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Develop a habit of reviewing and analyzing

Develop a habit of reviewing and analyzing your good and bad trades. Then you will have a much better sense of what will work best in your future trades.

Trading is always full of emotions

Because trading is always full of emotions, you must have a trading strategy which includes a set of rules you stick to. This will help protect you from yourself.

software which aims at predicting future trends

While there are a lot of companies who make money by selling software which aims at predicting future trends, the reality is that if this software really worked, these companies would not be giving the secret away.

Trade wisely

There are many beginners who make trades in any direction. While there is a possibility to make profits both on the upside and downside of a trade, trading in the direction of the trend will give you the best chances for success

Invest in a good Forex trading education

The market is always changing and it may be hard to understand and keep up with these changes unless you invest in a good Forex trading education

Wednesday 15 August 2012

Forex Trading Signals for 16th August 2012




we will SELL on the market rally,,,,,,for GBp/USD

"SELL" 

signal: SELL
Entry Point:  1.56690
Take Profit:  1.56450
Stop Loss:    1.57000

Thereafter,,,when the market has gone down a little bit,,,we will BUY

BUY: GBP/USD
Entry Point: 1.56823
Take Profit:  1.57200
Stop Loss:   1.56500

,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

we will SELL on the market rally,,,,,,for Eur/USD
"SELL" 

signal: SELL
Entry Point:  1.22815
Take Profit:  1.22615
Stop Loss:    1.23200

OR

SELL: EUR/USD
Entry Point: 1.22942
Take Profit:  1.22700
Stop Loss:   1.233240


Wish you all a successful forex trading. Always remember to use your stop loss to avoid much loss on your trading account,,,

Good Luck friends,,,
One Love,,,