Learning To Trade Forex

January 22, 2010 by madman  
Filed under Articles

Look for trades in the direction the price is going and you’re results will improve.

The most successful traders I know use the KISS system, “KEEP IT SIMPLE STUPID”. They keep it simple and don’t look beyond the obvious; their results are the best. Don’t overload your brain.

Most of the big moves occur around news time. The volume is high and the moves are real; there is no better time to trade fundamentally or technically than when news is released; this is when the real money adjusts their positions and as a result the prices changes reflect serious currency flow.

Determining whether the market is over-extended long or over-extended short is a key determinant of near time price action. Spike moves often occur when the market is all one way.

For any other further information upon currency trading visit this blog: Currency Forex Learning

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