5 WAYS FOR PROFITABLE FOREX SIGNALS

5

W AY S F O R PROFITABLE FOREX TRADING EQUIDIOUSÂ RESEARCH +1(347)434-9044 www.equidiousresearch.com

1

TRADING STYLE

Identify what type of trader are you. Both will have different roles in trading.

DAY TRADERS : Short term trading opportunities, higher risk, quick and responsive.

POSITIONAL TRADERS: Long term opportunities, patient and emotionally balanced.

For Best Forex Signals www.equidiousresearch.com

2

TRADING PLAN

Having a Forex trading plan is one of the key elements to becoming a successful Forex trader.

Trading Plan Helps you to: •Assessing your skill •Set your risk level •Set yourself goals •Prepare for trading •Set Exit Rules For Best Forex Signals www.equidiousresearch.com

For Best Forex Signals www.equidiousresearch.com

3

TRADING STRATEGY

A Forex trading strategy is a technique used by a Forex trader to determine whether to buy or sell a currency pair at any given time.

Forex trading strategies can be based on: • Technical Analysis • Chart Analysis • Fundamental Analysis • News-based Events.

For Best Forex Signals www.equidiousresearch.com

4

EMOTIONAL BALANCING

All successful traders have come to realize, it is of utmost importance to have a psychological edge in trading and the ability to control your emotions and stay focused.

POSITIVE EMOTIONS NEGATIVE EMOTIONS Feel Inspired

Frustration

Think Positive

Panic

Be Passionate

Be Depressed

Be Thankful

Be Greedy For Best Forex Signals www.equidiousresearch.com

For Best Forex Signals www.equidiousresearch.com

5

MARKET FUNDAMENTALS

Market Fundamentals are the key pieces to determining when a currency is going to rise in value and when it's going to fall.

Trading on the fundamentals – also referred to as trading the NEWS, is the study of news events and economic statistics to determine trading opportunities.

These traders pay close attention to changes in ECONOMIC INDICATORS such as interest rates, employment rates, and inflation.

For Best Forex Signals www.equidiousresearch.com