Friday, September 3, 2010

Trading Economic Releases: Don’t Jump In

Trading Economic Releases: Don’t Jump In

Have you ever asked yourself why did a currency fall if the economic figure was positive. Shouldn’t the currency continue rallying? The answer is: not necessarily Markets have the keen concept of speculating. According to Investopedia, the main purpose of speculation is “to profit from betting on the direction in which an asset will be [...]

Managing Forex Risk with Precision Entries

Managing Forex Risk with Precision Entries

This article outlines the process for executing precision entries. The risk/reward ratio for this method is in the range

Back testing your Trading: The Skeptic’s Triumph

Back testing your Trading: The Skeptic’s Triumph

Back testing is popular, but it is not very reliable. There are many reasons that make it ineffective

FXD Series: A Closer Look Into ForexDistrict’s Trade Ideas

FXD Series: A Closer Look Into ForexDistrict’s Trade Ideas

The Following article will be the first in a series of posts that will help you get a deeper understanding into the technical trade ideas supplied here at ForexDistrict.com.

What To Do When You Have A Losing Trade

Whether you are an experienced trader or just a beginner, it’s important to know how to handle the losing trades you’ll inevitable have.

Forex as a Business: 10 Things to Keep in Mind

Setting out a business or an entrepreneurial venture may require over five years time before profitability is even reached. In fact, according to several statistics, 50% of businesses fail in the first year while 90% tend to fail within the first five.

The Currency Carry Trade: Make money while sleeping

The forex market is volatile. It is difficult to know where the price of a currency pair will be in the next minute, hour, let alone the day or month.

Forex Success – Top Ten Tips (Part 3)

Personal Qualities of the Trader

The positions vacant ad reads like this:

“Traders Wanted – Must be dynamic, spirited, have high pain thresholds. Finely tuned bullsh*t meter an advantage.