A pure Forex scalper exits a position quickly if the market doesn’t go his way. He will make a number of trades a day, between 10 to a couple hundreds, and he doesn’t hold on to a losing position hoping or praying that it will turn around!The main aim of the Forex scalper is to [...]
Posts Tagged ‘Pips’
Learn to Trade the Forex Accurately – Learn How to Trade the Forex From a Forex Expert Advisor
Posted by admin on March 26th, 2010
Trading the foreign currency is very easy. What you need to do is just open a trading account through a Forex broker and deposit money. However, are you able to trade the Forex wisely? It has been statistically proven that 90% of the people lose all their money in the first 3 month because they [...]
Spot Forex Trading Part 5 – The Forex Heatmap
Posted by admin on March 23rd, 2010
This article is Part 5 of a series of 9 articles dedicated to help anyone to trade the foreign exchange.The Forex Heatmap gives a spot forex trader an easy-to-interpret forex data visualization tool that organizes the data from 20 currency pairs into color-coded results for fast and accurate entry decisions.The majority of forex traders don’t [...]
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