Hi, this is Maria. One thing that many traders find difficult to do is to trade news. Here are some tips on how to do it:



1. Chose the pair you want to trade.



2. Find a high impact news of that pair. You can find it at http://www.fx-megaforex.com/calendarnews.htm. And see at what time and day those the news is going to…

Hi, this is María. This time I will like to share with you the common mistakes many of us do while we are trading. Avoid them in order to become a successful trader.

1. Not waiting for the proper trading signal: This tends to happen a lot during those quiet times when the market is consolidating. Some traders even receive the forex signal and open the position thinking they will gain more money, and don´t wait to enter when the entry point had been reach. Don´t do…

Hi friends and welcome to a new week, here is a brief summary of the major economic news for next week. I hope you can make your forex plan and make a lot of money.



If you need to read about the weekly analysis of the currencies please subscribe to http://www.fx-megaforex.com/signals.htm in our professional package.



Now the…

GBP/USD: Technical Analysis

The formerly made forecasts come true – the resistance at the reached degrees caused the downgrading rollback, the price sank down to the support at 1.4920/10 at first, but later went ahead sagging after giving the

matter some thoughts. Up to now it has approached to the…

Forex Market Update, stay in the know with 6 Forex management.com

see what we can do for you:…

Hi, this is María today I want to share with you some question many trader ask me every time, How much risk is allow?

Well, let me answer there is a rule about 5%. The 5% rule pertains to the TOTAL amount of the account balance at risk at any one time regardless of the number of trades open. So, if you have one trade open, 5% is the maximum allowable risk. If you have two trades and the risk is divided equally between the two, it would 2.5% per trade...and so…

• starting equity $100
• after 20 selected trades within the month of february, equity gain was up from $100.00 to 252.71 USD (+152% pnl)
• hit ratio on short positions 83.33%
• hit ratio on long positions 62.5%
• consecutive win average…

FOREX MARKET UPDATE:

STAY IN THE KNOW WITH 6 FOREX MANAGEMENT.COM

Activation of the EU/IMF financial rescue package for Greece led to some tightening of the yield spreads…

Moving averages are one of the oldest and the most popular technical analysis tools. There are different types of moving averages, including simple, exponential, time series, triangular, variable, volume-adjusted and weighted. You can also calculate a moving average of another moving average.

Here I only will discuss the simple moving average: is used to calculate the average price of a commodity at a specific point in time. It can be used as a basis to determine support and…

Many traders heard that the market is a game. Get the right numbers, the right calculations and you will be ok. So why is it that so many trader end up on the losing end of the market? The answer is interpretetation. The numbers don`t lie, but your mind and feelings do. Your hopes and fears can make you seen things that just aren`t there. When you trade in Forex is more a matter of the mind than it is about the numbers. Any trader can tell you that is a game of psychology. When we talk about…