control your trading in forex

The trading Forex is not easy. Before entering, all Forex traders think they will get rich very quickly and 20,000 USD in one or 2 weeks. But starting their trade, they realize that this is not true, it is not easy to make money. Especially when we work with money. Forex is a very tricky business. Many of us believe that there is a conspiracy planned by people who know what we think, what we do and do the opposite to steal our money. Often we do the opposite of our decision (if I see that the market is getting higher so I'll sell). Then we begin to look for someone to help us be at least 200 or 300 pips per month. Most of us probably work with counselors who take our money and we do probably not help to make a decent profit. Many of us think to stop the trading of Forex. I think that most people do not leave so easily because we see a golden opportunity to have our own business and to make a fortune.



Foreign currencies are an opportunity to make a fortune and at the same time is an opportunity to lose our money. We can do fortune if we knew how to handle the Forex. As against, if we do not know how to control the Forex it will destroy us. For that we must be stronger than him. Moreover, if we do not know how to control it with our own hands, he will destroy us too. How to be stronger than this wild beast? Simply by learning, observing and practicing. The forex market will not go any
where. It will seek and will run forever. Look how experienced traders have become so good. Observe the graphs and look at the points common. Watch why the price change direction. If you find the reason that influence a currency, you have in your hands the first tool that will help you to control. Any new thing you learn, try it on a demo, see if this is valid and expand it. In Forex this article, I will help you find your way. This article offers Forex does not like fish but you learn to fish.
There is no conspiratorial theory in this area, no large or small people. We lose because we do not know, and first thing we must do to become good traders is to admit that we do not know and that we must always learn.

In Forex this article, I will give you some clues. Then I will let you learn, observe and practice.
First, you must use Forex fundamental analysis and technical combination, the two complement each other. So do not rely on one ignoring the other. The root is one of the reasons that influence the market. If you are in a long trade and suddenly your currency has collapsed, go and watch if a report exists. Then, look at what is expected and what the data. After that, compare this data to your chart and you'll have your first tool that allows you to control your business.

Secondly, in my view, all the technical indicators do not help me at all. I tried all combinations. Nothing market. The indicators describe the state of the market but do not provide information on the following direction. I read an article from someone who Forex describes its strategy in Forex trading. I was completely lost, it uses a combination of 12 indicators EMA340, SEMA890, EMA2900 etc ... and inserting FIBONACCI. I was totally lost. Even if his strategy has 95% success, I do not use it because I can control the market using simpler techniques. We do not need to look for indicators. I use only one indicator Bollinger Band is the perfect weapon in my fight against the trading in Forex. Look at the Bollinger Band and see how it affects the currency.


Focus on it and you are reading the article Forex You will discover many things. You'll then have your second tool. Thirdly, suppose you are on a long trade and suddenly without reason the price of trading crashed and there is no report. This just dropped. It's weird. Strange things are those we do not understand. Observe your graphics, go back several hours or several days back, put a line of hollow point swing higher and you will see that there is no mystery. This line will be hollow So your strength. If the price breaks, it will continue to climb, but climb up to where and when ... Look closely and you will learn what I did. It does not take much. Just what you can. This beast is not as fierce as that. Escape is your fourth tool. (Rpchost.com traiders provides very important tools with which they can trader with more information, check with Rpchost.com the section of free Forex signal. You can access the free basic signal).


Fourth, what period should we use? It's up to you to choose the appropriate period, H 1, H4, D1 ... I do not know, compare graphic and you will see the appropriate period. The period is important. When you find you have your fourth tool. Traders may access the calendar section of the World Economic Rpchost.com site. This is a great tool that helps traders to identify and confirm their trades when an economic report appears. Finally, I repeat: look at your chart, you focusing on these indices and think about these indices. The more you think, the more you find. Forex read articles, learn strategies and get books on the Forex. With my trading strategy, I made a good profit because everything is programmed. I inserted the data into my system and I let him do his job. This eliminates the fear factor and it m'adonné more time to get out and have fun
I hope this Forex article gave some tips and techniques that could help traders in their trades in Forex (traders may have access to the forum on the Forex Rchpost.com site and see the latest predictions, strategies and forecasts).


by Anil Kumar Raju Addipalli