Expert Forex Systems

Sat, 19 Apr 2014 20:13:16 GMT

«Market Leader» - news and previews making you rich.

TeleTrade's Trading Expert Shares His Tips On Trading Non-Farm Payrolls
«Market Leader» - news and previews making you rich.
At this point, most of those people address Petr Pushkarev since they want to become as successful in trading Forex as he is. Most of the questions are related to Non-Farm Payrolls – one of the key indicators taken into account in fundamental analysis. This is ...

Sat, 12 Apr 2014 17:53:34 GMT

«Market Leader» - news and previews making you rich.

Traders Share GBPUSD Trading Tips
«Market Leader» - news and previews making you rich.
The strengthening of the British Pound exerted severe pressure on the US Dollar. In its turn, the weakening of the US Dollar pushed gold prices higher. Still, despite the negative correlation between the US currency and gold, the latter keeps lagging behind ...

Forex Trading Tips and Tricks

Forex traders who have been around the block once or twice naturally glean a lot of forex related info; they know what information is important and what they can dismiss as irrelevant.  Forex newbie can certainly benefit from these FX tips and tricks, but even an old-timer might learn a thing or two.

Scam warning:  Many unscrupulous forex brokerage websites will attempt to lure you in with cash deposit matching offers or the promise of reduced fees.  They know that once theyve snagged your attention youre as good as caught.  Read the fine print.  Know exactly who you are dealing with, where theyre from, what protections they offer you and what to expect from them. 

What turns ordinary into extraordinary? If youve found a forex trading system that you feel comfortable in trading, congratulations! That was the easy part. Whats trickier is developing a trading strategy that will consistently work. A good system is one that allows you to generate profits consistently, even with a low draw down; finding one that does just that should be your goal.

Experience (a.k.a. the best teacher( is important, but not absolutely necessary to successful forex trading.  The old timers might disagree, but the fact is all you need is a good trading plan that you can trade consistently and the ability to disassociate your emotions from your forex trading.

There should be no sin or shame in asking for help; even experienced traders need a little assistance now and then.  Your broker should offer 24/7 customer service, either through instant messaging, email or phone access.

And if the help you need is more theoretical, you shouldnt hesitate to look for help in the form of a mentor who can guide you to the right answers.  Once youve found that mentor, whether it is a human being or an informative website, latch on and hold tight because their service can be invaluable.