You will always lose trades. You see, as a technical trader when you try to use technical indicators with precisions, your number of trades become severely limited. Experienced trader knows this fact that the ratio of the winning trades has a diminishing return. What this means is that a trader with a few losers will make more profit as compared to a trader who is always looking for the perfect chart patterns. So every trader will make losing...more
When you learn about forex trading there are many technical tools to master, but one of the simplest to use is the pivot point. Pivot points work with support and resistance levels to give you an indication of entry and exit points for your foreign exchange trades.The first thing to do when you plan to use this forex trading method is to identify whether the currency pair is currently in an upward or downward trend. This would mean you looking at...more
Developing a good automated trading system is the ultimate dream of any trader or for that matter any systems developers. This is exactly what has happened in the last few years. The development of the MetaTrader MT 4 platform for forex trading also allows you to develop your own automated trading system by using a programming script and then use it as a plug in on the MT 4 platform. An automated trading system is just what the name suggests. You just have to set it once and then it trades automatically. Opening the trade when the parameters are right and closing when the profit target is met. These automated trading systems are also known as Expert Advisors or Forex Robots. In the last two years, many good forex robots have been introduced. Some of them are real good and are giving consistent performance.So, there are many good forex robots now available in the market. The only way to test them is through live trading. A tough thing to do with your hard earned money. So what you need to do is first test it on your demo account. Now, there is a difference between live trading and demo trading. In demo trading, there are no emotions. While live trading is full of emotions and can...more
When someone wants to purchase a home he must first of all apply for a mortgage.Unless a person has an extremely healthy bank balance or daddy has a lot of money almost everyone needs a mortgage to purchase his home.This applies whether the prospective property buyer is a first time buyer wanting to get his or her foot on the first rung of the...more
Having to take care of their families on their own, single, working mothers have perhaps the toughest job of all. A goal or a wish for many moms that has to be put on hold because of family responsibilities, is higher education. With his new administration, however, President Obama is encouraging moms to make their education a priority. Obama...more
Despite the fact that higher education is important, there are often a number of obstacles that can hinder potential students from enrolling in college. At the top of this list, especially for single mothers, are family obligations and financial concerns. In an attempt to ease some of the concerns associated with going to college, Obama grants are intended to encourage mothers to return to college to earn a degree. The purpose of federal grants can be seen in many cases to help disadvantaged groups to attend college. A commonly given endowment for low-income students is the federal Pell grant. Since the Obama administration has stated that it places a high priority on education, the benefits of Pell grants have been augmented to be a greater help to potential students. Working moms, in particular, are encouraged to apply for the Scholarships for Moms program, which is just a title given to a portion of the standard Pell grant program. The administration believes that equipping low-income mothers to earn a degree will provide a stimulus to the lagging economy and be a great benefit to families of those mothers by increasing their earning power in the work force. While the...more
Buying a house can be a difficult proposition, especially when the economy is in such a difficult position. However, there are some amazing deals, some historically low interest rates and new federal home buying programs that could help anyone...more
Every mom has the chance to pursue college education for free provided by Obama's new administration. An amount up to $10,000 scholarship money grant will be provided to every mom who will be part of the said program. The Federal Pell grant,...more
Online forex trading is an interesting way to make money because of the nature of the business. Unlike the stock market which has its opening and closing bells, forex trading can almost be done round the clock because different markets in different...more
Do you love to wear precious metals like gold, platinum or palladium? Women for sure love wearing precious metals like gold and platinum. The best gift of love is to give a gold ring or necklace. Since, the dawn of human history, metals like gold,...more
Brokers hate scalpers. If you are a scalping or thinking about using scalping as a trading strategy than you should this fact that most of the time brokers don't allow it. The reason is this that a broker needs time to move money when it is...more
Forex market is an unregulated over the counter market. As compared to the futures market that is highly regulated, there is very little regulation in the currency market. You see, in the futures market, there is a clearing house that enforces the...more