Online Trading Business
by Sunmax Traders Online Forex Trading / Financial ServicesLet's talk today about Online trading.
Currency trading can bring very nice gains with proper education.
Markets move in a particular manner and one can take advantage of the movement
patterns. For example, GBP/USD SELL was opened at 1.5680, now with a
STOP of (25 Pips) at 1.5705, Target was set at 1.5580 (100-Pips). See how nice the
Risk/Reward ratio is 1:4. Means risk of US$250/= made US$1,000/=.
Now if you do not have time to do the research yourself, professional help is always
available. For a fee you can get profitable trading signals OR even use Managed
Account facility to let a professional manage your account.
Some tools like Fibonnacci Retracement, Trend Lines & Stochastics are widely
used in trading. Also please consider the fact that Non Farm Payroll (A Data
Number released on the first friday of the month) moves the markets very fast.
Lots of price movement in a very short time can be seen just after the release of this
data.
Sponsor Ads
Created on Dec 31st 1969 18:00. Viewed 0 times.