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Follow Golden Rules and Consistently Win Trades Introduction Habits are something that is very difficult to change, so why not cultivate some good habits. For a Trader one such habit should be of winning trades. But certainly to achieve that some techniques or golden rules must be practiced wholeheartedly. Systematic Planning and following that is one of the basic rules a trader must follow. A combination of all such techniques when applied together forms the mantra that leads you to the path of success. The paramount techniques that every pl a n must have: Examine your skills Trade only when you are ready to trade. Know your skills and plan accordingly, because when you follow the tricks what other traders do, sometimes it might not work. So realizing your skills and planning according to it would earn you profit. Be prepared consciously For a Trader, the mental strength is an important factor, be it his/her daily life or in forex trading...

Trading Double Top and Double Bottom Double top and Double Bottom are price action pattern formations identified to predict the behavior of the market. As the name suggests, Double Top is when the price action forms two peaks almost equal to each other, and the Double Bottom is when the price action dips to form two consecutive bottoms with only a peak separating the two. Of all the chart pattern formations, Double Top and Double Bottom could pass as one of the easiest-to-identify. Double Top Identification Double Top is formed when the market follows the uptrend and then pulls back. The pullback must have created a peak to its left in order to form a trough. The price then again rallies to form the second peak almost equal to the first, then drops again lower than the trough. The second peak, unable to break through the limit set by the first, marks the resistance and reduction in buying, thereby calling out a potential reversal. Trading Double Top  Neckline ...

Pillars of Forex Trading INTRODUCTION Forex trading is the act of speculating on the foreign exchange market, with the intention to make more money profitably. Forex trading in otherwise said as FX trading, foreign exchange trading or currency trading. Let’s see the pillars of forex trading here. The pillars are listed down as, TRADE ENTRY STRATEGY TRADE EXIT STRATEGY FUNDAMENTAL ANALYSIS SENTIMENT ANALYSIS TECHNICAL ANALYSIS RISK MANAGEMENT MONEY MANAGEMENT TRADE ENTRY STRATEGY The foremost thing to talk about trading strategies is, you need to know the simple methods. Many traders do not even realize what their strategy is or cannot easily define it, because they are trying to bring a bunch of different messy ways together best forex broker in uae . This will put the trader in trouble and trader will find difficulty in making money. So having a plan for the entry would help to succeed. FUNDAMENTAL ANALYSIS ...