2. Why are Forex trading strategies
so important? For a beginner
trader Forex seems an enticing
way to make a lot of money.
Unfortunately, there is no one
single key to successful trading.
One has to acquire a deep
understanding of quite many
peculiarities of the market in order
to trade profitably.
My Best Forex System on page 4
3. But bless the age we live in because
this is no longer the case. Modern
technology has gotten so great that
there are programs out there that
will not only spot these trends for
you but execute your trades for
you! Programs known as Expert
Advisors (EA) have actually made
forex trading extremely easy and
profitable to your average joe.
With a small investment one can
simply run a program and literally
walk away from the monitor. Forex
trading has been made so easy by
EA that a child could turn a profit
on the forex market.
My Best Forex System on page 4
4. So many people come up with
systems that start working and
then they want to change it, make
it better, does it get any better than
working, than making you money?
Isn't this what we all want to
achieve. So the first point to keep
in mind is simple Forex trading
strategies work better than
complex ones and the reason is you
are dealing with an odds based
market and simple systems are
more robust than complicated
ones, with fewer elements to break.
Best Forex System Explained
http://andylank.com/cash-flow/
5. Day traders and swing traders
should take well to candlestick
patterns like the piercing pattern.
In the heat of trading sessions,
other technical analysis indicators
fail to predict the markets like
candlestick patterns do. The small
intraday movements on the
markets barely register with the
typical indicators, but candlestick
patterns fare very well in any kind
of market. The piercing pattern is
a great candlestick pattern to
apply to a bottoming chart and just
another way to confirm a good
position.
Best Forex System Explained
http://andylank.com/cash-flow/
6. Please rate this article using the
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with partners including Amazon,
eBay, Google, and others. Now you
may not get as rich as the above
group of traders - but it shows you
that anyone can make money with
a plan.
Best Forex System Explained
http://andylank.com/cash-flow/