Forex Strategy Secrets

This little tip is a fast way to group your currencies for quick reference when there is a good move in one group of currencies. i.e. if the JPY pairs are moving, you could group all the JPY pairs for easy access. Just right click in the Market Watch box to get the pop up menu...

If you want to only see a few pairs in a larger format then this will be a handy tool. The Pop up prices window can be opened  by pressing F10. If you select "Always on the Top" in the context menu of this window, you will be able to watch quotes while working with other applications...

This is a must!!!  Be sure you know how to save a template. Background and bars colors, indicators and objects can be made the same for all charts. To do so, adjust any chart as you wish: set colors, superpose objects, attach indicators, etc...

This is the feature that we  use the most of all the great features Meta Trader 4 platform has. To call the "Crosshair" object, click the middle button of the mouse or press Ctrl+F. This can be very useful when working in the full-screen mode...

This is the key tool to doing simulated trading and getting a lot of experience in a short period of time. Use F12 to page through the chart bar by bar. This function can be very useful when you develop and test your own forex trading strategy...

This is a must for saving time in keeping your journal. Closed positions and deleted pending orders can be displayed in the chart. To do so, go to the “Account History” tab in the “Terminal” window and drag the order to the chart using the left mouse button...

You need to know this to be able to move your stop losses into protect profits. MT4 Trading Platform Quick Tip #13

This is a good one to correct mistakes. If you have deleted an object by accident, press Ctrl+Z to undo. MT4 Trading Platform Quick Tip #14

Get a deleted chart back. Charts closed by accident can be reopened with all their settings using the “File -> Open Deleted”.

Print Charts in Black and White as well as Color. Press Ctrl+P to print out a chart. The chart is printed black and white by default, but it can also be printed in color. Just check the “Color print” field in the “Charts” tab of the “Tools -> Options” me

There are forex traders that make livings by making large gains with large losses. Then there are traders that make a living with small gains and small losses...

When a trader sees the market take off, then decides to place a trade, just because the market moved a little bit in one direction or another he/she is chasing a trade thus buying into motion. Never buy into motion...

1. They have a trading method or system 2. They have a set of rules for when to get in and out of the market. 3. They have discipline to follow through with these rules Trading is about making money, not about being correct in market analysis...

When each of us starts trading we all want to make our fortune right away. But we soon find out that there are some things we need to learn and master first. It might be technical analysis, gaining control of our emotions, or developing discipline. Trading is a journey...

Over the next few week we will give you some of our thinking about why we are all different in our trading success.  We have been asked what kind of results will we get with your trading system, what percentages of success will I get?   Lets look at two traders.  They have the same capital,...

Here are 4 fail-proof ways to solve the Pip Auction Game problem, and to guarantee that you’re not going to play it again. You have heard this before, and it’s true, but until now you still have not lived by this rule. You should never risk more for pips than they are worth...

Click here for Post Nine of ‘What Trading Really Is’ Series   A trader must see the big picture in trading to survive and prosper.  If you only look at the small time frames you are only seeing the foothills of a tall mountain.  It is necessary to look at the larger time frames and trade...

Click here for Post Eight of ‘What Trading Really Is’ Series   Trading is all about making money.  If you are doing it for any other reason then you are doomed for failure.  You need to trade from good old mechanical thinking, which is a mark of a good trader.  You get a signal you make a...

Click here for Post Six of ‘What Trading Really Is’ Series   Everyone needs to find the time of day that is best for them be it emotionally, time restraints, or alertness (when you are not tired of fatigued).  Once you find that magic time for you then build your trading around your...

Click here for Post Six of ‘What Trading Really Is’ Series If you take trading seriously you will think of trading as a business.  Not just a hobby, or a way to get a quick rush, or a way to escape life’s problems, or a way of spending some of your extra time.  You can think of trading,...

Click here for Post Five of ‘What Trading Really Is’ Series You are responsible for your success or failure as a trader.  You’re in charge of your trading, not the platform, not your broker, not your trading group Just you.  If something goes wrong you are the one that has to figure what...

Click here for Post four of ‘What Trading Really Is’ Series   By seeing a trade develop you can see in your mind a win or a loss.  Self-destructive behavior can be seen in the markets.  When the price is moving in front of you, you start to anticipate what the market will do.  When...

Click Here for Post Three of ‘What Trading Really Is Series’... Read more

Click Here for Post Two of ‘What Trading Really Is Series’... Read more

Click Here for Post One of ‘What Trading Really Is Series’... Read more

When we trade properly we need to know that we are using the law of probabilities.... Read more

First, the day is split into several sessions. The sessions are most often measure according to EST (GMT-5) or GMT. If you’re on the west coast of America, then you’re dealing with PST (GMT-8). Below are the FOREX sessions.... Read more

A trader can talk about what it takes to become a good trader but that is not enough...

When a trader can’t pull the trigger to get into or out of a trade it is because they don’t fully understand what it take to be a successful trader.  A trader is gong to lose but he needs to win more than he loses and have the wins larger then the losses.   The object is to have your net...

Question: Using Jump Start about how much time would I have to dedicate on a daily basis to achieve 25 to 30 pips per day (and thus make my daily goal of $100 to $150 per day)...

A trader may have a problem pulling the trigger to enter a trade for several reasons.  One they are not confident enough with their analysis.  Two they have not done enough demo trading to see the results of a trade.  This is part of the over 100 trades that need to be done in order to get...