I am happy to announce you that my blog was chosen as one of the top 25 forex blogs on the net! Here is the permalink to the site that awarded my blog www.forexreader.com
My blog is placed as number 12 i think it is reasonable position as it wasn't often updated besides blogs that higher then i am, are the ones that i have learned from, so i advice you to check them out.
What else can i say? This award motivated me to continue this blog with even more interesting forex informations. I will soon write very interesting article on entering and exiting trades. I have got new trading strategy that produces steady results for USD/JPY it will be also published soon.
I will also write some articles on Automated Trading with MetaTrader, i will mainly focus on script and ExpertAdvisors, because as you already know i do not really use indicators. More over i will try to show you how to detect patterns on charts and translate thse patterns into ExpertAdvisor code.
I was also thinking of buying domain and placing there my best articles, it would be good to have those articles available within a click of a mouse, don't you think?
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38 comments:
My congrats, Grzesiek!
Excellent, now you have one more reason to improve this ForeX blog. Congratulations!!
Congrats! Well deserved award for your great site.
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7 Ways To Earn More Income Online With Forex
Trading
(c) Copyright 2007 by Steve Gwillim
Did you know that... hundreds and thousands or
forex traders trade in the forex market online
every day... and make an absolute killing at
it. How do they do it?
Well I am going to give you 7 easy tips that
will help you make more money with forex
trading.
Tip #1: Knowledge is Power.
When starting out trading forex on the net, it
is an absolute must that you understand and
become good at the basics first. Once you have
a good concept on the basics then you can move
forward.
For example, one of the major forex
influencer's are global news events. An ECB
statement is released on Euro interest rates
and this will cause a flurry of activity. Most
newcomers will get scared and wait until
everything calms down. If you hesitate you are
likely to miss out on some great trades. You
must act when the market is in volatility not
when it is in a stand still.
Tip #2: Independence
When you are new to Forex you will be trading
yourself or have someone else do it for you.
Obviously you will make more trading yourself,
but you must know these things.
If you have someone else doing it, don't
interfere what he is doing... he has a
strategy that may take some time, let it ride.
And if you are doing it yourself... don't get
too much information... if you try and get too
must information from too many sources this
will result in only multiple losses.
Take a position, ride with it and then look
back and analyze what has happened. Be
independent and stand strong.
Tip #3: Don't Get Over-Confident
Take tiny margins. It is one of the biggest
advantages in trading forex. It allows you to
trade amounts far larger than the total of
what you have deposited.
But don't get over confident with this... some
rookies get greedy and this destroys many
traders. Only increase depending on your
experience and success.
Tip #4: Trade When It's News Time
Most really big trade occur around news time.
Trading volume is high and the moves are
noteworthy.
This means there is no better time to trade
than when the news is released. This is when
the big guns adjust their positions and prices
change resulting in a serious currency flow.
Tip #5: Exiting Trades
If you place a trade and it's not working out
for you, get the hell out of there. Don't
multiply your mistake by staying in for hopes
sake for a reversal. That is very unlikely to
happen. And on the other side if you are
winning a trade don't pull back because of the
stress levels.
You must learn to tolerate the stress, it is
natural to trading, you must get used to it.
Tip #6 Don't be smart The most successful
traders keep their trading basic. The don't
analyze all day or research historical trends
and track web logs and their results are
excellent. They spend their time in the stress
zone not in the library.
Tip #7: Build Your Confidence
With Experience If you lose money early in
your trading career it's very difficult to
regain it; the trick is not to go off
half-loaded; learn the business before you
trade.
Knowledge is power when coming to trading,
remember that.
----------------------------------------------
--------------
Forex is a game of knowledge... you must know
about the business. That is why I recommend
you check out the soon to be released
groundbreaking forex trading system at ForexAIM.com.
Now, it is time to put this information to action... How are you going to gain unless you put this information to action... you will simply not.
----------------------------------------------
--------------
We Took THREE Beta-Testers That Knew Nothing
About Forex Gave them The New ForexAIM
System ... Result $319,221.00. PROOF HERE:
==> Forex Trading
Congrats, you deserve it! I was curious, have you ever heard of progressivefx Could you do a post on it if you have? I love this system!
Congratulations! I actually found your blog through that site. I am just starting in the world of forex trading and blogging. my blog is http://myforexstory.blogspot.com/
So far my trading hasn't been that great so I'm looking to read about others experience.
Congrats!
I've been a reader for a long time, and it's good to see you get due credit.
BTW traders: There's a new blog that has some similar good stuff:
http://profitingwithforex.blogspot.com/
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