Before we explain in detail what the mechanics of trading points in the forex market, and the best, how can we use them in trades, we will detail the importance of having a secure base in a probable Setup forex. See, to trading on the market you need to know the right time to open a position. Also necessary is done to know the right time to open a position.

Well. With some knowledge of trading points, the trader will be able to identify good business opportunities in the forex market. These opportunities should always be attended by a negotiating point. There's nothing to speak of Trading without a negotiating point. So its great importance.

BASE OF A NEGOTIATION

Trading points are so important that, even with the emergence of a great sign of price action, without them, would not recommend Trader open a position. I say with the utmost certainty that a trading point is not only more important than the stop loss. Trading points are basically formed by supports and resistances. These, in turn, are the horizontal and diagonal lines.

The trading points should be studied very carefully by the Traders operating forex. Support, resistance, uptrend lines and downtrend line should be plotted on the chart with the highest possible degree of refinement.


FIND A TRADING POINT AND TURBINE YOUR PROFITS

Let's look at the picture below and highlight the main points of negotiation found. The AUD / USD had several of them in a period of 6 months. Among them we find: uptrend line, bearish trend line, support and resistance.


Each point of negotiation formed will give an opportunity to open up a position. However, the mere presence of a point of negotiation, still is not enough to open up an order. For this, we need some more relevant factor. There are only two possibilities for the emergence of a strong indication of conducting a Trade: the presence of a sign of price action or the presence of another point of negotiation. Or all of them together.

Often the market is "generous", indicating three overlapping factors as image below But remember, at least one of these factors must be a negotiating point. Never occur, for those who trade forex with Price Action, an opportunity to buy or sell only to one or more signs of Price Action. Hence the importance of seeking, first, good input basis in the chart. After that, we will have to seek another relevant factor, be it another point of negotiation or a sign of price action.


You must be organized with your Trading planning. Over the weekend look to score in their trading platform the main points of existing trading. Trend lines and horizontal lines. You must be a Trader forex shooter professional elite. always seek the best and strongest setup's on the chart, and not many opportunities in a short period of time. Remember that what counts is quality, not quantity

I want to talk a bit about risk with you. One of the biggest challenges to learning and teaching is to make sure that we understand each other (the best we can).

Risk, as other words in Portuguese is a word that is written in a unique way, but often used to describe different ideas. Know the definitions of each will help you get a quick understanding of what we are talking about.

Sometimes we use the word RISK to describe the risk of our capital at any given moment in time. We call it "risk to property." Making an extension, it is as if there were a serious risk to capital. That is, if something unexpected and unprecedented in the market place normally. But you can also be in the situation that if you trade without a stop loss or without discipline (a real account).

The word risk is also used as follows: It "seems risky." This is a way that we call "risk tolerance". It's like the circumstances (more equity, unknown circumstances) leave us with the feeling more risks at stake. For me, risk tolerance specifically means the time when your feelings interfere with their execution, causing a change in behavior.

Risk is also used for risk and return. This is a relationship between the percentage that you can lose, and the percentage that you can win. This is a very important concept, but here I just want you to know that this is just another way that the word "risk" is used.

There is another way that we use the word risk, and I want to give you attention to it, "the risk was high because the setup was based on the release of non-farm employment data".

This use of the word RISK is symbolizing a factor that decreases the probability of gain. We could only an easy way to tell that "the probability of success is lower". It is the same thing as when I referred to a "high risk". In the context, saying "the probability is low" is probably a better way to communicate. But as an instructor, there are some ideas that people do not want to accept, and you have to do it.

For example, you'll notice that we wrote the words risk and return with the word "risk" appearing in the first term. But when we actually write the numbers, it is the reverse that occurs. 2: 1 is actually 2 return and risk 1.

We see the price going to a resistance area. If everything looks good, I can say that the point of negotiation increases the risk, so you need to take the movement a better price.

As you can see, learn to trade forex can be tricky. You understand what I'm really saying? The only way to know is checking. And so, again emphasizing the importance and traders community.

You'll notice that while practicing techniques and applies logic, that's when you get feedback from other traders. Hitting, your confidence increases. This is important. Most traders out there do not have it because they do not have much feedback and the only way to gain any trust is negotiating with consistent success. Increase your confidence as part of our traders community of price action.

The forex market offers the opportunity to its products being traded followed five days of the week and 24 hours a day. Who does not have time to operate during the day you can open a purchase order or sales overnight, or even in the early hours of the day to get up early to go to your precious job. This really is an advantage for those who consider that there is no time available to plan an operation.


The Myth of the Day Trader


However, this full availability of the forex market can have serious consequences for traders who do not have a good psychological control. DayTrading do with the ability to operate multiple times in one day, and the better the chance of profit in each of these operations will let the investor salivating for probable profits in the market.


However, this does not exist or at best, is only a myth. Everyone has heard of someone who swears profit making several operations in one day. Operate several times over a short period of time, in fact, behind serious consequences to the trader. Among them, I consider that the lack of peace is the strongest. And the appearance of this feeling ends up creating other feelings destroyers. It is the famous domino effect.
forex

Let's see. The trader opens your trading screen through the 5-minute chart. He begins to analyze various currency pairs in search of the best Setup Price Action. He finds a convincing and decides to open a posição.Porém, it turns out to be a loser. He then decides to take revenge of the market and opens another position. This time overloaded destroyers feelings, with little effect, and the result, again, is negative.

The time elapses and in less than an hour our friend has opened seven positions. Analyzing your trades, we realized that the most reasonable position he opened was the first because the other following served to foster feelings of anger, revenge, depression, etc.

In the military there is a professional we should reflect on: the sniper. A type of soldier trained to kill with only one shot. He is lying with his eye firmly placed in the crosshairs, control your breathing and not waste time with useless victims of being eliminated or that they do expose. If this happens, it will also be deleted. The sniper, in extreme cases, gets to be hours or even days in the same position. All this waiting for the best time to do another victim.


Trader which Shoots for All Side

 trader forexAo opposed this soldier, the vast majority of traders want to be a soldier with a machine gun in front of the battle. He sees a group of enemies in front and already out shooting all over the place, leaning against the mere possibility that some of those shots hit one or a few enemies. However, their exposure is higher and their chance of survival is much lower.

In the forex market can not behave that way. We must seek quality in trades and not quantity. Operate with patience, seeking the best Setups, through the signs of the Price Action at the trading points, making the proper risk controls and money. If the market does not show a possibility that moment, we wait another, either in an hour or a few days. The ideal is to do at this point is to turn off the computer screen, leave it in standby mode try to do something different. Hiking, reading, good coffee (love). In short, is in charge of your creativity.

Many beginners hardly know the forex market and 15 days are already opening its first investment accounts in Forex Broker. How do they choose these brokers? What are the criteria? The fact is that these criteria are the most possible surface, such as ease in deposits by credit card or the amount of the initial deposit bonus, which can reach 100%.

There are basically two types of forex brokers in the market. These two I'll explain quickly here. We know there are brokers "Market makers" and "ECN / STP." What you need to understand is that both want to make money from you. This is completely normal because they are companies, and profits is what businesses want.


Up to this point everything is perfectly normal. Only not. Brokers Market Makers "twist" so you have your operation at a loss. Because? For his order, in fact, it is not in the "market." Your order is on the operating table this broker, known as Dealing Desk.

Brokers Forex Market Makers

To understand this practice Brokers "Market Makers", you must first know one fact: these brokerages your order is not sent to the main provider of liquidity in the interbank market. Your order is negotiated directly with the brokerage itself. She eventually becomes the other hand, because someone will have to cover the amounts involved.

When there is the period before the launch of a news "bombastic", many orders are placed by many traders. And when these orders are placed in one direction, buying or selling, the broker does not have to cover this huge amount of God customer margin, so some go so far as to reject certain orders, causing some of its customers are without entering in the market.

What you need to understand about the Brokers Market Makers is: your profit is the loss of them, and vice versa.

But do not get discouraged. Amazingly, most of the brokers commonly known as Market Makers is regulated and supervised by leading market control bodies on the planet.

Since we understand some of the behavior of Brokers Market Makers, let's not waste too much time trying to understand the ECN broker / STP, because the operation of these brokers is the way that all investors expect. You place your order and the purpose of your broker is throw it in the liquidity providers in the interbank market. And if you win or lose is your problem, not the Broker as it will earn commissions or spread's.

The prices you see on your computer screen are actually the price of liquidity providers, which in the case of Market Makers broker may be different showing only the prices that your Broker wants to show.

Conclusion

The fact is that it is logical that the brokers want to make money. In the case of Market Makers, who are literally market makers the damage you take will profit them but we have to see that this term "Market Maker" is a play of market of Brokers who do not work that way. The vast majority of forex brokers do it, and like it or not, are the brokers that provide greater facilities for its customers.

Maybe in the future we will Brokers with similar systems with ECN or STP, which would be the maximum. But until then, most traders, especially beginners, will have to settle for the cost / benefit and have small accounts for investments. Already experienced traders and "bullet in the needle" should seek brokers with healthier practices.

The difference between these designations may be subtle, but with a great importance to the trader of the forex market. While the first is that the market "can do", causing the trader to work on the possibility that anything can happen, the second is that the market is "about to do", meaning that, according to its analysis the market is likely to rise or fall.


What the Market Can Do?

All. Assuming that the market can do everything, you become independent and therefore work with the possibility that all or in all directions your currency pair prices may move.

For more "perfect" that is its analysis. As beautiful it is that Pin Bar leaning against a stand still, you will have to work with the possibility that prices may fall further.

And a trader working with "the market can do everything," of course, always use a stop loss.

What the Market Is About to Do?


In this case the direction that the market can take will depend on the trader's analysis. We are talking here about technical analysis. Whatever the technique that the trader use to operations, fibonacci, price action or moving averages, the aim of the trader is to find tips on the chart to show him the direction that the market is more likely to achieve.

It's good to make it clear that no existing technique is able to identify exactly what the market is about to do, even if some gurus say otherwise.

Conclusion

The professional trade works with these two grounds: one gives us security and the other calls for the decision. Security because if we admit that anything can happen in the market, so we have to work with all the possibilities, including a lack of energy in your home minutes before placing your stop loss order, or even a drop in the Chinese stock market.


Freedom is inextricably bound to acceptance. Freedom is to accept everything that happens around us, and not try to control things, much less the movements of the couple. Do not try to control the market. If you do this, you enter an infinite loop that I call the trader's losing cycle.

Hello, traders. Today we did a column that will advice you a lot in their bazaar operations. I absitively to blow on four key issues for any broker forex market. Following anniversary of these tips, your achievement in the forex access of amazing way! If you are disturbing to accomplish a ascendancy of your money to advance in forex, I accept four analgesic solutions for their business. Do not overlook to chase anniversary of these tips, okay?

1 - Use Stop Loss

The amount one tip I accord to you not to lose money in forex is to use stop loss. Besides accepting a abundant tip, I would say it will accept the stop accident in the forex bazaar operations should be apparent as a rule. That is, there's annihilation to allocution about aperture a position after ahead we plan a adequate abode to abode a stop accident order.

Avoid accepting into an operation after a careful order. If you do not apperceive area to put the stop accident is a assurance that the operation does not abide or you are not yet accessible to accessible it. Accede the stop accident as a axiological claim of a barter in forex. A adequate setup, as the amount activity signals and trading credibility advertence a acknowledged operation after a adequate abode to stop accident is not abundant for we columnist the activate in a bazaar transaction.

2 - Accomplish a adequate accident administration / money

riscoUma administration adequate accident administration and money, as able-bodied as the stop accident is accession key affection to accessible a position in forex and appropriately important for a banker not to lose money in the market. One depends on the other. If you are clumsy to accomplish money and accident management, can not acquisition a adequate abode to put a stop accident in trading forex.

How abundant you are accepting as a accessible accident in forex, it should be acclimated as the base for the amount that will ascertain your accident on anniversary trade. I accede ethics ​​around 1% to 2% of an adequate trading annual as chancy best percentages in anniversary operation. In accession to the chancy amount in operation, we accept to get into trades that accept a adequate adventitious of success, breeding a college acknowledgment than the risk. If you use a hazard arrangement / acknowledgment of 1: 2 is a assurance that in the continued run, your money has a able appreciation, accustomed that their profits per barter are greater than their losses.

It is aswell important to accept a adequate hit amount in anniversary operation of the forex. aloft 60% ethics ​​are adequate for a advantageous routine. Hence the accent of our assay the trading action with backtests and aswell in a apish account.

3 - Do not use money that you can not miss

forexUm bazaar of the greatest enemies of forex traders is that some of them use adopted money or too leveraged. This is a way to affect our psychological. If we are application our money, which had been appropriately planned and adored earlier, our apperception becomes added agreeable and, if we ache some baby loss, we were not anon tempted to accord change in the bazaar to balance that money.

Always hit the button that the forex cerebral agency is critical, as a adequate trading action and accident administration / money. If you use money you can not lose in forex, it is best to assay their concepts investments. Abstain application a basic that, if lost, would blemish their amusing life. Also, abstain putting all your investment money in forex. It is important not to put all eggs in one basket. I, for example, use a allocation of my basic to advance in forex. The added allotment diversifico added types of investment.

Another tip is to alter your profits. If you are managing to accomplish money in forex, aces up a allocation of these profits and alter into added assets. Be artistic and accomplish your money go further. A allegory that usually see amid bazaar gurus is the admixture interest. If we are talking about equity, which is the case of forex, we can not anticipate that way. Admixture absorption is admirable and actual simple to understand, but in practice, no one does it. I do not apperceive any banker who reinvests the basic that had profited in forex, in a acclimatized address authoritative every penny of admixture absorption work. In forex the ideal is to accept an investment account, authoritative withdrawals of profits with a assertive abundance and diversifying basic profited in added markets.

Compound absorption does not plan in equities. Believe! Sooner or after you will draw their profits. Thereafter, admixture absorption were to waste!

4 - Use a acceptable strategy

forexEvite action application automatic systems or yield your absorption from what absolutely affairs in the market: prices. Our computer screen, application abstruse assay software, shows us the appropriately advised candlesticks. Anniversary canlde shows us able a