vendredi 27 février 2009

Choosing the Most Profitable Forex

01:03 Posted by: Marokko Suche 0 comments

By Amanda Somrekli

Whatever strategy an investor will choose to use will depend on his preference. Some strategies may work for one without working for the other. This is because every investor wants to realize profits in their own way and in their own pace.

Using these practical strategies will surely help the investor make his choice in what stocks to buy and when to buy them. Online Forex trading strategies are, after all, simple guides to survive in the world of stock trading.

The only way to know if a Forex robot works is to test it in a live environment first to confirm that it really works. Out of all the trading software that I have tested, less than 10% of them can produce a profit over the long term.

Wait to trade the confirmation of price change on the chart and use some momentum indicators to confirm your trade, that way you will have the odds on your side and a greater chance of success.

Figuring out exits is similar to predicting the future. It is extremely difficult if not impossible. Knowing for sure where to exit requires aiming for a specific target. However, keep in mind that setting a target restricts the profits from running.

Above are three Forex strategies that are proven money makers that will provide you a diversified portfolio to start your trading career with and hopefully you will be able to add more in the future as your understand of the markets improve.

Do you want to learn the best Forex scalping strategy? Scalpers in the currencies market usually find themselves making 6 or more trades per day, depending on the volatility of the markets on that day. It is very different from other methods of trading like swing and day trading. It requires a completely different set of strategies and mindset in order to profit successfully from it.

This is how it is played: At the point in which the currency crosses above the twelve period SMA, it should be regarded as a clear signal to buy at the market.

The opposite reaction signals a move also. Below the twelve period SMA: Once the currency does this it is a clear signal to "Stop and Reverse," This is also referred to as the SAR. Another way of explaining this move is to short the move and liquidate the long position.

During the last few years, the financial and programming communities have come together and designed and implemented automated Forex trading systems or Forex robots that are actually programmed with the top Forex trading strategies.

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