All You Need To Know About Trading Currency Pair

There are too much trading strategies on the internet and one of the oldest is trading with the gap. Forex traders are looking for complicated strategies that they forget an old strategy that gives 90% successful chance for the past decade. Trading with the gap is a very easy strategy with a very simple rules. Because we know that we should not fight the market, and we should follow the trend, then we should follow the market reaction during the opening of forex after weekends. Let us know, what does the traders do when they see a gap? 

Every traders are looking for secrets to be successful in trading. Many of newbie traders are asking if the successful traders are really willing to share their secrets. In every field of successful person, they have a common denominator and that is Patience.  Why is it essential to be patient during our trading activity? Because the loosing traders does not want to wait for a good trades , they want to make money as much as they can, and what happened was the opposite, they loose their hard earned money.

With too much number of forex brokers now available online, we can choose a broker that could help us start on forex. We can even choose a broker that would be compatible with our trading style. There are few important points that we should consider on choosing a broker. Currency Pair - We should check if the currency pair we like to trade was available to our target broker especially when we are not trading the major currency pairs. While some have few currencies, others even have so many pairs.

Trading without a use of any indicator was use to described a trading system that was based on a price action. Most often traders were just using the chart to look for an entry and exit points, Without any other indicators. There are some who are using trendlines or channels to identify if the trend was changing or not. Some traders can even identify where the trend was heading by simply looking at the chart. Its a skill acquired after so many practice.

Because of advertisements on the internet, I became curious what forex is all about. Immediately I open a demo account to try if the ads were true that I can increase my money. After doing some trades on forex, I was so happy because from $50,000 I have made it to $60,000 in one day. I felt really excited and at the same time I feel some regrets, I even ask myself, what would it be if that account was true? I cannot sleep overnight because I was thinking that forex can make me a millioner. 

We often think that there's no free on this world, and when we receive something free it brings happiness to ourselves. I wish I can put smiles to those forex traders who are struggling to make profit in forex trading. You can now trade for free, no risk involved. Who offers this Forex No Deposit Required ? Forex Brokers who want to attract new customers. We can see that nowadays Forex No Deposit Required were not only offered by new brokers, even those famous brokers are still offering different kinds of bonuses to ride on the market. New customers will only sign up for new account and the broker will give different amount, ranging from as little as 5$ up to $200 no deposit required bonuses .

It is widely known that in order for us to trade safely, we should have large capital to sustain the volatility in the market, Forex brokers are offering $50,000 virtual money on demo account, this is due to the fact that they know small account will easily blown by newbie traders who doesn't have idea on forex trading. Whereas if a trader use a bigger capital that will allow to trade 1 lot ($100,000) with a value of $1 per pip movement ( smallest decimal place on currency value), it will take many consecutive mistakes before he will blown the account.

Are you tired of loosing your own money while learning how to trade profitably on forex?  Good news to all newbies because forex brokers are starting to provide bonuses that can be use for trading in exchange of posting their experience and opinions regarding forex.  Every post  will give you  0.2$ , post will be as simple as like this in the picture