Learn Forex – Hoping, Wishing, and Praying in Forex Trading
Learn Forex (FXpath.com) – Many traders in the forex market (and any speculative financial market, for that matter) often find themselves in the unenviable position of hoping, wishing (and sometimes praying) that a particular trade will go their way. Usually, this occurs when a trade has gone horribly wrong and the trader refuses to let [...]
Learn Forex – Forex Profits! Now What?
Learn Forex (FXpath.com) – When trading forex, setting profit targets using technical analysis can be relatively straightforward. For example, a profit target for a head-and-shoulders pattern would be measured according to the height of the pattern from the top of the head to the neckline. Similarly, a rectangle consolidation would be targeted after breakout according [...]
Learn Forex – Using Technical Analysis to Manage Forex Risk
Learn Forex (FXpath.com) – When trading the forex market, risk management using technical analysis is both logical and straightforward. By using technical analysis to help dictate such risk management elements as stop losses, a forex trader is allowing the market’s price action to determine when to cut losses. This is much more reasonable than setting stop losses merely [...]
