How to Become a Successful Forex Trader

Why choose forex market:

• Largest Market in the World - Trades Approximately $1.9 Trillion Daily
• Open 24 Hours a Day - 6 Days a Week
• No Commissions
• Better Leverage - Up to 400:1
• Trading 5 Major Currencies is Much Simpler Than Choosing Between 8000 Stocks
• Highly Trending Market
• Unsurpassed Liquidity Provides for Superior Execution
• Major Banks & Hedge Funds have been profiting from FX for decades. Recent developments enable retail traders to participate and take advantage of this market.

Fundamental Analysis

• Geopolitical Events
• FOMC
• Employment Data
• Beige Book
• Inflation Data
• International Trade
• The Benchmark

Basics of Technical Analysis

• Support and Resistance
• Pivot Points
• Trendlines and Channels

Fibonacci Retracements and Projections

• Charting with the Fibonacci Sequence
• Fib Retracements
• Fib Projections

Price Patterns (Fractals)

• Ascending Triangles/ Descending Triangles
• Double Bottom/Double Tops
• Head and Shoulders/Inverted H+S

Japanese Candlesticks

• The Advantages
• Doji
• Double Doji
• Hammer
• Inverted Hammer
• Shooting Star
• Morning Sun
• Harami Cross
• Engulfing

Technical Indicators

• Moving Averages
• Bollinger Bands
• Average Directional Movement Index
• Parabolic SAR

Technical Oscillators

• Moving Average Convergence Divergence
• MACD Histogram
• RSI

Systems, Statistics and Data Management

• Introduction to Trading Systems
• Mean, Standard Deviations, Randomness
• Application of Spreadsheets in Trading

Putting it all Together and Promoting Good Habits

• Risk Management Techniques
• Decision Making Techniques
• Trading Logs
• Building Account Equity

try to learn it on actionforex, marketiva,

or sign in, into that site, then they will keep update, the forex growth,prediction to your e-mail.