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Strategies

Basic Strategies
                              



Developing a winning forex trading strategy requires genuine education, skill and a disciplined trading plan. We will Guide you learn more about how to a develop a successful currency trading strategies to succeed. 
Basic strategies use simple chart pattern recognition rules and one or two basic indicators. By learning to recognize and trade simple patterns, novice Forex traders will be able to make a much smoother transition to more advanced trading systems and methods.

We start from the very basic Forex trading strategies that will help beginner traders to identify entry and exit points and foresee market turns; and we will gradually advance to more advanced Forex trading systems.


Before we start:
Two words about Stop Loss orders – they should be set either in fixed amount of pips (you may try to use 20-30 pips with those simple Forex systems) or, if chart permits, slightly over the last highest/lowest price swing point.

The best way to succeed in the Forex market and to have an extra or full income is to have and follow a system that works well for you, according to your own time schedule and personality. You might have a 9-5 job and you just can’t watch the market in this period; you may prefer to have more trades and make smaller profits, or you may prefer to have just 1 or 2 trades every week and make more profits…

Following Trends. No matter how many factors you take into account, it still comes down to a degree of guesswork. There is a great deal of money to be made from simply following already existing, reliable trends than jumping in and out as it reverses. Just follow the trends u will achieve.

Have a Trading Plan. Your own plan doesn't have to be very precise. You have to set some limits for yourself. U should not be so greedy. It takes a great deal of discipline to be a successful FOREX trader. Frequently you'll feel your emotions start to play into and affect your decisions, but you've got to do what's ultimately best, think rationally and sell when you need to sell.

Employ a Trading Program. FOREX trading programs are slowly becoming the new standard of trading. These are programs which automatically trade for you by analyzing real time market data and reacting accordingly. They are equally as effective for beginners as well as experienced traderss.
So u will Learn the BEST & SAFE Stratigies from us.


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