, you'll realize how simple it is really is to make money consistently.\u003cbr /\u003e\u003cbr /\u003eIf you are a beginner and don't know where to start from, here are some easy to understand strategies that are sure to help you.\u003cbr /\u003e\u003cbr /\u003eSample Strategies For Forex Trading\u003cbr /\u003e\u003cbr /\u003e· Strategy 1: Simple moving average: Successful trading is all about reducing the risk against the reward expected. The same applies to this strategy. This strategy is a disciplined way of reducing risk as well as making most out of the encouraging market scenario. This strategy is based on a 12-period SMA model where each period is of 15 minutes. The strategy works by using a simple algorithm. Here a signal to buy is received when the price of the currency crosses above the 12 period simple moving averages. The strategy helps a short position get recognized, and the longer position can be cashed upon. This strategy helps the trader always remain in the market.\u003cbr /\u003e\u003cbr /\u003e· Strategy 2: Forex trading training also uses another widely known strategy that deals with the support and resistance levels. The concept here is that the Forex market would tend to trade whenever the trade is either above the support levels or below the resistance levels. This means that if the resistance level breaks down, the entire market would follow the same route.\u003cbr /\u003e\u003cbr /\u003eThe above mentioned Forex strategies are simple examples of technical analysis applied to Forex trading. These two strategies also have a risk control element built-in in them. A trader is suggested to make use of as many such proven strategies as possible. Proper research and the use of various strategies used by professional traders can take you a long way.\u003cbr /\u003e\u003cbr /\u003eWhy Do Strategies Help One Win?\u003cbr /\u003e\u003cbr /\u003eOnce you start working around proven Forex strategies you are sure to emerge a winner because:\u003cbr /\u003e\u003cbr /\u003eYou'll have an edge over others.\u003cbr /\u003eThe use of tried and tested strategies would reduce your indecisiveness and fear.\u003cbr /\u003eYou would be able to read entry setups as well as end moves before other do. \u003cbr /\u003eStrategies would help you read and understand the market better.\u003cbr /\u003eYou'll learn to exit and make profits before the opportunity vanishes. \u003cbr /\u003eLast but not the least; you would be able to implement the strategies to make profits without having to install costly software and trading systems.\u003cbr /\u003e\u003cbr /\u003e\u003cbr /\u003eTo sum up, once you learn to use the various Forex strategies to your advantage, you'll realize that making money in the Forex market is actually no big deal at all.\u003cbr /\u003eAmin Sadaks is the leader in Forex education. Learn more about his Forex training experience at http://www.forexcommander.com.\u003cbr /\u003e\u003cbr /\u003eArticle Source: http://EzineArticles.com/?expert\u003dAmin_Sadaks\u003cbr /\u003e\u003cbr /\u003ehttp://ezinearticles.com/?Some-Proven-Forex-Strategies\u0026id\u003d1861501\u003cdiv class\u003d\"blogger-post-footer\"\u003e\u003cimg width\u003d'1' height\u003d'1' src\u003d'https://blogger.googleusercontent.com/tracker/2175455701587725871-6879567754409608023?l\u003ddebitconsolidate4u.blogspot.com' alt\u003d'' /\u003e\u003c/div\u003e"},"link":[{"rel":"replies","type":"application/atom+xml","href":"http://debitconsolidate4u.blogspot.com/feeds/6879567754409608023/comments/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"https://www.blogger.com/comment.g?blogID\u003d2175455701587725871\u0026postID\u003d6879567754409608023","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http://www.blogger.com/feeds/2175455701587725871/posts/default/6879567754409608023"},{"rel":"self","type":"application/atom+xml","href":"http://www.blogger.com/feeds/2175455701587725871/posts/default/6879567754409608023"},{"rel":"alternate","type":"text/html","href":"http://debitconsolidate4u.blogspot.com/2009/01/some-proven-forex-strategies.html","title":"Some Proven Forex Strategies"}],"author":[{"name":{"$t":"ritu"},"uri":{"$t":"http://www.blogger.com/profile/16009487792000673522"},"email":{"$t":"noreply@blogger.com"},"gd$extendedProperty":{"xmlns$gd":"http://schemas.google.com/g/2005","name":"OpenSocialUserId","value":"15941633861200988147"}}],"thr$total":{"xmlns$thr":"http://purl.org/syndication/thread/1.0","$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-2175455701587725871.post-3543977297525967107"},"published":{"$t":"2009-01-21T23:18:00.000-08:00"},"updated":{"$t":"2009-01-23T01:02:20.002-08:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"asian stock exchange"},{"scheme":"http://www.blogger.com/atom/ns#","term":"advantage trading"}],"title":{"type":"text","$t":"7 Keys To Choosing A Good Forex Trading System"},"content":{"type":"html","$t":"Forex Trading Systems: \u003cbr /\u003e\u003cbr /\u003eSo you want to choose a good forex system, one that will be worth your time and effort learning how to trade? \u003cbr /\u003e\u003cbr /\u003eWell, there are a couple of key points to keep clearly in mind, even before you go out hunting for a system to learn. \u003cbr /\u003e\u003cbr /\u003eFirstly, realize that some systems perform better or are more consistent than others. Yes, it's true that this in itself is in the eye of the beholder, as everyone is different. But say you're comparing two daily systems, and they're very similar in time required to trade it, but the first has better profitability and better consistency, with a smaller draw down, then for most people, the first is a system that may be more attractive. \u003cbr /\u003e\u003cbr /\u003eThe second point to consider is that systems differ vastly in the amount of time that's required to trade it. Some systems are take less time to trade, while some require you to be at the screen several times a day, or more. This is a question therefore about what suits your lifestyle. \u003cbr /\u003e\u003cbr /\u003eWhat we're looking for is a currency trading system that's profitable enough - and this is different for everybody, that has an acceptable draw down, and that actually fits into our daily routine! \u003cbr /\u003e\u003cbr /\u003eThis is important, as when any of these factors are not there, we'll find ourselves unable, or unwilling trade the system. \u003cbr /\u003e\u003cbr /\u003eBy the time you've read this article, you'll know how to choose a forex system that's worth the time and effort to learn as prosper from! \u003cbr /\u003e\u003cbr /\u003eSo here are the 7 power points when checking out a forex system or training course that you've found: \u003cbr /\u003e\u003cbr /\u003e1. The profitability of the system. \u003cbr /\u003e\u003cbr /\u003eThis is shown as either pips per month, or when assuming a certain float amount, the dollar amounts per month. \u003cbr /\u003e\u003cbr /\u003eThese profit figures are often quoted in pips per month, as it's one way of comparing trading systems, despite the fact that people are trading different trade sizes. \u003cbr /\u003e\u003cbr /\u003eHowever, when looking at pip profit figures, just be aware that if you assume a fixed risk model, that the average face value that people will trade with any given float, will depend on the average risk per trade. This in turn, depends on the average stop loss distance for that system. But the stop loss distance is not often quoted. \u003cbr /\u003e\u003cbr /\u003eAs an example, say you want to trade with a 2% fixed risk model. If the average risk per trade in the first system is say 30 pips, and in the second system is 60 pips, then the average face value would be twice the size in the first system for any given float. If both systems produce the same average pip profit per trade, say 100 pips, the first system will, in terms of dollar amounts, produce the higher profit. \u003cbr /\u003e\u003cbr /\u003eIf on the other hand, we're assuming a fixed dollar risk model, then the amounts you put in will depend on the size of the float. \u003cbr /\u003e\u003cbr /\u003e2. The maximum draw down either historical or based on real trading. \u003cbr /\u003e\u003cbr /\u003eThe maximum historical draw down of a system is the largest decrease in equity that has happened in the past during back testing or real time trading of the system. \u003cbr /\u003e\u003cbr /\u003eWhen comparing draw down between systems, you can either look at pips, or if using a assumed float, look at the dollar value. Then with this dollar value, express it as a percentage of the cash float used. For example, if the maximum historical draw down was $6000 based on a $10 000 cash float, then the draw down is 60%, expressed as a percentage of the cash float. \u003cbr /\u003e\u003cbr /\u003eAs well as using this draw down figure to compare systems, you can also use it to figure out the amount of funds you'd need to start trading the system. \u003cbr /\u003e\u003cbr /\u003eIn the example we just mentioned, you'd need at least $16 000 in the beginning ideally, to trade the system. That is $10 000 float plus backup of $6000. This is in case a drawdown occurs when you first start trading, not months or years after you start. It's wise to be prudent and to have backup. \u003cbr /\u003e\u003cbr /\u003e3. What's the win loss ratio of the system? \u003cbr /\u003e\u003cbr /\u003eThe “win-loss” ratio of the system, is the percentage of winning trades compared to losing trades. A high win-loss ratio is a bonus, in that the system may be psychologically easier to trade. \u003cbr /\u003e\u003cbr /\u003eBut more ultimately, you need to look at both the win loss and profit loss ratio, which we come to now… \u003cbr /\u003e\u003cbr /\u003e4. The “profit-loss” ratio of the system. \u003cbr /\u003e\u003cbr /\u003eThe “profit-loss” ratio is the average size of winning trades compared to losing trades. \u003cbr /\u003e\u003cbr /\u003eA high ratio means that the system is pretty robust. And this is a strength. \u003cbr /\u003e\u003cbr /\u003eSo if the “profit-loss” ratio multiplied by the “win-loss” ratio is greater than one, then you're on the right track, that is, the system is profitable. You'd want this ratio to be 2 or 3 or more, not just bordering on one, which means that the system is profitable with a good edge. \u003cbr /\u003e\u003cbr /\u003e5. The consistency of the Forex system, by month and by year. \u003cbr /\u003e\u003cbr /\u003eIf you can find a profitable system, with a reasonable draw down, and is very consistent, then that's great. Look at the monthly, quarterly and yearly results to best tell this. \u003cbr /\u003e\u003cbr /\u003eSome people won't mind a slightly higher draw down and less consistency, if the profitability was much higher. However, others depending on their circumstances and personality may want consistency more than profitability, to an extent. There's a different sweet spot for everybody! What's your sweet spot? \u003cbr /\u003e\u003cbr /\u003e6. How much time do you need to trade the system each day? \u003cbr /\u003e\u003cbr /\u003eSome forex systems require about 15 minutes a day to trade, and these are usually daily systems. And others need a few hours per day to achieve similar returns. \u003cbr /\u003e\u003cbr /\u003eOn a slightly different note, some forex systems trade the major economic announcements. In these systems of course, you know exactly when you need to be at the computer. Do you want to be a day trader, or do you prefer to trade a short time a day and then focus your day on other businesses? \u003cbr /\u003e\u003cbr /\u003e7. Is the system quite systematic, quite discretionary, or a combination of the two? \u003cbr /\u003e\u003cbr /\u003eA mostly mechanical system is an advantage in that they're teachable and learnable. There's less need to learn discretionary skills that come from real-time paper and live trading, although it's rarer to find systems that are 100% mechanical. \u003cbr /\u003e\u003cbr /\u003eFor example, when putting in your support and resistance lines, does the course give you clear rules so that your lines, and therefore your trading decisions will be close to that of the person that's teaching you, or the mentor that developed the system. \u003cbr /\u003e\u003cbr /\u003eEven better, do they have weekly examples of how they draw their lines to fine tune your drawing of these lines? \u003cbr /\u003e\u003cbr /\u003eSo when checking out a forex course, keep these points in mind. \u003cbr /\u003e\u003cbr /\u003eAnd have some practice looking at various forex strategies for yourself so you get familiar with what's around. \u003cbr /\u003eYou want a system that was worth learning and trading, not one that causes frustration! \u003cbr /\u003e\u003cbr /\u003eNow you have some tools under your belt to help you properly look at forex systems.\u003cbr /\u003e\u003cp\u003e\u003cbr /\u003e\u003c/p\u003e\u003cp\u003eArtical Source:-\u003c/p\u003e\u003cp\u003ehttp://www.forexfactory.com/showthread.php?t\u003d28809\u003c/p\u003e\u003cp\u003ehttp://www.forexfactory.com/search.php?searchid\u003d4919776\u003c/p\u003e\u003cdiv class\u003d\"blogger-post-footer\"\u003e\u003cimg width\u003d'1' height\u003d'1' src\u003d'https://blogger.googleusercontent.com/tracker/2175455701587725871-3543977297525967107?l\u003ddebitconsolidate4u.blogspot.com' alt\u003d'' /\u003e\u003c/div\u003e"},"link":[{"rel":"replies","type":"application/atom+xml","href":"http://debitconsolidate4u.blogspot.com/feeds/3543977297525967107/comments/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"https://www.blogger.com/comment.g?blogID\u003d2175455701587725871\u0026postID\u003d3543977297525967107","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http://www.blogger.com/feeds/2175455701587725871/posts/default/3543977297525967107"},{"rel":"self","type":"application/atom+xml","href":"http://www.blogger.com/feeds/2175455701587725871/posts/default/3543977297525967107"},{"rel":"alternate","type":"text/html","href":"http://debitconsolidate4u.blogspot.com/2009/01/7-keys-to-choosing-good-forex-trading.html","title":"7 Keys To Choosing A Good Forex Trading System"}],"author":[{"name":{"$t":"ritu"},"uri":{"$t":"http://www.blogger.com/profile/16009487792000673522"},"email":{"$t":"noreply@blogger.com"},"gd$extendedProperty":{"xmlns$gd":"http://schemas.google.com/g/2005","name":"OpenSocialUserId","value":"15941633861200988147"}}],"thr$total":{"xmlns$thr":"http://purl.org/syndication/thread/1.0","$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-2175455701587725871.post-1745231906289733807"},"published":{"$t":"2009-01-21T22:59:00.000-08:00"},"updated":{"$t":"2009-01-23T01:02:20.003-08:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"asian stock exchange"},{"scheme":"http://www.blogger.com/atom/ns#","term":"advantage trading"}],"title":{"type":"text","$t":"Forex Trading: Incorporating Price Behavior into a Forex Trading System"},"content":{"type":"html","$t":"Trading the Forex market has become very popular in the last few years. But how difficult is it to achieve success in the Forex trading arena? Or let me rephrase this question, how many traders achieve consistent profitable results trading the Forex market? Unfortunately very few, only 5% of traders achieve this goal. One of the main reasons of this is because Forex traders focus in the wrong information to make their trading decisions and totally forget about the most important factor: Price behavior.\u003cbr /\u003e\u003cbr /\u003eMost Forex trading systems are made off technical indicators (a moving average (MA) crossover, overbought/oversold conditions in an oscillator, etc.) But what are technical indicators? They are just a series of data points plotted in a chart; these points are derived from a mathematical formula applied to the price of any given currency pair. In other words, it is a chart of price plotted in a different way that helps us see other aspects of price.\u003cbr /\u003e\u003cbr /\u003eThere is an important implication on this definition of technical indicators. The fact that the readings obtained from them are based on price action. Take for instance a long MA crossover signal, the price has gone up enough to make the short period MA crossover the long period MA generating a long signal. Most traders see it as “the MA crossover made the price go up,” but it happened the other way around, the MA crossover signal occurred because the price went up. Where I’m trying to get here is that at the end, price behavior dictates how an indicator will act, and this should be taken into consideration on any trading decision made.\u003cbr /\u003e\u003cbr /\u003eTrading decisions based on technical indicators without taking price action into consideration will give us less accurate results. For example, again a long signal generated by a MA crossover as the market approaches an important resistance level. If the price suddenly starts to bounce back off that important level there is no point on taking this signal, price action is telling us the market doesn’t want to go up. Most of the time, under this circumstances, the market will continue to fall down, disregarding the MA crossover.\u003cbr /\u003e\u003cbr /\u003eDon’t get me wrong here, technical indicators are a very important aspect of trading. They help us see certain conditions that are otherwise difficult to see by watching pure price action. But when it comes to pull the trigger, price action incorporation into our Forex trading system will definitely put the odds in our favor, it will generate higher probability trades.\u003cbr /\u003e\u003cbr /\u003eSo, how to create a perfect Forex trading system?\u003cbr /\u003e\u003cbr /\u003eFirst of all, you need to make sure your trading system fits your trading personality; otherwise you will find it hard to follow it. Every trader has different needs and goals, thus there is no system that perfectly fits all traders. You need to make your own research on various trading styles and technical indicators until you find a concept that perfectly works for you. Make sure you know the nature of whatever technical indicator used.\u003cbr /\u003e\u003cbr /\u003eSecondly, incorporate price action into your system. So you only take long signals if the price behavior tells you the market wants to go up, and short signals if the market gives you indication that it will go down.\u003cbr /\u003e\u003cbr /\u003eThird, and most importantly, you need to have the discipline to follow your Forex trading system rigorously. Try it first on a demo account, then move on to a small account and finally when feeling comfortably and being consistent profitable apply your system in a regular account.\u003cbr /\u003e\u003cbr /\u003eArtical Source:-\u003cbr /\u003eEmail: info@straightforex.com\u003cbr /\u003eWeb: http://www.straightforex.com\u003cdiv class\u003d\"blogger-post-footer\"\u003e\u003cimg width\u003d'1' height\u003d'1' src\u003d'https://blogger.googleusercontent.com/tracker/2175455701587725871-1745231906289733807?l\u003ddebitconsolidate4u.blogspot.com' alt\u003d'' /\u003e\u003c/div\u003e"},"link":[{"rel":"replies","type":"application/atom+xml","href":"http://debitconsolidate4u.blogspot.com/feeds/1745231906289733807/comments/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"https://www.blogger.com/comment.g?blogID\u003d2175455701587725871\u0026postID\u003d1745231906289733807","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http://www.blogger.com/feeds/2175455701587725871/posts/default/1745231906289733807"},{"rel":"self","type":"application/atom+xml","href":"http://www.blogger.com/feeds/2175455701587725871/posts/default/1745231906289733807"},{"rel":"alternate","type":"text/html","href":"http://debitconsolidate4u.blogspot.com/2009/01/forex-trading-incorporating-price.html","title":"Forex Trading: Incorporating Price Behavior into a Forex Trading System"}],"author":[{"name":{"$t":"ritu"},"uri":{"$t":"http://www.blogger.com/profile/16009487792000673522"},"email":{"$t":"noreply@blogger.com"},"gd$extendedProperty":{"xmlns$gd":"http://schemas.google.com/g/2005","name":"OpenSocialUserId","value":"15941633861200988147"}}],"thr$total":{"xmlns$thr":"http://purl.org/syndication/thread/1.0","$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-2175455701587725871.post-3072922677685447890"},"published":{"$t":"2009-01-19T06:28:00.000-08:00"},"updated":{"$t":"2009-01-23T01:02:20.004-08:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"asian stock exchange"},{"scheme":"http://www.blogger.com/atom/ns#","term":"advantage trading"}],"title":{"type":"text","$t":"Automated Forex Robots - Why Professional Traders Don't Use Them"},"content":{"type":"html","$t":"I have been a broker, worked in a fund management house and educate traders and I can tell you in my 25 years of trading experience, I have never seen any serious trader use the few hundred buck robots that are supposed to lead you to success - Why? Because they don't make money...\u003cbr /\u003eOf course if you look at there track records of must Forex robots they have better track records than the world's top traders who are on multi million pound salaries and yet, many robots claim you can double your money every month and all for the price of a night out. The reality of course is they never deliver and the reason is obvious.\u003cbr /\u003eThey lose money!\u003cbr /\u003eThe track records are either back tests, (in simple terms this means made up knowing the closing prices) or presented by the vendor themselves with no independent verification, no audit by a third party is ever presented. Hardly inspires confidence does it?\u003cbr /\u003eAll Hype and No Substance\u003cbr /\u003eThe hype in the copy is that you can make money in your sleep, while your playing golf or having a beer, simply switch the computer on, leave it and make money - but if this were true, the whole world would be trading and no one would bother to work.\u003cbr /\u003eIn Forex trading lets make a point clear - you don't make money easily! 95% of traders lose and in the case of the cheap Forex robots it's 100%\u003cbr /\u003eThe robots are all supposed to have been devised by whiz kids, nerds or insiders and one site I know actually took a few of the well known \"traders\" and showed where they had come from, a site of actors!\u003cbr /\u003eThe systems present unrealistic gains which even Warren Buffet couldn't match and traders believe them.\u003cbr /\u003eSensible people suddenly become blinded by greed. Now lets look at how to make money and what you have to do.\u003cbr /\u003eHow to Make Money In Forex\u003cbr /\u003eSerious traders know that like in all areas of life, you have to learn skills and learn to apply them with discipline. They don't buy into the myth that Forex is a walk in the park - because its not. Of course if you are prepared to get the right Forex education, learn skills and apply them, you can make huge rewards for your efforts.\u003cbr /\u003eIf you take Forex trading seriously and put in effort you can win, think Forex trading is a walk in the park and you don't have to make any effort and you will lose, its as simple as that.\u003cbr /\u003eNEW! 2 X FREE ESSENTIAL TRADER PDFSESSENTIAL FOREX TRADING COURSE\u003cbr /\u003eFor free 2 x trading Pdf's, with 50 of pages of essential info and a RISK FREE \u003ca id\u003d\"link_74\" href\u003d\"http://www.learncurrencytradingonline.com/subscribe.html\" target\u003d\"_new\"\u003eForex Trading Course\u003c/a\u003e visit our website at: \u003ca id\u003d\"link_75\" href\u003d\"http://www.learncurrencytradingonline.com/\" target\u003d\"_new\"\u003ehttp://www.learncurrencytradingonline.com\u003c/a\u003e.\u003cbr /\u003eArticle Source: \u003ca id\u003d\"link_76\" href\u003d\"http://ezinearticles.com/?expert\u003dKelly_Price\"\u003ehttp://EzineArticles.com/?expert\u003dKelly_Price\u003c/a\u003e\u003cbr /\u003e\u003cbr /\u003e\u003ca href\u003d\"http://ezinearticles.com/?Automated-Forex-Robots---Why-Professional-Traders-Dont-Use-Them\u0026amp;id\u003d1837872\"\u003ehttp://ezinearticles.com/?Automated-Forex-Robots---Why-Professional-Traders-Dont-Use-Them\u0026amp;id\u003d1837872\u003c/a\u003e\u003cdiv class\u003d\"blogger-post-footer\"\u003e\u003cimg width\u003d'1' height\u003d'1' src\u003d'https://blogger.googleusercontent.com/tracker/2175455701587725871-3072922677685447890?l\u003ddebitconsolidate4u.blogspot.com' alt\u003d'' /\u003e\u003c/div\u003e"},"link":[{"rel":"replies","type":"application/atom+xml","href":"http://debitconsolidate4u.blogspot.com/feeds/3072922677685447890/comments/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"https://www.blogger.com/comment.g?blogID\u003d2175455701587725871\u0026postID\u003d3072922677685447890","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http://www.blogger.com/feeds/2175455701587725871/posts/default/3072922677685447890"},{"rel":"self","type":"application/atom+xml","href":"http://www.blogger.com/feeds/2175455701587725871/posts/default/3072922677685447890"},{"rel":"alternate","type":"text/html","href":"http://debitconsolidate4u.blogspot.com/2009/01/automated-forex-robots-why-professional.html","title":"Automated Forex Robots - Why Professional Traders Don't Use Them"}],"author":[{"name":{"$t":"ritu"},"uri":{"$t":"http://www.blogger.com/profile/16009487792000673522"},"email":{"$t":"noreply@blogger.com"},"gd$extendedProperty":{"xmlns$gd":"http://schemas.google.com/g/2005","name":"OpenSocialUserId","value":"15941633861200988147"}}],"thr$total":{"xmlns$thr":"http://purl.org/syndication/thread/1.0","$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-2175455701587725871.post-3717325964678385992"},"published":{"$t":"2009-01-17T07:48:00.000-08:00"},"updated":{"$t":"2009-01-23T01:02:20.005-08:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"asian stock exchange"},{"scheme":"http://www.blogger.com/atom/ns#","term":"advantage trading"}],"title":{"type":"text","$t":"Forex Trading - A Simple Method That Makes Huge Gains"},"content":{"type":"html","$t":"If you are just starting out in Forex then if you base your Forex trading strategy on the following method, you will have a simple to understand methodology that works and will make big consistent gains...\u003cbr /\u003eThe methodology is simple - buy breaks to new chart highs and lows and it works.\u003cbr /\u003eWhy?\u003cbr /\u003eBecause all major Forex trends start and continue from new market highs or lows and as Forex markets trend long term, these breakouts can get you in and keep you in all the big moves.\u003cbr /\u003eOf course most traders won't buy or sell breakouts.\u003cbr /\u003eThey always want to get in at a better price and wait for a retracment but breakouts of significant support and resistance don't come back, they sail on over the horizon. What these traders don't realize is you have to miss a bit at the start as the breakout is confirmed but that doesn't matter!\u003cbr /\u003eThere is plenty more to come in terms of profit and you should not try and be perfect with your market timing, you should aim to make money and get the odds on your side and that's what breakout trading does.\u003cbr /\u003eSo how do you spot a good breakout?\u003cbr /\u003eOf course not all breakouts are equal and the key is to look for valid support and resistance and levels the market feels are important and you should do this on a daily chart many try it on short term intra day charts and the levels are not valid so it's the daily chart and you want:\u003cbr /\u003e2 X tests of a level is the minimum but the more the better and the wider they are spaced apart the better. You looking for the areas the market participants will see as important and the more times its tested the more they will!\u003cbr /\u003eTrading Them\u003cbr /\u003eSimply wait for the level to break and then confirm the move, with some momentum indicators. These will give you an indication of whether momentum is turning up on the break and two good ones are - the RSI and Stochastic. There easy to use and give you at a glance, how strong momentum is; there quick and easy to learn so look them up and use them to confirm your moves.\u003cbr /\u003eStops\u003cbr /\u003eOnce you are in the market, your stop goes below the breakout point, the key now is to hold the stop back and trail it slowly.\u003cbr /\u003eDon't move it too quickly so you get taken out by random volatility. Allow the market to breathe and accept drawdown in open equity and keep your eyes on the longer term.\u003cbr /\u003eSimple and Effective\u003cbr /\u003eAnyone can do breakout trading and win and I know traders who only trade a few times a month at most yet, make triple digit profits in 30 minutes a day and you can too. Learn to trade breakouts and you will have a timeless way of making money and enjoy currency trading success.\u003cbr /\u003eNEW! 2 X FREE ESSENTIAL TRADER PDFSESSENTIAL FOREX TRADING COURSE\u003cbr /\u003eFor free 2 x trading Pdf's, with 50 of pages of essential info and a PROVEN \u003ca id\u003d\"link_74\" href\u003d\"http://www.learncurrencytradingonline.com/subscribe.html\" target\u003d\"_new\"\u003eForex Breakout Trading System\u003c/a\u003e visit our website at: \u003ca id\u003d\"link_75\" href\u003d\"http://www.learncurrencytradingonline.com/\" target\u003d\"_new\"\u003ehttp://www.learncurrencytradingonline.com\u003c/a\u003e.\u003cbr /\u003eArticle Source: \u003ca id\u003d\"link_76\" href\u003d\"http://ezinearticles.com/?expert\u003dKelly_Price\"\u003ehttp://EzineArticles.com/?expert\u003dKelly_Price\u003c/a\u003e\u003cdiv class\u003d\"blogger-post-footer\"\u003e\u003cimg width\u003d'1' height\u003d'1' src\u003d'https://blogger.googleusercontent.com/tracker/2175455701587725871-3717325964678385992?l\u003ddebitconsolidate4u.blogspot.com' alt\u003d'' /\u003e\u003c/div\u003e"},"link":[{"rel":"replies","type":"application/atom+xml","href":"http://debitconsolidate4u.blogspot.com/feeds/3717325964678385992/comments/default","title":"Post Comments"},{"rel":"replies","type":"text/html","href":"https://www.blogger.com/comment.g?blogID\u003d2175455701587725871\u0026postID\u003d3717325964678385992","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"http://www.blogger.com/feeds/2175455701587725871/posts/default/3717325964678385992"},{"rel":"self","type":"application/atom+xml","href":"http://www.blogger.com/feeds/2175455701587725871/posts/default/3717325964678385992"},{"rel":"alternate","type":"text/html","href":"http://debitconsolidate4u.blogspot.com/2009/01/forex-trading-simple-method-that-makes.html","title":"Forex Trading - A Simple Method That Makes Huge Gains"}],"author":[{"name":{"$t":"ritu"},"uri":{"$t":"http://www.blogger.com/profile/16009487792000673522"},"email":{"$t":"noreply@blogger.com"},"gd$extendedProperty":{"xmlns$gd":"http://schemas.google.com/g/2005","name":"OpenSocialUserId","value":"15941633861200988147"}}],"thr$total":{"xmlns$thr":"http://purl.org/syndication/thread/1.0","$t":"0"}}]}});