How to make profit from Forex?

One of the most difficult things for forex beginners to understand is how you make profits trading currencies. At the same time, since we don't charge commissions, many people don't understand how we make money either. Here are the answers! How do you make money? Let's take an example based on the graph below: You open an Classic Account with €2,000 You think the Euro will go down against...

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Making money in forex is easy if you know how the bankers trade!

 Bank traders only make up 5% of the total number of forex traders with speculators accounting for the other 95%, but more importantly that 5% of bank traders account for 92% of all forex volumes. So if you don’t know how they trade, then you’re simply guessing.First let me bust the first myth about forex traders in institutions. They don’t sit there all day banging away making proprietary...

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How to Profit with Forex Trading

Forex profit is an idea that has been sold around the internet to people looking for easy answers to their money problems. It's elusive to most forex traders though because everyone is looking for profit at high speed. Sometimes forex profit can come quickly, but more often than not, it takes planning and patience. It's as simple as that. PlanningTrading takes planning, that is just...

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What I Feel on Risk, Fed Timing and Greece Versus What I Trade

Talking Points: • What we 'feel' about important economic, social and financial topics should not dictate how we trade • Events can unfold irrationally and the consensus doesn't always reflect our views • Trade analysis should be focused on what 'may' happen rather than what we feel 'should' happen Want to develop a more in-depth knowledge on the market and strategies? Check out the DailyFXTrading...

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Crude Oil Range-Bound, SPX 500 Chart Hints at Downturn Ahead

US DOLLAR TECHNICAL ANALYSIS – Prices moved higher as expected after producing a bullish Morning Star candlestick pattern. A daily close above the 38.2% Fibonacci expansion at 11888 exposes the 50% level at 11937. Alternatively, a reversal below the 23.6% Fib at 11829 clears the way for a test of the 14.6% level at 11792. ** The Dow Jones FXCM US Dollar Index and the Mirror Trader...

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