At this moment, no offshore broker has a license in the US. Offshore brokers are in reality not even subjected to US laws, meaning that.
Video Top 10 Forex Trading Tips - FX Strategy Tips (Forex strategy trader)
ThinkForex - The Smart Way to Trade Forex.
Interested in improving your trading strategy?Successful traders use the structure and discipline provided by a well thought out trading planto eliminate emotion from day-to-day trading.Here are some simple trading tips to help you achieve your own quality trading strategy.Trading Tip 1 - LEARN THE RULES OF THE FOREX MARKET.Take every opportunity to learn more about Forex and the methods of market analysis andtrading. A good understanding of the Forex market and the methods of trading are essentialskills to achieve before you begin to trade in a live environment.Trading Tip 2 - CREATE A PLAN FOR SUCCESS. Your trading plan should document your goals,methodology, risk-tolerance level, and analysis process. Your plan will provide the controlsneeded to achieve trading success.Trading Tip 3 - PUT YOUR PLAN TO THE TEST. Use a demo trading account to test your planin real-world market conditions. Demo trading simulates a lifelike trading environment,but without any risk involvedTrading Tip 4 - DETERMINE MARKET CONDITIONS BEFORE TAKING ANY ACTION.Regardless of whether you choose to use fundamental analysis, technical analysis or a mix of thetwo core analysis styles, a complete and regular assessment of active market conditions isessential before placing any trades.Trading Tip 5 - KNOW THE LIMITS OF YOUR TRADING CAPITAL.Many traders only trade 1% to 3% of their total trading capital. A trader with ,000in trading capital and a 2% risk point will never risk more than 0 on any single trade.Never risk more than you can afford to lose.Trading Tip 6 - KNOW WHERE TO ENTER AND
EXIT THE MARKET.For each and every trade, you should identify your entry, stop-loss, and profit goal pricelevels. All of these levels should be determined by the rules of your trading plan.Trading Tip 7 - REMOVE EMOTIONS FROM THE EQUATION. Uncontrolled emotions are one of the key reasonstraders never achieve the success they are seeking. A planned and strategic approachto trading will help reduce any uncontrolled emotions.Trading Tip 8 - KNOW WHAT TYPE OF TRADER YOU ARE.Some traders are better suited for high volume short-term trading while others thrive whenusing a slower long-term style. Understanding your own personality and working with a tradingplan that complements your personality will help ensure you get the most positive experienceand best results from your trading.Trading Tip 9 - DISCIPLINE AND CONSISTENCY WILL LEAD TO SUCCESS.Most traders select losing trades as much as they do winning trades. Successful tradersunderstand weighted risk to reward ratios along with discipline and consistent actionsto control risks and maximize profits, thereby achieving success over the long run.Trading Tip 10 - CHANGE WITH THE MARKETS. From time to time, markets shift and marketmechanics move in different ways. It is important to regularly review your trading plan and,when needed, adjust it to new trading environments as they evolve.Visit our forex education section today to learn more about the forex market.Thinkforex -- The Smart Way to Trade Forex
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In the daily chart the index is trading above the Twenty-day moving average (DMA) and the Forty-DMA, ie 6990 and 6885 respectively. The thrust indicator is trading in positive sort on the daily chart
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