Home: Authors: Allan Foulkes

Status: Member since September 26, 2012
Location: Australia
Articles: 30 Active Articles, resulting in 314 views
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The one minute trading systems can suit everyone, if you show a little patience though, as it may be required.
Because of the unique nature of one-minute trading, it requires special considerations that may not be as critical, with longer term trading systems.
A good trainer and mentor will help his student avoid the pitfalls of the path towards trading proficiency and success.
Automated trading systems include Forex robots and trading signal software.
There are so many so-called secrets in the art of Forex trading.
The foreign exchange market involves constant buying and selling of foreign currencies, made by simultaneously buying one currency and selling another, with the aim of getting the direction of the fluctuation correct and therefore making a profit on the transaction.
If only this writer had known much earlier, how easy it was to trade in the Forex market, he would have put every effort to get into it years ago and got over the initial phase of being disheartened.
Day trading is a type of short term trading that typically closes out the trade before the market closes, the trade is intra day. This type of trading was made famous by the stock traders in the US, especially around the tech wreck in 2000.
I have a number of trading cronies who for one reason or another have different opinions on scalping, I of course am referring to scalping the FX markets, taking lots of little trades taking the tops and bottoms of sideways markets and just going with the flow, get in get out, lock in 10 pips, thanks for coming.
Is it feasible to place support and resistance lines on a one minute chart and have the market respect them?
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