Simplify Your Forex       Trading Strategies            http://www.FishingForexPips.com                                By ...
Forex trading is a very serious business whichcan earn you a lot of cash in a relatively shortamount of time or drive you ...
While some of them may actually help, mostexperts will agree that when it comes to Forextrading, it is always best to star...
First, let us discuss Fundamental Analysis.Basically this means a consumer/trader has toput a value on a particular countr...
Before even attempting to analyze a country’s  potential or value a consumer/trader has to  be very familiar with:1) Purch...
Other factors may be relevant to fundamentalanalysis on a case to case basis but in mostcases these four factors are relev...
quotes and alerts on inflation, interest rates,unrest and other relevant information thatmay affect a particular country. ...
of the Federal Open Market Committee andHumphrey Hawkins Hearings. Second, isTechnical Analysis. Basically this is a short...
When talking about technical analysis it is  very important to be intimate with:1) Fibonacci studies2) Elliot waves3) Pivo...
Make no mistake all legitimate Forex tradersknow both Fundamental Analysis andTechnical Analysis but most of them choose t...
basic Forex trading strategy is best suited foryou. Just remember, it is only natural to makemistakes and reads the market...
FREE Forex Strategy To Make Hundreds Of Pips!   Free Gift: Fishing Forex Pipss Indicator System                    [ Worth...
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Simplify your forex trading strategies

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Forex trading is a very serious business which can earn you a lot of cash in a relatively short amount of time or drive you into insolvency. Now, there are a lot of self help books out there which claims to have the newest, most effective or even secret technique to aid you in Forex trading strategy.

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Simplify your forex trading strategies

  1. 1. Simplify Your Forex Trading Strategies http://www.FishingForexPips.com By James TaylorCopyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
  2. 2. Forex trading is a very serious business whichcan earn you a lot of cash in a relatively shortamount of time or drive you into insolvency.Now, there are a lot of self help books outthere which claims to have the newest, mosteffective or even secret technique to aid you inForex trading strategy. Copyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
  3. 3. While some of them may actually help, mostexperts will agree that when it comes to Forextrading, it is always best to start with thebasics. With that in mind this article willdiscuss Forex trading strategies in its simplestbut most effective forms. Copyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
  4. 4. First, let us discuss Fundamental Analysis.Basically this means a consumer/trader has toput a value on a particular country vis a vistheir currency. This is a very tricky endeavorbut it is one that will definitely pay off in thelong run. Copyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
  5. 5. Before even attempting to analyze a country’s potential or value a consumer/trader has to be very familiar with:1) Purchasing Managers (PMI) Index2) Non-Farm Payrolls3) Durable Goods4) Retail Sales Copyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
  6. 6. Other factors may be relevant to fundamentalanalysis on a case to case basis but in mostcases these four factors are relevant for mostvaluations. A very important tip is to alwaysread the papers, watch the news, and bepresent in trade conventions to getcommentaries, Copyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
  7. 7. quotes and alerts on inflation, interest rates,unrest and other relevant information thatmay affect a particular country. Remember,out of all these meetings never missinterviews and comments by individuals whooversee a country’s reserves like the FederalReserve Chairman of the United States andnever miss meetings Copyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
  8. 8. of the Federal Open Market Committee andHumphrey Hawkins Hearings. Second, isTechnical Analysis. Basically this is a shortterm approach to a country’s viability as aninvestment via their currency. This type ofstrategy analyses price trends thru the Forextrading market. Copyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
  9. 9. When talking about technical analysis it is very important to be intimate with:1) Fibonacci studies2) Elliot waves3) Pivot points Copyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
  10. 10. Make no mistake all legitimate Forex tradersknow both Fundamental Analysis andTechnical Analysis but most of them choose tomaster only one approach. Now whichstrategy to choose is best left to experience.Trade and get to know Forex a little bit morethen you can select which Copyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
  11. 11. basic Forex trading strategy is best suited foryou. Just remember, it is only natural to makemistakes and reads the market wrong, justdon’t do it too often and never repeat thesame mistake twice. Copyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
  12. 12. FREE Forex Strategy To Make Hundreds Of Pips! Free Gift: Fishing Forex Pipss Indicator System [ Worth $197 ]http://www.FishingForexPips.com/Copyright by James Taylor - http://www.fishingforexpips.com/ All rights reserved.
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