while busy with my Final year project on title ""TECHNICAL ANALYSIS TO IMPROVE PROFITABILITY AND REDUCE RISK ON FOREX INVESTMENT" i'm still cannot stop on making research about the best forex method available in the world. To pursue my dream "trading without lost" while many people talk that is just your fantasy but i'm still believe i can do it..i will continue my journey to making my dream "Trading without lost" come true.latest result by forexbeam
while busy with my Final year project on title ""TECHNICAL ANALYSIS TO IMPROVE PROFITABILITY AND REDUCE RISK ON FOREX INVESTMENT" i'm still cannot stop on making research about the best forex method available in the world. To pursue my dream "trading without lost" while many people talk that is just your fantasy but i'm still believe i can do it..i will continue my journey to making my dream "Trading without lost" come true.
Welcome to the new world of online forex trading.
The rapid fluctuations of currency exchange rates are what attract speculators to the
forex market as currencies are highly sensitive, and thus react very fast to changing
economic conditions of countries or regions, changing interest rates and political
happenings around the world. Sometimes central banks of countries attempt to
intervene in the forex market if the policy-makers feel that their country’s currency
is too strong or too weak for their own good.All these factors lead to high volatility of currency prices, which can be taken advantage of by traders who speculate on the direction and magnitude of the current and future price move.
I would like to point out that while movements in certain currency pairs can be
quite volatile in nature, most major currencies generally move less than 1% daily,
which is much lower than that of active stocks, which can easily move between 5-
10% per day. For a rough guide of currency pairs and their relative volatility,
Forex has increasingly become an extremely attractive alternative asset group for
speculators to trade, in addition to the usual staple of stocks and futures.Anyone can trade forex, but not every one can be profitable. That’s the rule of any game – not every one can win.
forex market as currencies are highly sensitive, and thus react very fast to changing
economic conditions of countries or regions, changing interest rates and political
happenings around the world. Sometimes central banks of countries attempt to
intervene in the forex market if the policy-makers feel that their country’s currency
is too strong or too weak for their own good.All these factors lead to high volatility of currency prices, which can be taken advantage of by traders who speculate on the direction and magnitude of the current and future price move.
I would like to point out that while movements in certain currency pairs can be
quite volatile in nature, most major currencies generally move less than 1% daily,
which is much lower than that of active stocks, which can easily move between 5-
10% per day. For a rough guide of currency pairs and their relative volatility,
Forex has increasingly become an extremely attractive alternative asset group for
speculators to trade, in addition to the usual staple of stocks and futures.Anyone can trade forex, but not every one can be profitable. That’s the rule of any game – not every one can win.
7 Winning Strategies in Trading Forex
Strategy 1 – Market Sentiment
The forex market is heavily driven by market sentiment, and it is market sentiment
that influences traders’ decisions by triggering certain emotions and thoughts. Find
out what defines the current market sentiment, and how you can incorporate market
sentiment analysis into your trading.
Strategy 2 – Trend Riding
There is so much more to riding trends than simply closing your eyes and buying
at any point during an uptrend or short-selling at any point during a downtrend.
This chapter shows you how you can jump on a trend when the trend is the most
robust, rather than when it is about to end. This way you can ride a trend with a
higher chance of success.
Strategy 3 – Breakout Fading
Many false breakouts occur in forex price charts, and the occurrence of these
fakeouts provides the perfect opportunity for fading breakouts, that is, trading
against those breakouts. In this chapter, I explain why most breakouts fail, and how
you can identify high-probability fading opportunities.
Strategy 4 – Breakout Trading
When currency prices break out of certain price levels, a large sustained move in
the direction of the breakout may occur, giving rise to a situation whereby big
profits could potentially be captured in the least amount of time. The main problem
with trading breakouts is that many of these breakout attempts fail. In this chapter
I walk you through several guidelines of how you can better identify potential
breakout opportunities for this strategy.
Strategy 5 – Decreased Volatility Breakout
This strategy is conceptually similar to the strategy of breakout trading, because in
both cases the trader will be hoping for a successful price breakout. This particular
strategy, however, requires that the forex market registers a period of relative calm
and low volatility before the strategy is to be implemented.
Strategy 6 – Carry Trade
This is a fundamental trading strategy that is highly favoured by institutional
investors. In this chapter, I explain how a carry trade works, and highlight some
points which you should keep in mind when adopting this strategy in the forex
market.
Strategy 7 – News Straddling
The forex market is extremely sensitive to economic and geopolitical news from
around the world, especially those which relate to the industrialised countries. The
underlying reason why news is so important to forex trading is that each new piece
of information can potentially change the trader’s perceptions of the current and/or
future situation relating to the outlook of certain currency pairs. Find out how you
can trade news releases with a higher probability of success.
The forex market is heavily driven by market sentiment, and it is market sentiment
that influences traders’ decisions by triggering certain emotions and thoughts. Find
out what defines the current market sentiment, and how you can incorporate market
sentiment analysis into your trading.
Strategy 2 – Trend Riding
There is so much more to riding trends than simply closing your eyes and buying
at any point during an uptrend or short-selling at any point during a downtrend.
This chapter shows you how you can jump on a trend when the trend is the most
robust, rather than when it is about to end. This way you can ride a trend with a
higher chance of success.
Strategy 3 – Breakout Fading
Many false breakouts occur in forex price charts, and the occurrence of these
fakeouts provides the perfect opportunity for fading breakouts, that is, trading
against those breakouts. In this chapter, I explain why most breakouts fail, and how
you can identify high-probability fading opportunities.
Strategy 4 – Breakout Trading
When currency prices break out of certain price levels, a large sustained move in
the direction of the breakout may occur, giving rise to a situation whereby big
profits could potentially be captured in the least amount of time. The main problem
with trading breakouts is that many of these breakout attempts fail. In this chapter
I walk you through several guidelines of how you can better identify potential
breakout opportunities for this strategy.
Strategy 5 – Decreased Volatility Breakout
This strategy is conceptually similar to the strategy of breakout trading, because in
both cases the trader will be hoping for a successful price breakout. This particular
strategy, however, requires that the forex market registers a period of relative calm
and low volatility before the strategy is to be implemented.
Strategy 6 – Carry Trade
This is a fundamental trading strategy that is highly favoured by institutional
investors. In this chapter, I explain how a carry trade works, and highlight some
points which you should keep in mind when adopting this strategy in the forex
market.
Strategy 7 – News Straddling
The forex market is extremely sensitive to economic and geopolitical news from
around the world, especially those which relate to the industrialised countries. The
underlying reason why news is so important to forex trading is that each new piece
of information can potentially change the trader’s perceptions of the current and/or
future situation relating to the outlook of certain currency pairs. Find out how you
can trade news releases with a higher probability of success.
