Wednesday, July 15, 2009

Tips n Tricks Forex Player

Concentration, focus, no emotions, rileks, Calm, not reckless, not greedy.

Following the running price is running, and wait patiently until the moment when the timing and the right to transaction. (You can also learn things through www.actionforex.com above, www.dailyfx.com, or at www.bloomberg.com) and also in the news in the forex market http://news.valasonline.com

When you open the position up to stay until the next day, do not worry, because in our Forex Trading is FREE INTEREST COSTS overnight, so the transaction open position you will be safe for any equity and you also will not burden by interest costs.

Use the Virtual Trading Desk when you still want to try-try (Simulation), but if you are sure and certain, then you can use the Live Trading Desk (Real Money).

Chart price movements of currencies such as the wave is where the currency if the price is down, then surely there turning point is increased, and so also the vice versa. But the time period and a decrease in the share rising currency is different. Therefore Learn the position OPEN / CLOSE, HIGH / LOW, the point resistance point (Support & Resistance) and the technical charts trend before you make a transaction or order position.

Hope can help all of you

No comments: