Trade the News in Forex: How to Capitalize on the Biggest Moves in the Market by Michael Duane Archer How to profit from news that moves the Forex market Trade the News in Forex shows readers everything they need to know to profitably trade specific Forex news events. It begins with a discussion of what constitutes Forex news, then highlights several common news trading techniques and outlines how broker dealers have ...
Originally Posted by matfx Today’s article is going to give you guys a “sneak-peak” into exactly how I decide on my stop and profit target placements. I get a lot of emails asking how I decide where to place a stop or where to place a target, and while there is no one-size-fits all answer to this question, there are certain things that you should consider before entering a trade that will make determining the best stop and target placement much easier. Placing stop ...
Originally Posted by matfx Placing profit targets Placing profit targets and exiting trades is perhaps the most technically and emotionally difficult aspect of trading. The trick is to exit a trade when you’re up a respectable profit, rather than waiting for the market to come crashing back against you and exiting out of fear. The difficulty of this is that it’s human nature to not want to exit a trade when it’s up a nice profit and moving in your favor, because it ‘feels’ like the trade will continue on in ...
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