Saturday, July 31, 2010

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.

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.

Forex Success – Top Ten Tips (Part 2)

So you have opened a position at what you believe is the right moment, now what? How do you manage that trade in the best way possible?

Forex Success – Top Ten Tips (Part 1)

Ever wondered how the elite group of successful Forex traders got to be that way – successful and highly profitable? Do you have what it takes to join the club? Can you survive the same Forex “apprenticeship”?

The 4 Stages to Forex Profitability

The process of training the mind and acquiring the necessary TA and market skill to obtain competence and trade successfully takes time. Psychology’s competence matrix has much application to trading.

Managing the Emotion of Trading Forex

Exhilarating, ecstatic, euphoric. Exasperating, frustrating, infuriating, agonizing. Just a few of the emotions Forex traders experience as a normal part of the trading week.

Trading the 24/5 Forex Waves for Profit

Just like surfing the ocean waves, there is a right time of day to catch the incoming or outgoing Forex tide waves.  When the time comes and “the surf is up”, there is also an exact right moment to harness the maximum power of the individual wave as it approaches (on the cusp of breaking) [...]

Forex Trading Styles, Profit Targets and Stop Losses

One of the difficulties traders often experience early on is deciding on what kind of trading style will work best for them – whether to capture the big moves or to be content with the intra-day action.  Being clear from the outset about what kind of trading style you plan to implement is important because [...]