After hitting a TP order, the market may continue to move in your trades direction, hurting your profitability. TP’s prevent reversals against winning trades and allow you to lock in profits. But the only way to be sure, is to analyze your trades and determine what works best for your strategy. It is clear to see that where we got out is nowhere near the overall move that the market made, in fact, the market fell another 700 pips after the TP exit .
The moment the exchange rate reaches th […]
Swing traders don’t have to pay that much attention to the time of day they place their trades. Since their holding period is much longer, intraday volatility doesn’t impact their performance to a large extent. Still, swing traders should try to avoid opening trades during very illiquid market hours, since spreads and trading costs can significantly widen during those times. Your trading account requires different levels of funding depending on the style you choose. Scalpers are les […]
STP Forex brokers promise to offer a highly transparent trading environment that is devoid of any conflict of interest with its clients. Just as with ECN, STP trading account offers the same wide selection of tradable financial instruments.
As we’ve touched on above, fund segregation is used by many different companies and the principle is always the same. Put simply, a company keeps your funds separately to its own for the protection of your money. As we have said, we highly recommend th […]
Every day it seems like there are a ton of plays out there. We’re seeing a lot of stocks that follow repeatable patterns, then knock out monster swings.
SRO proposed rules are subject to SEC review and published to solicit public comment. While many SRO proposed rules are effective upon filing, some are subject to SEC approval before they can go into effect. The Securities Exchange Act requires disclosure of important information by anyone seeking to acquire more than 5 percent of a compa […]
One key to success is to identify strategies that win more money than they lose. Indeed, success in trading is difficult and the consistently profitable traders share specific rare characteristics.
The most suitable currency pairs to trade using this strategy are the EUR/USD, USD/JPY, GBP/USD, and the AUD/USD. In regards to Forex trading strategies resources used for this type of strategy, the MACD is the most suitable which is available on both MetaTrader 4 and MetaTrader 5.
Best Forex Strateg […]
Really I would like to thank you for providing such a wonderful Price Action Trading course for free of cost. As you rightly pointed out that most of the PAT course in the market covers the same material as yours and you have provided for free. God bless you and helps to change your mindset to have a proper money management. I want to start a real account with an initial capital of $ 150, what is approximately lavarage should I use .and how many risks I use. This is because forex is not a centr […]
