Forex Techniques

6 Critical Factors For Successful Trading
By Tim Wreford
Success in any profession can be broken down into a number of critical factors. Trading is no different. Does your trading tick all 6 boxes or are there any areas you need to work on.

Forex Trading Systems: Mechanical Vs. Discretionary Systems
By Raul Lopez
The trading signals that come out of mechanical systems are mainly based off technical analysis applied in a systematic way. On the other hand, discretionary systems use experience, intuition or judgment on entries and exits. But which one produces better results? Or more importantly, which one fits better your trading style?

Trying Forex Trading with the Best Strategy and Approach
By Sara Jenkins
With the day things are today, more people are getting interested in investing their money to make them grow faster. The problem is, not too many people are willing to take the risk of investing it because of the risks, so some of them just let their money rut in banks. Not that there’s anything wrong with banks, it’s just that they have low rates and the money takes a long time to grow. If you want real money, you have to have the guts to risk it.

Why Hedge Foreign Currency Risk?
By John Nobile
International commerce has rapidly increased as the internet has provided a new and more transparent marketplace for individuals and entities alike to conduct international business and trading activities. Significant changes in the international economic and political landscape have led to uncertainty regarding the direction of foreign exchange rates. This uncertainty leads to volatility and the need for an effective vehicle to hedge foreign exchange rate risk and/or interest rate changes while, at the same time, effectively ensuring a future financial position.

Trading Techniques
by Scott Owens
Automated trading gives most traders their best chance for success in forex, but it’s notthe only element of a successful trading record. Traders must know how to apply automated trading techniques and be willing to manually manipulate trades when possible. Combining these two methods – mechanization and discretion – is the path to profitable trading.

Forex 1-2-3 Method
by Surefire Forex Trading
This particular technique has been around for a long time and I first saw it used in the futures market. Since then I have seen traders using it on just about every market and when applied well, can give amazingly accurate entry levels.

The Law of Charts
by Joe Ross
At Trading Educators we only use Price and Volume Charts to identify high probability trades. The Law of Charts™ describes only four chart formations on the price charts which present trading opportunities, then specifies entry and exit targets based upon those four chart formations. In the following we will present you these four major chart formations and how to trade them.

Applying Elliott Wave Analysis to Everyday Trading
by Bob Prechter
Elliott wave analysis appeals to the instincts and to the intellect, but sometimes it's difficult to see how to trade using Elliott waves. The beauty is that the practical application is within anyone's reach. In today's Market Perspective, we'll see how Bob Prechter explains the Wave Principle and its application.

Trailing Stops
by Chuck LeBeau
Now that we have taken the necessary precautions to avoid catastrophic losses by using disciplined money management stops, it is appropriate to concentrate on strategies that are designed to accumulate and retain profits in the market. When properly implemented these strategies are intended to accomplish two important goals in trade management: they should allow profits to run, while at the same time they should protect open trade profits.

Technical Analysis in the Foreign Exchange Market (Pdf)
by Christopher J. Neely
Investors are concerned with “beating the market,” earning the best return on their money. Economists study technical analysis in foreign exchange markets because its success casts doubt on the efficient markets hypothesis, which holds that publicly available information, like past prices, should not help traders earn unusually high returns. Instead, the success of technical analysis suggests that exchange rates are not always determined by economic fundamentals like prices and interest rates, but rather are driven away from their fundamental values for long periods by traders’ irrational expectations of future exchange rate changes.