- IG | CFD Trading & Forex Trading
- Forex Trading Journal - Learn To Trade The Market
- Orient Financial Brokers :: Online Forex and CFD Broker
- Trading Concepts, Inc. | Mentoring E-Mini, Stocks, Forex
You are looking to build a business. Forex trading is your business. A business that only needs less than two hours a day.
IG | CFD Trading & Forex Trading
At XM what you see is what you get, with no hidden terms. Be that pricing, execution or promotions. What we advertise is what we give our clients, regardless of the size of their investment.
Forex Trading Journal - Learn To Trade The Market
Planned Stop and Planned Target: You will put your pre-determined stop and target price in these boxes. It’s very important to pre-define your stop level and target level. If you have pre-determined that you will trail your stop, you can just type something in this box describing your trail method, for example you might type 8775 trail stop each time trade moves 6 times risk in my favor 8776 .
Orient Financial Brokers :: Online Forex and CFD Broker
The pin bar formation is a very valuable tool in your arsenal of Forex price action trading strategies. The best pin bar strategies occur with a confluence of signals such as support and resistance levels, dominant trend confirmation, or other 8766 confirming 8767 factors. Look for well formed pin bar setups that meet all the characteristics listed in this tutorial and don’t take any that you don’t feel particularly confident about.
Trading Concepts, Inc. | Mentoring E-Mini, Stocks, Forex
Hello Nial, though I am very newbie to forex I really understand your tutorial very well. It is clearly explained and it met all the points. Once again thanks for your tutorial.
I am impressed with your knowledge of the forex market and your clear explanations of price action. I am a new trader that has decided to focus on the forex market. I promised myself not to waste anymore money on information and schools but I am close to making an exception for you. I realize that I must have a mentor that knows what he is doing. I have lost approx. 75% of my account in 6 months, going through the usual 8775 hard knocks 8776 every trader goes through. I usually learn things the hard way. I am determined to become a profitable trader. Recently, I took the 8775 extreme 8776 step of taking myself out of the market and only trading on the simulator of my Trade Station account.
8775 At market entry 8776 This means you place a 8775 market 8776 order which gets filled immediately after you place it, at the best 8775 market price 8776 . A bullish pin would get a 8775 buy market 8776 order and a bearish pin a 8775 sell market 8776 order.
With increased volatility comes increased risk, which IG will reflect ahead of the vote by raising margins on affected markets.
In the following daily USD/JPY chart we can see an ideal pin bar formation that resulted in a serious move and trend reversal. Sometimes pin bars like this form at significant market turning points and change the trend very quickly, like we see below. The example in the chart below is also sometimes called a 8775 V bottom reversal 8776 , because the reversal is so sharp it literally looks a V
You can download the Forex trading journal that I use click here to download the forex trading journal spreadsheet excel file (you will need ms office to open this file).