Weekend Tips for Forex Traders to Read
We are so close to the end of the market this week. I am sure those of you who have been stuck to the computer during the week will take a breeze at the weekend to become refreshed for the next week trading. That’s a good idea.
Just in case you found any free time, take a look at the below reports I published and read the “tip of the day” once again. I always find and learn new things when I read an article for the second time.
1. The correlation among different currency pairs: Click Here
2. What does over-bought or over-sold mean and why the market becomes exhausted and changes the direction after it has been going up or down for a while? Click Here
3. Never add to a losing position! Click Here
4. Sometimes Beginners Trade Better Than Professionals! Why? Click Here
5. Be Patient when you are making profit. Be impatient when you are losing and you are realized that you have made a wrong trade. Click Here
6. Where should you place your stop loss? Click Here
7. Go nothing but long in an uptrend and go nothing but short in a downtrend. Click Here
8. Keep your trading system simple. Click Here
9. Check the bigger time frames before you start trading intradaily. Click Here
10. Do not put all your eggs in one basket! Click Here
11. If you have not made any profit through Forex yet and your losses are more than your gains, you have to analyze yourself to find the reason/reasons: Click Here
12. Did you find the reason/reasons of your loss? Click Here
13. A good self-assessment to find your failure reason/reasons: Click Here
14. Do not trade when a news release is on the way: Click Here
15. You should never stop learning! Click Here
Further Reading:
- Forex Basics:
What Is Forex and How to Make Money with It?
Is Forex a Suitable Business for Everybody?
When You Will Be A Professional Forex Trader?
Currency Pairs Explained - Understanding the Currency Pairs in Forex Trading
Currency Pairs Correlation in Forex Market: Cross Currency Pairs
How to Choose the Best Currency pairs for Forex Trading
What Thomas Edison Can Teach You about Trading Forex!
A
Letter from God to Forex Traders!
Ten
Important Forex Trading Tips
- Money Management:
Money Management is a Critical Part of Forex Trading
Risk/Reward Ratio in Forex Trading
How to Make $53,000 per Month through Forex Trading
Where Is the Best Place for Stop Loss and Limit Orders?
When Should You Get Out of a Bad Position?
- Candlesticks:
The Language of Japanese CandleSticks - The Only Real Time Indicators
Doji Candlestick - Doji Star - How to Trade Using Doji Candlestick and Bollinger Bands
What Is Heikin-Ashi and How to Trade with It?
- Price Chart:
Forex Charts - How to Use Different Types of Charts in Forex Trading
Renko Chart - How to Trade Using Renko Charts
- Technical Analysis:
How to Use Technical Analysis in Forex and Stock Trading?
How to Trade Using Trendlines, Head and Shoulders, Triangles, Double Tops and Bottoms, Flags, Pennants, Wedges...
How to Use Moving Averages in Forex Trading
How to Use Pivot Points in Forex and Stock Trading?
How to Use Bollinger Bands in Forex and Stock Trading
How to Use MACD or Moving Average Convergence / Divergence in Forex and Stock Trading
How to Trade Forex During the News Time
- Fibonacci:
How To Use Fibonacci Numbers in Forex and Stock Trading
More About Using Fibonacci in Forex Trading
How the Forex Market Reacts to Fibonacci Levels
- Tools, Indicators and Templates to Download:
Download Heikin Ashi and Smoothed Heikin Ashi Indicator and Template for MetaTrader
Have All timeframes on One Single Chart in Your MetaTrader Platform (MT4)


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