Saturday, July 25, 2009
Friday, July 24, 2009
Potential Reward of Forex Trade
Forex trading has potential rewards, but also potential risks. You must be aware of the risks and be willing to accept them in order to invest in the Forex markets. Do not trade money you can not afford to lose. Nothing in our website content shall be deemed a solicitation or an offer to Buy/sell. No representation is being made that any account will or is likely to achieve profits or losses similar to those presented on our website. Please go to useful links and information to learn how to trade safely. Also, the past performance of any trading system is not necessarily indicative of future
Directional Forex Trading Guide
Medium-term directional forex trading
Medium-term positions are typically held for periods ranginganywhere from a few minutes to a few hours, but usually notmuch longer than a day. Just as with short-term trading, thekey distinction for medium-term forex trading is not the lengthof time the position is open, but the amount of pips you’reseeking/risking.Where short-term forex trading looks to profit from the routinenoise of minor price fluctuations, almost without regard forthe overall direction of the market, medium-term tradingseeks to get the overall direction right and profit from moresignificant currency rate moves.
Medium-term positions are typically held for periods ranginganywhere from a few minutes to a few hours, but usually notmuch longer than a day. Just as with short-term trading, thekey distinction for medium-term forex trading is not the lengthof time the position is open, but the amount of pips you’reseeking/risking.Where short-term forex trading looks to profit from the routinenoise of minor price fluctuations, almost without regard forthe overall direction of the market, medium-term tradingseeks to get the overall direction right and profit from moresignificant currency rate moves.
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