FOREX TRADING MARKET.

What is the Economic Calendar and What is it For? 

Why is Economic Data Important for Traders?

FOREIGN EXCHANGE RISKS AND BENEFITS.

Although, making money in the Forex Trading Market is a must if you know "how to", so also are some risks. But, if  you know "how to" it can be avoided. No one can actually determines or say categorically that there are more benefits in the market than the loss. It is true that the platform or the Forex brokerage platform, Forex trading signals, Forex trading strategies or trading trending could be of help, a good money management control seems to take the center stage.
 
This where a good money management idea came to play. There are a lot of books there, lectures, tutorials and many articles concerning the risks, as a trader you must be able to perfect your own trading plans so as to break even at all times. To assists you in making money from the Forex Trading Market, I not only found this tutorials of help to you but the site is a must visit for anybody or trader who takes trading the market very serious.

Do not forget to drop a comments so as to enabled me know how the message from the site is to you or as benefited to you. Find it here:
https://www.investopedia.com/university/forexmarket/

     MONEY MANAGEMENT IN FOREX TRADING :HOW TO USE RISK REWARD RATIO TO PROTECT YOUR ACCOUNT IN FOREX TRADING .
                 Risk reward ratio is one of the tools a Forex trader needs to protect its account from losses .This simply allows you to  calculate how much you intend to give away if the odds is against you compared to how much you intend to earn if they work in your favor . An example is a situation where you set up a stop loss of 10pips and a take profit of 20pips , giving you a risk reward ratio of 1:2. I have had the opportunity of monitoring some trader accounts to find out what exactly could happen to their accounts . I learnt  that many  trader always short changing them self  because of fear . He places an order with a stop loss of 50pips and take profit of 5 or 10 pips .The reason some have given this type of trading decision has been that it would be easier for price to reach the take profit than to the   stop loss .
                   But , instead of short changing yourself this way ,you can own a trading system or strategy that is good with definite market / price  . If you are trading along with the trend , you stand a better chance of having a good risk reward ratio .My trading strategy often allows a risk reward ratio of 1:5 . This system is for news trading . If you are not a news trader , I will suggest you work out something that give you at least 1:1.5 or 1:2 risk -reward ratios. 1:3 may be way too much for a technical trading system . With a good risk reward-ratio, you can make up   of any lapses your trading system might have .
For example if you spot 10 trading opportunities in a week trading only news events , and happen to loose 5 and win 5 which is 50:50 . With a risk reward ratio of 1:5  one of the system I use offered  (assuming you risk 6pips on a trade ) 5 losses will equal 6x5=30pips. And with a Take profit of  30pips on the other 5 trades , you will have 30x5=150pips.
Net profit = 150 - 30 giving you 120pips .Find out what works best for you and protect your account .
http://www.onlinestocktradingmagazine.blogspot.com

Money Making Opportunities In Forex Trading:How to make money in Forex trading the Non-Farm Payroll in the Forex Trading Market. To be successful and made money in the Forex trading market,you must take economic report as your friend.Economic report interpreted by professional traders as economic indicator in trading chart forms the basis of trading strategies used by traders in making money in he market. Market investors frequently trade on information they believe to be superior and relevant,when in fact it is not and is fully discounted by the market.Forex trading moves from major banking centers of the U.S to Australia and New Zealand to the far east to Europe and finally back to U.S. Non-farm payroll report is a key economic indicator for the United States.It could be represented thus:The total number of paid workers in the U.S minus (Farm employee+employees of Government+employees of non profit organizations+household employees)The report generally came out on the last Friday of every month at 8.30amEST. TRADING STRATEGY: 1.A good trader who wants to profits from the report needs to be patient so as o capture the real movement after the announcement.Ride the market movement. 2.Trade like professionals and make profit.How does a professional trade the report?"after the initial swings has occurred,and after market participants have had a bit of time to reflect on what the number means,they will enter a trade in the direction of the dominating momentum.The professionals even wait for a signal that indicates that the market may have choose a direction. The strategy works best with GBP/USD pair.

How To Use Trend lines To Make Money In Forex. Trend lines is one of the tools you and me can employ as a technical analyst for a successful Forex Trading.Trend lines are constructed by connecting the newest swing high to the most recent swing high.Same applies for lows.In a nutshell,the basic method is that an uptrend line is drawn along the bottom of easily identifiable support areas(valleys).In a downtrend,the trend line is drawn along the top of easily identifiable resistance areas(peaks).To get it right,locate 2 major tops or bottoms and connect them. HOW TO TRADE TREND LINES FOR PROFIT IN THE FOREX TRADING MARKET. 1.Enter a trade when a trend line is convincingly penetrated. 2.Set up your stop on the other side of the trend line.This is the best trading strategy. 3.Remember that it takes at least 2 tops/bottoms to draw a valid trend line but it takes three to confirm a trendline.Avoid drawing trend lines by forcing them to fit the market.It will back fire. http://www.profitline66.blogspot.com http://www.howtotradethestockmarket.blogspot.com

FOREX TRADING SIGNAL:Pivot Points Trading System Reviewed. Traders and market makers have used pivot points to determine critical support and or resistance levels.it is used to identify points of entry and also used by trend traders and breakout traders to spot the key level that need to be broken for a move to qualify as a breakout.You can also read more on Pivots trading system on one of the earlier post on this blogs. WHAT IS THE SIGNIFICANCE OF MARKET OPENS TO PIVOT TRADING SYSTEM. One of the key points you and me must understand as a trader when trading pivot points in the Forex market is that breaks tends to occur amid one of the market opens.The reason for this is the immediate influx of traders entering the market at the same time.I have found out that during quieter time periods such as between the US close and the Asian open and even through the Asian session,which is the quietest trading session,price may remained configured for hours between the pivot level and either the support or resistance levels.This provide the perfect environment for you and me. In this case,I found out that the best strategy to adopt in using pivot points is to look for prices to obey the pivot level therefore validating the level as a solid support or resistance zone.In this type of strategy,you are looking to see the price break the pivot level,reverse and then trend back towards the pivot level.If the price proceeds to drive through the pivot point,this is an indication that the pivot level is not very strong and is therefore less useful as a trading signal.However,if prices hesitate around that level or validate it,then the pivot level is much more significant and suggests that the move lower is an actual break,which indicates that there may be a continuation move. http://www.profitline66.blogspot.com http://www.googleadsense-profits.blogspot.com http://www.onlinestocktradingmagazine.blogspot.com http://www.howtotradethestockmarket.blogspot.com