Forex Trading Strategy

In the past few years in Russia and CIS countries came to the Western trend of investing in financial markets around the world. More info: Bill Phelan. Investing in this area is conditioned by the availability and speed of making a profit. Each person can start a business by investing relatively little money (about $ 100 or more) when it is necessary to have only a computer and Internet access, while receiving from 5% to 20% monthly profits by using the correct strategy and allocation their risks. Strategies and ways to profit in financial markets as a great many people earn their living by investing its assets in stocks of companies buying foreign currency, trading metals, raw materials and even the weather. The basis of successful investments can be considered information that gives you ideas about where to move this or that market in the near future. To do this, you should read the bulletin news sources and control output statistics of macroeconomic indicators of the leading countries. As an example, you can begin with proven strategies to trade and in the process, you will get experience and you will find your own patterns behavior of markets and profit.

Trade news is a good strategy for all traders. The advantage you will feel from the first day of work because as a trader discipline – the key to success. Ie Your working day will be divided into the schedule when you're trading. Schedule Released macroeconomic statistics found on the internet is not difficult enough, but we recommend a calendar of economic news, he goes out every Friday after closure of markets for the next week and is updated each time after the data. Resource publishes financial news in real and it is possible to find trade news since 2003. Now that we have sources information we are ready to work. To get started you need to open a page with a calendar of events, while the news is published in the area of GTM +0 and you will need to translate the time specified in the calendar according to your time zone with respect to GTM.

Further, in a text document or paper you write the most interesting and important news that you would like to sell, and prescribe the time of the news. All now work plan for the day, ready now still await the time of the news and go along with the market, ie when the graph grows, we buy and vice versa. After a 2-3 weeks of this work, you will be able to predict price movement based on forecasts of expected indicators. Further, when you learn to feel the market you can use an indicator of economic news in order to facilitate a plan of trade and planning of the trading day. It allows you to display a working calendar directly on the price chart and set the filters the events by severity and region (U.S., Europe, Australia, etc.). Work on the financial risks associated with large risks. The article is for informational purposes, the author and the site can not be held accountable for actions of persons who read this story. This article is intended for the average trader familiar with the methods of trade, with experience in the financial markets and trading platform MT4. Traders do not born, but they are, remember this.