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The best time to trade is during the most active trading period that lasts only four hours every day. This is the US-European overlap session, which is the time when the world’s two most active...

I have never attempted to use an EA to trade, but I have heard countless accounts of people putting all their faith in such a system and losing everything they had. Of course this can be said for...

200 sma is the moving average that is used the most by traders. So if most traders are using the 200 sma, then I think that makes it important. Another important moving average is 50 sma. Both 200...

Never risk more than 2% per trade. This is the most common rule in trading and goes a long way toward explaining why most forex traders lose money. Forex trading books are full with stories of...

A demo account allows us to apply our knowledge in a real-life trading environment without risking our money. We can practice until we feel comfortable trading for real but always keep in mind that...

I also a trend follower. Forex trend following is tough mentally but the rewards are immense, if it is done correctly and you have the right mindset. This strategy requires patience, to wait for and...

Waddah Attar can be used for scalping the small timeframes. It can work alone but it not advised to use it as such as there are instances where the signal lags or fails. So use this indicator along...

Perhaps the main reason most traders lose money is because the majority of people have little self-control and cannot resist the temptation to over-trade and over-leverage when there is no one to be...

Understanding support and resistance will give us an image to understanding how the forex market works. This will help us enter and manage our trades to a highly accurate degree with minimal stops...

One of the biggest advantages of trading the higher time frame charts is that they act like filters of price movement. The forex market has such high daily trading volume, that the lower time frame...

A scalper needs to be a patient, diligent individual who is willing to wait as the fruits of his labors translate to great profits over time. An impulsive, excited character who seeks instant...

Of course you need to be smart if you want to be successful in forex trading. Being smart doesn't mean you have to be genius or highly intelligent. It just like some people without formal education...

Gold has a large spread maybe because it is not being actively traded and has small number of contracts being traded. A large spread causes orders, especially market orders, to be filled at unwanted...

In the end it comes down to whether any of the strategy improves or diminishes on your system or method's performance. If moving stop loss to break even help you control risk and increase profits...

This forex forum is a self way of learning forex. When we learn something on our own it happens we will get to know things in a better way. In this forex forums we can also go about asking some...

Trading based on support and resistance will help us enter and manage our trades to a highly accurate degree with minimal stops and reasonable, reachable targets. It is often possible to enter a...

Low capital is not a hurdle for good trading. Low capital will bring in low profit but if you're a good trader, you can make your capital grows over a period of time. As long as you have a good...

Capital is the most important thing in forex. Without capital we cannot trade no matter knowledge able we are in forex trading. The bigger our capital is the better for our trading. If we have large...

You may start with something simple, set the Take Profit as the same amount of pips as Stop Loss. If your Stop Loss is 50 pips, set your Take Profit as 50 pips too. You may also set multiple Take...

To choose a broker we have to know whether it is a dealing desk or non-dealing desk broker? Does the broker offer fixed or non-fixed spreads? How wide are the spreads? These questions are more...