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Forex Not To Be A Play Or Gambling

A. Anies

Forex Strategies Information

Forex Not To Be A Play Or Gambling

In the beginning the people looks for the currencies trade as a fast and easy source for the bawdy wealth but... Fast that look changes as a normal result after the loss and the question - How the profit was managed of the currencies trade? - remains without answer... But I have found the answer after loss a lot of money for long time and I will share the answer with you.

I am sure of your success if you have the ablility to understand and follow my successful steps, do you know why?! Because I have been tested it for along period.

1st step: choose suitable Strategy for you and practice on it for three months at least; many forex traders test new strategy periodical even if they have a good forex strategy which make profits. This is a big mistake and they will know that by the hard way. Most of forex strategies are successful but to make profits with it will need to understand it carefully and try it for long time to test influence of the different forex market factors on your strategy.

2nd step: choose a trusted forex broker who is suitable for your needs like forex trading software , the accuracy and the quickness in the orders execution (how can deposit or withdraw your money and their support availability).

3rd step: calculate your forex capital: many forex brokers offer low initial deposit to start forex trading at once, do you know why? Because you are going to loss it at once!! And they gain your money easily. So the capital calculation is an important step as many forex trade operations are lost before divert to the profit as Return to two causes:
* A wrong entering point selection
* News against your technical analysis.


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RU: Producer Price Index (YoY): 6.700 %

RU: Producer Price Index (MoM): 0.600 %

CA: Consumer Price Index (YoY): 2.000 %

CA: Bank of Canada Consumer Price Index Core (YoY): 2.100 %

CA: Bank of Canada Consumer Price Index Core (MoM): 0.400 %

CA: Consumer Price Index (MoM): 0.400 %

IT: Industrial Orders s.a (MoM): 3.500 %

IT: Industrial Orders n.s.a (YoY): -14.300 %

IT: Industrial Sales s.a. (MoM): 0.000 %

IT: Industrial Sales n.s.a. (YoY): -3.100 %

DE: Producer Price Index (YoY): 2.400 %

DE: Producer Price Index (MoM): 0.200 %

US: Philadelphia Fed Manufacturing Survey: -5.800

US: Leading Indicators (MoM): -0.100 %

RU: Industrial Output: 1.300 %

MX: Gross Domestic Product (YoY): 4.600 %

CA: Wholesale Sales (MoM): 0.400 %

US: Initial Jobless Claims: 370.000

CA: Canadian Investment in Foreign Securities: -7.780 $

ES: Gross Domestic Product (YoY): -0.400 %

ES: Gross Domestic Product (QoQ): -0.300 %

JP: Industrial Production (YoY): 14.200 %

JP: Industrial Production (MoM): 1.300 %

AU: RBA Foreign Exchange Transaction: 366.000

AU: Consumer Inflation Expectation: 3.100 %

JP: Gross Domestic Product Deflator (YoY): -1.200 %

JP: Gross Domestic Product Annualized: 4.100 %

JP: Gross Domestic Product (QoQ): 1.000 %

NZ: Producer Price Index - Output (QoQ): -0.100 %

NZ: Producer Price Index - Input (QoQ): 0.300 %

US: EIA Crude Oil Stocks change: 2.128

US: Industrial Production (MoM): 1.100 %

CA: Manufacturing Shipments (MoM): 1.900 %

US: Building Permits (MoM): 0.715

US: MBA Mortgage Applications: 9.200 %

CH: ZEW Survey - Expectations: -4.000

EMU: Trade Balance s.a.: 4.300 €

EMU: Consumer Price Index (YoY): 2.600 %

EMU: Consumer Price Index - Core (YoY): 1.600 %

UK: Claimant Count Change: -13.700

UK: Claimant Count Rate: 4.900 %

UK: Average Earnings including Bonus (3Mo/Yr): 0.600 %

UK: Average Earnings excluding Bonus (3Mo/Yr): 1.600 %

UK: ILO Unemployment Rate (3M): 8.200 %

CZ: Current Account (MoM): 16.830

IT: Global Trade Balance: 2.064

AT: HICP (MoM): 0.300

AU: Wage Price Index (YoY): 3.600 %

AU: Wage Price Index (QoQ): 0.900 %

AU: Westpac Consumer Confidence: 0.800 %

JP: Tertiary Industry Index (MoM): -0.600 %

JP: Machinery Orders (YoY): -1.100 %


4th step: Keep away of your emotions: only you can trust in your forex strategy and what say to you, by this method your money become save and profitable.

Now here is perhaps the most important point of this entire article. Get training! Think about it, many people go to school (College, University or take specialty courses) to learn how to be proficient for their jobs. You’d agree that doctors, lawyers, and other professionals make good money, but they wouldn’t if they weren’t trained for their careers. Sure they paid dearly for their schooling, but the investment of their training became returned upon graduating. Many are now wealthy.

Remember the saying, “Give a man a fish and you feed him for a day, but teach him how to fish and you feed him for life.” Go learn to “fish” and you’ll be well fed for life!

I trust that you’ve enjoyed reading this article and have benefited by it. I wish you thousands and thousands of forex pips! May you be blessed with success in all your forex trades.

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