Tag Archives: forex trading strategy

Feel lucky for a trade? Verify it first.

Getting emotional when trading is something that happens to everyone. When you are looking at charts, you might suddenly have a flash of something you learned or read about a currency and feel that you have a great trade before … Continue reading

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Minimizing risk by using crosses: Thoughts on trading with the news

If you are trading on news events, you may want to consider using a cross. This can help you get around the uncertainty with American releases and unexpected reactions to them.   Fundamental traders always take economic indicators into consideration, … Continue reading

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How to close hedged by trades on MetaTrader 4 using “Close By” [Video Tutorial]

How do you close hedged trades on MetaTrader 4 platform? If you aren’t careful, you could end up paying twice the commission you should. There is a function called “Close By” which can help traders close opposite trades in one … Continue reading

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Scaling up your forex trading

Let’s say you’ve been trading for a few months now and it seems the results are quite positive. You’ve had both profitable and some losing trades, but, by applying the right risk and reward ratios (RRR), your overall outcome has … Continue reading

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Using a Forex Demo Account for Technical Analysis

Opening a forex demo account is a great way to practice technical analysis. There‚Äôs only a minor difference between having a real account and a demo account at this stage of technical analysis, and you can learn a lot. This … Continue reading

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