Channel Breakout trading can be highly profitable. But first what is a channel? A channel is formed when the price action gets bound between two trendlines. Now, these two trendlines can be horizontal, ascending or descending. Think of these two trendlines as the support and resistance but this time these support and resistance lines can be ascending as well as descending or horizontal as usual. A channel is formed when the price action is...more
Not so long ago, trading foreign currency for an income (also called Forex Trading, or FX trading) was the sole province of a select few individuals and trading houses. Trading currency required in-depth knowledge of the industry, constantly updated information and a large amount of liquid cash as an initial investment before you could even look at breaking into this highly lucrative industry. A close knit fraternity controlled...more
One of the best strategic decisions a new trader can make is to open a Forex Demo Account. Demo Accounts, aka Practice Accounts, are a way to get experience in the fundamentals of forex trading online without actually having to risk a cent of your own money. Most of the main Online Forex Trading platforms offer them in addition to their live trading accounts, and often offer tutorials as well.Using a Forex Demo Account has a number of benefits to the novice trader:• They are free, with no cost to download, no opening deposit necessary and no transaction, management or membership costs. You can have as many as you want from as many different platforms as you want – the ultimate try before you buy.• Trade without risk. You can freely trade in a real life, live environment with all the shifts, changes and excitement that goes along with trading forex, without the risk of losing your money. Made a bad trade? So what! It's trading without consequences and this is great for building confidence.• Large initial fund pool. Most demo accounts come with an optional level of initial deposit. Want to feel the excitement of trading with a $50,000...more
An acceptable part of Forex trading is that you will make mistakes when trading the Forex markets. This is inevitable even for the most seasoned of Forex traders. Acknowledging your errors and mistakes and learning from them is a key point in establishing yourself as a successful Forex trader.Here are five of the most common trading mistakes made...more
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More and more people in today's world use the Internet as a tool to get or sell product, service or information. The trend is that most of those users use keywords search, not directories or categories. Google holds the half market of keywords search.Manual Article SubmissionQuality Article Submission Services Boost Your Search Engine Ranking http://www.MagicSeoBot.com Meanwhile, PPC (pay per click) campaign has hit the web like a storm. Pay per click campaign attracts much more interest from both advertisers and webmasters.Keywords or key phrases are terms that a possible client would use to find your product or service. Keywords research is a continuous never-ending process that can help increase traffic and attract targeted visitors. The best answer for PPC campaign to promote your products (including affiliate programs) is Google AdWords. To select your affiliate programs, the easiest way is to sign up to Click Bank, Commission Junction and LinkShare.Google has leveraged their market share as the internet's top search engine to deliver their version of the pay per click advertising model. Sign up for the AdWords program is free and they only require a $5 USD...more
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