Forex Trading Tips
Forex Trading Tips
Hello All,
I would like to start by writing that I will try to post more videos on Forex Trading Tips that I deem as 'worthy' for writing about. I am well aware that the info posted here is not anything new to many, in fact there are many searches on google that you can read about patterns like 'Double Top' or 'Triple Top' and 'Head and Shoulders'. If you think about it, there is so much info on the web, right? so why is there any need for another Forex Trading System? Well I would like to mention that regardless of the Trading Patterns the Best so called 'setups' you still need that very important winning mindset in Trading.
Forex Trading Tip #1, Have No Set System, as Part of Your System!
This may be confusing to many looking for that incredible NEW system. Well to me it's simple the markets change each day how can we possibly use the same system each day. Now if your Forex Day Trading System includes the concept that your system is to have a system that changes daily......then hey I guess this is your system.
Forex Trading Tip # 2, Know Your Patterns
An important Forex Trading Tip is to know your trading patterns . When looking for a trade it is a added bonus if you also see a 'Pattern'. This video shows a pattern that outlines a 'Triple Top' and a 'Head and Shoulders'. I hope to post some more Forex Trading Tips as the slow markets continue, although I must say today was a nice exception.
All The Best
Brooklyn Trader
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- Posted by fx_Trader
- On August 30, 2012
- 2 Comments
2 Comments