Currency Trading Success ? Learn Th?? Method ?n a Few Hours ?n? Target 100% Gains!
Currency trading f?r beginners ??n seem confusing, ?? here I ?m going t? give ??? a system ??? ??n learn ?n a few hours max wh??h ??n lead ??? t? currency trading success ?n? gains ?f 100% ?r more per annum.
I write currency articles b?t I ?m n?t ???t a writer I ?m a trader ?n? h??? b??n f?r over 25 years.
I ?m n?t a self proclaimed expert wh? w??? t??? ??? I win ???r? trade I don?t b?t I ?? know fr?m experience th?t th?? method w??? h??? ??t th? odds ?n ???r favor ?n? lead ??? t? currency trading success, ?f ??? understand h?w t? ??? ?t properly.
In 25 years I h??? tried lots ?f different trading methods ?n? th? one I ?m outlining here ?? th? simplest method I ??? ?n? probably one ?f th? m??t effective.
I call ?t Fundo-Tech trading ?n? ?t ?? ?? ?t sounds ? a method th?t focuses both ?n fundamentals ?n? technical inputs ?n? ?t?s easy t? ??? ?n? apply. Y?? see lots ?f advertising fr?m vendors h?w ??? ??n predict currency prices w?th scientific accuracy, ??? f?r a few hundred bucks!
Well, th? ?n?w?r m??t ?f th??? guys ?r? writers n?t traders ?r th?? wouldn?t m?k? such claims. If ??? want t? ?n??? currency trading success ignore th?m ? trading ?? a game ?f odds n?t certainties ?n?
Fundo-Tech trading ?? simply designed t? play th? odds.
If ??? ?? ??? w??? m?k? a lot ?f money, ?? ??t?s look ?t th?? currency trading system.
Th? fundamentals ?r? f?r defining strong currencies, th? technicals ?r? used f?r timing entry.
Currencies m??? t? th? long term fundamentals ?n? th?t?s a fact ? th?t?s wh? th? long term trends last f?r months ?r years b?t th? problem ??:
Th??r hard t? trade, ?? humans w? ??? see th? facts, b?t myself, ??? ?n? millions ?f others, draw ??r ?wn conclusions fr?m wh?t w? see ?n? w? don?t ??? see th? facts ?n th? same way.
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An equation f?r market movement ??:
Fundamentals + Human Perception = Price direction.
S? ?t?s th? fundamentals th?t drive long term trends ?n? humans ?n between m??? prices t? far ?n ??th?r direction ?? th?? ?r? influenced b? greed ?n? f??r ?n? cause prices t? b? overbought ?n? oversold ? th??? levels ??n b? seen ?n price charts ?n? allow ??? t? time ???r entry.
S? ?t? pick currencies w?th ?r??t fundamentals ?n? ??? forex charts t? time entry.
Now ??t?s take economies w?th strong currencies.
Currencies th?t rise ?n value tend t? h??? ???? interest rate earnings, strong economies, ?n? budget surpluses ?n? export more th?n th?? import.
L?t?s take th? US dollar
Th? American economy h?? a h??? debt (?n? ?? ?r? ?t? people) ?n? th? budget deficit ?? h??? ?n? finally, ?t ?? a net importer ?f raw materials ( w?th oil being major one) th?t ?r? rising ?n price.
Now ??t?s take a strong currency:
Th? Canadian Dollar.
Canada ?? rich ?n commodities including oil ?t sells, h?? a h??? budget surplus ?n? h?? ???? interest rate earnings.
Th? Canadian dollar therefore h?? stronger fundamentals ?n? ?h???? rise against th? US Dollar ?n? ?t h??. In fact ?f ??? check out m? ?th?r articles I stated th?? months ago ?n? th? currency h?? soared.
Picking th? direction ?? easy, entering th? trade w?th ???? risk reward ?? a different matter ?n? ?? th? hard ??rt f?r m??t traders.
L?t?s look ?t h?w t? enter correctly t? ??t th? odds ?n ???r favor th?? ?? th? technical bit.
Wh?n resistance forms ?t simply means supply ?n? demand ?r? ?n equilibrium below th? level ?n? wh?n prices br??k t? a n?w high supply ?n? demand ?r? out ?f synch.
Th? key ?? t? b?? br??k? ?f resistance ?n rising momentum ?n strong currencies ? w?r? n?t looking t? b?? lows! Th?? ?? called breakout trading ?n? ?t?s a fact th?t m??t ?f th? b?????t moves come fr?m n?w highs NOT market lows.
Forget ??? th? b?? low sell high ?? a ?r??t way t? trade ? ?t?s n?t ?? ??? w??? miss th? best moves ? waiting f?r pullbacks th?t never come ? wh?n prices br??k th?? accelerate away fr?m th? breakout point quickly ?n? th? odds ?r? ?n ???r favor, ?f ??? ?? w?th th? br??k.
Th?? key ?? t? ??? momentum indicators t? confirm th? br??k ?? ??? know price momentum ?? accelerating.
D??? th?? method sound simple?
Well ?t ?? ? b?t th?t doesn?t mean ?t doesn?t m?k? money ?t ???? ?n? ??? ??n see ?t graphically ?n a trade such ?? th? Canadian Dollar.
Th? best currency trading systems ?r? simple ?? th?? ?r? robust ?n th? face ?f ???r changing brutal market conditions ?n? h??? fewer elements t? br??k th?n complicated ones.
Another key t? currency trading success ?? understanding th? logic ?f ???r currency trading strategy ?? ??? ??n h??? confidence ?n ?t ?n? th?? one ?? easy t? understand ?n? apply.
Y?? ??n learn ?t ?n a few hours ?n? ??? ?h???? b? ?b?? t? apply ?t ?n around 30 minutes a day. N? intra day monitoring ?? needed.
S? ?f ??? want a simple way t? m?k? money ?n? ?n??? currency trading success, try th? above blend ?f fundamentals ?n? technical?s, ?n? ??t ?n th? road t? b????r FX profits.
Currency trading allows investors t? ??r?h??? currency fr?m one country ?n th? hopes th?t ?t w??? rise ?r fall against another country?s currency. U?? practice software before trying t? invest ?n foreign currency trading w?th advice fr?m ?n insurance ?n? financial adviser ?n th?? free video ?n currency trading. Expert: William Rae Contact: www.hbwfl.com Bio: William Rae h?? b??n licensed ?n th? insurance ?n? financial fields f?r more th?n 30 years. Filmmaker: Christopher Rokosz
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