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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

Thursday, 23 August 2012

23:55       No comments

Forex: EUR/USD drops to the 1.2540 zone

FXstreet.com (Barcelona) - The single currency is printing fresh session lows, dipping to the proximities of 1.2540 on comments by Germany’s CDU leader Kauder. The official has stated that Germany can’t give Greece more money and that Greece must fulfill its commitments. The official also said that an exit of Greece wouldn’t be a problem.

Ahead in the day, the meeting between A.Merkel and A.Samaras will be closely watched by investors, while Durable Good orders will be released in the US.

EUR/USD is losing 0.12% at 1.2543 as fo writing, with the immediate support at 1.2535 (hourly low Aug.23) would bring 1.2515 (hourly low Aug.22) then 1.2488 (high Aug.21) and 1.2431 (low Aug.22).
On the upside, a break above 1.2608 (high Jul.4) would bring 1.2627 (high Jul.3) then 1.2663 (50% of 1.3284-1.2042) and 1,2693 (high Jun.29).

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23:38       No comments

Forex Trading Signals for 24th August 2012



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


signal: SELL
Entry Point:  1.58713
Take Profit:  1.58300
Stop Loss:    1.59100

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

 We will allow the market to go down a little bit before

we will Buy on the market rally,,,,,,for EUR/USD


signal: BUY
Entry Point:  1.25620
Take Profit:  1.2600
Stop Loss:    1.25300



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,,,


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