Setting Up Your Forex Trade For Success With Stops and Limits

When trading in a market that is as fast paced as Forex is, preventing substantial losses is just as important as coming out ahead. You need to have systems in place as a part of each plan that not only will maximize your gains, but will also minimize your losses if your trade does not go as you thought it would.

There are simple strategies you should employ in each trade to make that happen for you. Fixing buy and sell setups will help you to control your risk while increasing your profitability. They work by fixing when you will enter a trade, and when you will exit. Regardless of whether you are gaining or losing.

Why is This Important?

Buy and sell setups take the human element out of the trade. Before you invest your money, you choose the terms that expose you to the least amount risk as possible. Once the trade begins, for better or worse you sit back and let your money ride. Trading in this way helps you to control those decisions you would make based on your emotions, such as pulling out too soon when you have shown some gain, or staying in the trade too long in order to try and reverse a bad trade. Continue reading "Setting Up Your Forex Trade For Success With Stops and Limits"

3 Profitable Forex Strategies For 2014

Today, I would like to share with you 3 easy-to-use, profitable Forex strategies based on the Trade Triangle technology. There is a strategy available for short-term, intermediate-term, and long-term trading styles. All strategies have been time tested and have proven to be winners over time.

If you are a short-term trader, watch this Forex video:

If you are an intermediate-term trader, this is the Forex strategy for you: Continue reading "3 Profitable Forex Strategies For 2014"

Your Trading Business: Learn to Keep it Emotion Free

Forex trading successfully involves careful analyzing of data that is changing 24/7. This is not the forum for split-second decisions nor blind calls. You need to be consistently working a well thought out strategy that has been derived from real life data. If you suddenly find that you don’t know why have entered a trade, then you have most likely fallen victim to emotional trading.

Learning to control your emotions is a pivotal point in every young trader’s career. Once you are able to differentiate between trading from the gut and trading with sense, the losses stop and the gains begin.
To help you reach that point sooner, there are a few strategies you can employ: Continue reading "Your Trading Business: Learn to Keep it Emotion Free"

A Long-Term Strategy To Conquer The FX Market

Here's a powerful, easy-to-use long-term trading strategy that you can use in the Forex market. This particular strategy employs the monthly Trade Triangles for both trend and timing. Unlike our short-term and intermediate-term FX strategies, the long-term approach uses a "stop and reverse" type method.

This particular strategy is far less active than both our short and intermediate-term FX strategies. This trading strategy is best suited for long-term investors who enjoy holding a position in the market for months at a time. Unlike the other strategies, this long-term strategy requires that you only enter your SAR order(s) on average once a month. This 5 minute video walks you through the actual trading signals of this strategy from 5/20/09. At the end of the video, you'll be able to see every trade and how each trade fared. Nothing has been left out, you'll see every profitable and losing trade over almost a 5 year period.

MarketClub's long-term FX strategy captures the large moves in the Forex markets in a way that is different from other trading approaches. Like any trading strategy, good money management and diversification reduces your risk and magnifies your opportunities. For any kind of trading you need to manage your losses and MarketClub's long-term FX trading strategy helps take care of that for you.

What are the pros and cons of this particular trading strategy? Continue reading "A Long-Term Strategy To Conquer The FX Market"

A Intermediate-Term Strategy To Conquer The FX Market

Here's a powerful, easy to use intermediate-term trading strategy that you can use in the Forex market.

A Less Active Approach To Forex

This particular strategy is less active than our short-term FX strategy. This trading approach is best suited for intermediate-term swing traders who enjoy being in the market every few weeks. Unlike the short-term strategy, which requires entering orders every few days, the intermediate-term strategy requires that you only enter your order(s) on average, once a week. In today's 5 minute video, I am going to have you follow along as I walk you through the actual trading signals of this strategy from 9/07/12. At the end of the video, you'll be able to see every trade and how each trade fared. Nothing is left to the imagination and nothing has been left out.

Now, let's take a look at the pros and cons of this particular trading strategy. Continue reading "A Intermediate-Term Strategy To Conquer The FX Market"