Why Forex Traders Love Mt5 Forum

Mt5 Forum is a paid to post forex forums sponsored by Instaforex. There are lots of traders already join Mt5 Forex Community, and each day they have a newly registered members.

Joining Mt5 Forum is Free for everyone, they even give $0.20 per post on the forum. Whats unique about them is that they were not run out by fun games, they always have new contests. You wont even feel bored staying all day and night on the forum. The experienced members are very interactive and they are very willing to help and answer newbie traders. The admin and moderators are very considerate and friendly too.

If you are not yet a member of Mt5 Forum, I would lovely suggest for you to try joining them in forex community, and you will know how they differ from other forex paid to post forum you have joined already.

Click here to join.

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How to Trade Forex with $1 (One US Dollar) Account

Forex Trading Strategy for $1 Today, Forex brokers are allowing the forex traders to deposit and open a real trading account for only One US Dollar. Sounds real crazy but it is really possible to trade forex with $1 (One US dollar) account, not only technically but it is also psychologically possible. The only requirement to trade $1 is Patience. Since the amount was very low, we cannot expect for high profit. Forex Trading Strategy Plan for $1 US Dollar Account Open a real cents account - This will turn your $1 to $100 dollar equivalent value Trade 0.1 lot size one at a time - Do not open another position as long as the previous was not yet close. Opening 1 position at a time will allow for 1000pips movement. Target realistic goal - Take profit can be set at 10pips a day, but if you enter a trade on an extremely over sold or over bought area, you can target for 50 to 100 pips a day. Plan the use of stoploss - If you ope...

How to trade forex using Hedging Strategy

Forex Hedging Strategy Before I knew that it was hedging, I was already using it. I use it to protect my account from further loss, but aside from protecting your account from additional loss, you can maximize your profits by using hedging strategy. What is Hedging? It is opening a buy and sell position at the same time with same lot volume. Sounds fantastic and great trading idea because wherever the market goes, up or down, you have a trading position that will be on profit, and when the position goes on the opposite you will profit again to the other position. But to many who uses hedging position at the first time, This result them to too much floating loss position, and when get out of control, they face margin call. When to use Hedging Strategy? Most of the traders doesn't know when to use the hedging properly, though they have a good idea because the currency pair are moving in harmonic waves and the price keep on coming back to a certain price, they would rea...

Top 3 Best Things To Do Everyday Before Trading Forex

Trading in forex is not gambling, Before we enter a trade we must have a reason why we enter buy or sell for our trade. Don't trade without a reason if you don't want to think of a reason why the market always goes against you. Here is the list for the most important things that we should check daily before deciding to trade forex. Daily Chart - Looking on a daily chart will give us a hint what was happening on the currency pair we choose. Check if the pair was near support and resistance so we can trade accordingly, Buy at support and sell on resistance. Check also on the daily chart if there is a big chance of breakout or reversal of current trend so we will not be trapped and we will avoid big sudden loss. Economic News Release - Everyday for 24 hours a day, News only vary on its impact from low, medium to high. Being updated to the news release schedule, we can avoid or take the chance to ride the waves and volatility of market. It is very important to know what kin...

All You Need To Know About Trading Currency Pair

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