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Author Archives: Ahmad Hassam

Specialize In Trading US Dollar (Part II)

Suppose you have the data and calculated the currency correlations of the major pairs. The correlation between GBP/USD and EUR/USD is 0.68. This correlation coefficient means both the pairs move in the same direction 68% of the time.

Learn To Day Trade Forex

Forex day trading is a great way to make money and build your saving account. You should learn to day trade forex. But before you embark on your journey of currency trading, a few facts should be very clear. These facts should be the foundation of any forex trading system that you will use daily for day trading.

Understanding How to Use Risk to Reward Ratio

Many new traders think that a good entry into the markets for each trade is the key to success. Most are wrong, unfortunately. What is more important is trading with a good risk to reward ratio that has a high probability to making a profit. A risk to reward ratio compares the potential for reward with the potential for loss.

Trading Price Action In Forex Markets

To become a successful trader if you are new, you should immerse yourself completely in the subject in order to find your edge. If you already a winning at trading than you should know exactly what your edge is.