henryduncan12

My best trading time is 8am to 12pm EST. I generally prefer last four hours of the day trade.

AVAFX forex broker is the best broker for me. The following are some features of this broker: * Withdraw Fund Instantly with AVA Debit card * Trade immediately by credit card * FREE Live Webinar To Get Started * 24 hr Trading and Support * Trade 49 currencies, 6 indices & 12 commodities, * Daily exclusive institutional analysis * Euro or US Dollar trading account * 5 Types of Forex Auto Trading System

You should start with forex demo account to learn basic of forex trading then should move for real account. I want to suggest you for AVAFX as it offers forex bonus with each new trading account.

I do not follow any hard and fast rule for it. Sometimes I get out and sometimes continue.

Ezekiel Chew, Can you suggest me which currency pair would be best to trade in current market situation?

Thanks to share good tips and suggestion about trading the News. Even I want to know how to categorized news in low, medium, high on the basis of its impact.

Yes your strategy will work well for you. But you also should be updated with latest market news and it play big role in forex trading.

Go through to trade2wing forum here is FREE FOREX Real-Time Data Feed provider details.

AVAFX is offering free cash bonus up to $1200 with new trading account. So Open and fund your new account and receive a FREE cash bonus added to your account. The amount of the bonus will depend on the account type you open. Site: http://www.avafx.com/New-Accounts-Promotions/

I did little search about methods for identifying trends and found a good site. Source: Trend Identification & Trading There is some methods listed.

Confluence is an important factor of forex trading and play vital role in profit or loss during trading. Therefore most of the forex traders enter only on confluence as you described reason behind it. Thanks to share detailed info about Confluence.

Your rule 2 and rule 3 is good but I think, there is some problem with rule 1. As most of the traders prefer their local time as well as day trade. So, they will not follow rule 1.

There is lots of good brokers and they also offers auto trading option means AVAFX, ONADA, etoro etc. I am not familiar with MBTrading.

I buy at low if there is some trend to go up in near future. But I do not follow 52-week high or 52-week low strategy for buying or selling.

You are right RichardHK, everyone is trading to make some profit. And therefore they follow some strategies.

Risk Management in Forex Trading is very important to reduce chances of loss during forex trading. It can be done on several steps according traders' strategies. Thanks Ezekiel Chew for sharing some useful points with us.

I do not follow any specific criteria for entering in trade. I observe market trend if it show some positive trend then enter for trade and do not forget to set stop loss.

Recently, I added Forex Trading Online: Foreign Exchange (FX) Trading | Currency Trading in this list. It is good site for forex trading articles while previous forex site AVAFX is still in my list.

I think it is good for traders, as most of the brokers were promising for lots of services but in real they are not offer all services mentioned in promotion. It is good decision.

2012 might be good year for USA as there is lots of positive sign that may help. There is some other sources as well for forex guide but I like forex turorials It is best for me.

Hi MadMarketScientist, the shared links are really useful for me as well. Again thanks to share these sources with us.

Thanks to share good trade info about USD JPY. It is my second currency pair that I trade but my first priority is EUR/USD. So, can you share some profitable techniques for EUR/USD?

Thanks to share your 2012 forex trading plan. Same thing is here. I am also planning to go for real account with AVAfx https://www.avafx.com/Real-Registration-Steps/ since next year. I hope next year will good for you and me as well.

I got answer. 1 .Line chart 2. Bar chart 3. Candlestick chart

SIUYA, thanks for your reply. Even I want to know that volatility, some pick up volume, some look for reversals chart can be categorized in some category means technical, fundamental.