Title: 5 WAYS FOR PROFITABLE FOREX SIGNALS
15
WAYS FOR PROFITABLE FOREX TRADING
EQUIDIOUS RESEARCH1(347)434-9044
www.equidiousresearch.com
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TRADINGSTYLE
Identify what type of trader are you. Both will
have different roles in trading. DAY TRADERS
Short term trading opportunities, higher risk,
quick and responsive. POSITIONAL TRADERS Long
term opportunities, patient and emotionally
balanced.
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42
TRADINGPLAN
- Having a Forex trading plan is one of the key
elements to becoming a successful Forex trader. - Trading Plan Helps you to
- Assessing your skill
- Set your risk level
- Set yourself goals
- Prepare for trading
- Set Exit Rules
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TRADINGSTRATEGY
- A Forex trading strategy is a technique used by a
Forex trader to determine whether to buy or sell
a currency pair at any given time. - Forex trading strategies can be based on
- Technical Analysis
- Chart Analysis
- Fundamental Analysis
- News-based Events.
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74
EMOTIONAL BALANCING
All successful traders have come to realize, it
is of utmost importance to have a psychological
edge in trading and the ability to control your
emotions and stay focused.
POSITIVE EMOTIONS NEGATIVE EMOTIONS
Feel Inspired Frustration
Think Positive Panic
Be Passionate Be Depressed
Be Thankful Be Greedy
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MARKET FUNDAMENTALS
Market Fundamentals are the key pieces to
determining when a currency is going to rise in
value and when it's going to fall. Trading on
the fundamentals also referred to as trading
the NEWS, is the study of news events and
economic statistics to determine trading
opportunities. These traders pay close
attention to changes in ECONOMIC INDICATORS such
as interest rates, employment rates, and
inflation.
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