Forex2u Forex Strategy On Successful Forex Trading
The essence of the FX2u Forex strategy is that it does not
have any Forex trading system but could forecast the market trend
Every set of Forex trading system available has its
disadvantages. The market trend could not be forecasted. If the
market could be forecasted, by depending on the RSI, PAR, MOM
analysis techniques and some other theories, Forex traders could
easily make a fortune.
Many Forex traders could not obtain the anticipated outcome by
using these analysis tools, and suffer huge losses. The main
reason is relying on some imperfect tools to forecast the
unpredictable market trend is just a waste of effort. Therefore
the FX2u Forex strategy spirit is to abolish the entire
subjective analysis tool.
To survive in the market is to follow the market trend,
following the market trend is the essence of the FX2u Forex
strategy. By using the opposite theory to enter the market, will
only lead to lost. The reason is that if the market rises, it may
continue to rise. If the market drops, it may continue to drop.
No one is able to forecast when the market trend will stop.
By following the market trend, the market risk could be reduce
to the lowest, the FX2u Forex strategy will advance the following
the ten principles:
fully understand the how market function and the market trend,
else don't trade
After entering the market, the Forex trader MUST immediately
put a market stop.
If the stop order has been hit it MUST be executed
immediately, NEVER make changes by lowering the stop order
If the forecast is wrong, Forex traders should leave the
market immediately, then analyze again.
If the forecast is wrong, Forex traders should stop loss and
should not increase trading.
Forex traders should admit mistakes, do not continuously make
All analysis tools are imperfect, mistakes could always
If the market rises Forex traders should buy, if the market
drops Forex traders should sell, always follow the market
Forex traders should not forecast the market price because
such forecast will not be as easy as forecasting the market
If the forecast is wrong, once the loss reach 10%, Forex
traders must stop loss immediately, do not let it surpasses 10%,
otherwise it would be difficult to recoup the capital again.
Alvin Han is the editor of http://www.forex2u.com; http://www.forex2u.com/fx2u-forex-strategy.html
MORE RESOURCES updated Tue. February / 19 / 2019
A Brief Introduction into Forex Trading Living Well Magazine
A Brief Introduction into Forex Trading Foreign exchange, more commonly known as forex, is the global currency market. It's where all the world's currencies are ...
Types of Forex Trading Brokers FXDailyReport.com
The currency market or foreign exchange market is a global decentralized market for trading of currencies. This market includes all facets of exchanging, buying ...
How to Trade Forex Without Watching the News DailyForex.com
One of the biggest misnomers that traders will run into when they start to trade Forex is the fact that “news matters.” While news does affect financial markets, ...
All eyes on monetary policy statement The Herald
Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya is this afternoon expected to present the eagerly-awaited Monetary Policy Statement (MPS), ...
Government supports online forex traders Bulawayo24 News
THE Government is ready to support the Forex Traders' Association of Zimbabwe (Fotraz) through the establishment of a Special Economic Zone. Industry and ...
Key Forex Investment Strategies For 2019 NuWire Investor
The forex market, now standing at close to $3 trillion in trading per day, is one of the most lucrative markets to trade in. At the same time, risk mitigation is of ...
Mnangagwa losing war on money changers Bulawayo24 News
Despite introducing a heavy penalty aimed at deterring would-be offenders, government is losing the war on illegal money changers in Harare as they are now ...
Discover the FOREX in Nigeria ABCmoney.co.uk
What is Forex or Forex Platform? FOREX is the initials of the Foreign Exchange, it is also known as the Forex market / Forex platform because they are buying ...
Trade talks: optimism or cataclysm? MarketPulse
The Asian and European stock markets rose yesterday with China a stand-out, climbing over 3% as markets set multi-month highs. Oil also rose in Asia before ...
How to earn with forex trading Independent Online
Forex is an international over-the-counter market, where speculations with currency pairs are made. Due to the high liquidity and volatility, trading on the foreign ...
Time-Critical Forex Trading Considerations NuWire Investor
Recently, the UK changed from BST to GMT and soon, most of the US will move across to Daylight Saving. For most people, it is an indication that it is time to ...
How to thrive in online currency trading Born2Invest
The online currency trading market has seen a steady growth rate fueled by technological advancements and the simple need to trade goods and services ...
How to Excel in Forex Money Exchange Prague Post
Forex money exchange is about learning the art and honing your skills to reap from the market. Keep reading to gain knowledge and excel. Forex trading can be ...