Tag: stop loss

One of the keys to success when trading forex is to have a plan of action in place, and have the discipline to put...

The currency markets are fast moving, and if you take your eyes off the screen for just a few seconds, you could easily miss...

In forex trading, as in life, it is common for people to make the same mistakes over and over again. It's one thing deciding...

Retracement or Reversal? One of the trickiest things to predict when trading currencies is whether what you are witnessing is a retracement (a temporary blip...

Sticking to your strategy is one of the hardest things to do as a forex trader, especially when your emotions are running riot mid-trade....

There is nothing worse than seeing one of your trades up by 40 pips one minute only to see it reverse shortly after and...

In the previous lesson, we talked about the importance of using stop losses, and explained the simplest method for selecting a stop loss level,...

It's a simple fact of life that the forex market is inherently unpredictable. No matter how much you research your trades, it's inevitable that,...

In the previous installment of this series, we looked at using Fibonacci extensions to set take profit orders. In the final part of our...

As the old saying goes, 'A failure to plan is a plan for failure', and nowhere is this more true than in the field...

Forex Trading MBA Part 6: Placing Trade Orders! This is the last part 6 of tradersdna Forex trading MBA. In the last previous 5 posts...