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Euro rate agains US dollar is popular pairs. Many traders trade by use the pair and it make the volatility is very good. Traders have chance to generate decent profit though they are apply scalping method. Spread small also which it can make the traders profit become maximize. I am use this pair...

First is anlyze the market. If we are open positions against the trend, there’s no chance to the price support back our positions. Better we close the order and prevent the capital to going even to get deep red. We should cut the loss. And start to open the new one which according to the trend...

News have significant impact to the price movement. Especially the news which classify as high impact. They can lead the market move in very high range. Even in short period of time. If traders prepared with analysis and make sure the news impact direction in market, have chance to get decent...

Sure, forex trading difficult. Market move ups and downs and seems always against our position if we are have no skills to analyze the market in proper way. Knowledge and understanding about how the market works necessary. That is the reason why we can’t trade in live account right away. We...

Demo account serve no risk and thus, help traders to conduct practice calmly. Traders can make mistakes and tried strategies as many as possible without necessary to losing real money. If traders serious and focus, they’ll able to make skills and knowledge being sharp just by practice in demo...

Aggressive mean traders risking high margin in trading. The goal is chasing big profit per trades. However, it happen when traders get profit only. And if traders suffering loss result, they’ll get high decrease impact to the capital. Such trading approach allowed but the risk in line still with...

If consider that traders need to risking money in order to get profit money. Of course traders need to involve in risky situations. Traders deal with the fact that they can losing money when make wrong trading decisions. However, the risk can be minimized if traders take constant practice and...

Starting to join this business just require investment. But trading and make profit is different cases. Not easy and probably, traders need to get many losses and margin call before able to know how to trading in proper way and implement the strategy effectively.

No doubt that forex is risky investment instrument. There are many people end up with losing money and even in high amount. If people interested in this business, they need to preparing themselves with good knowledge and experience. People should understand the market and analyze it to get the...

Doesn’t expect to get valid income in forex since the market doesn’t give traders easiness. When during a month market move at particular direction smoothly, surely traders income would be high. But if market ranging and trend not clear yet, probably traders will get little profit only.

Every traders must be sad when they are get loss result. However, we need to get used with it. We need to be strong again because we can’t avoid to get loss result. Market complex and changes so fast. Which make our prediction sometimes going to wrong. Moreover, there are no method able to...

Forex is risky and dangerous place to beginners. They are have no knowledge to manage the risk and trade in proper way. When they are doesn’t take practice, they are have no chance to make profit in trading. Indeed, traders can start trading right away in live account. However, better to...

Patience take place since it required not only to waiting good trading setup, but also to found the method, solve problems during learning, etc. trading is a game of patience. If someone unable to patient, he has no chance to end up with successful. And even quit before he able to recover all of...

I am not addicted to trading and doesn’t always spend my time to monitoring trades and search for opportunity. I am work with specific strategy which enabling me to analyze the market trend and riding it. I am leave the chart most of the time and spend little time trades and measuring market...

Traders can trade full time or part time in forex business. Traders free to choose because not all traders have 24 hours time fully to trade. But have other activities which become main priority. Forex allowing traders to trade part time since the market open for full 24 hours. If traders can...

Fear contribute to hesitation. Which often, make traders to not discipline with trading strategy and plan. Traders lean to break the rules of strategy and risk plan if they are involving too much fear in trading. The best way to handle the fear is realize that loss is part of the risk and...

I am satisfied with my current brokers performance. Offering fast execute order and low spread. I can trade with small deposit also since they are allowing me to did it. For long term period, I will keep stick with my current brokers. Hopefully they are able to fulfill my expectation in...

Traders usually choose to trade at london session since it offering good volatility. And continue to the new york session till it end. Many traders choose to not trade in tokyo session since it offering low volatility. Or if market trending, tokyo session is time to the market to retrace. So...

All aspect in the whole book important to traders. Especially when the book teach traders about effective trading. If necessary, traders should review it and select the important point to help traders to create good trading rules or principles.

Hedging method could be profitable as far as traders analyze the exit level properly. Traders open both buy and sell at the same time and should close one of positions first before the other. And the first close positions point out whether traders will end up with profit or loss. Correct timing...