Casey Stubbs

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Browsing Archive: January, 2010

Some Examples Of How You Can Trade Forex Breakouts

Posted by Casey Stubbs on Wednesday, January 27, 2010, In : Trading Strategy 
Trading breakouts is undoubtedly one of the most effective ways of trading the currency markets. It works because the masses will often act upon these breakouts, and therefore as a result each breakout will often move even further in the required direction. So how you can successfully trade these breakouts yourself?

Well you can start by just looking at price patterns of the major currency pairs. Although they will often fluctuate all over the place, at some point the price will enter a quiet ...
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Why You Should Develop Your Own Currency Trading Style

Posted by James Woolley on Friday, January 22, 2010, In : Forex Trading Tips 
Currency trading is now becoming fairly mainstream thanks to modern technology. These days anyone who has an internet connection and at least a small amount of capital can start trading the markets. However it's not as easy as it sounds, which is why you need to think about how you are going to make money.

Your main focus should initially be on finding out what kind of trading style suits you the best. Once you've established that, you can then start developing your own trading method which ...
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Why Do Many Currency Traders Lose Money Trading The 1 And 5 Minute Charts?

Posted by James Woolley on Thursday, January 14, 2010, In : Forex Trading Tips 
Forex traders will use a wide variety of different price charts when trading the various currency pairs. Some will prefer taking a long-term view, some will trade the 1 hour or 4 hour charts, whilst others will trade the short-term charts such as the 1 and 5 minute charts, and it's these I want to focus on in this article.

The major appeal of these time frames is that trades don't last very long. If you're lucky you can bank plenty of quick profits, whilst cutting your losses early if trades ...
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