Learning To Trade Forex
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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