Hope you managed to grab a good scoop of pips this week – some nice moves on the GBPUSD. Will be posting some tutorials on my channel soon and working on Forex Training with new clients.

Talk soon – good trading

Annabel

But what should a Forex trading system contain? Should you use multiple time frames? Should you add the exact methods of trade entry and exit? What about position sizing?

Take a look at this video link. Its an interview with trader Robert Miner, the author of Dynamic Trading, who shares the main traits he feels most successful traders have in common.

Take a look and see if you fit the mould!!

Here’s the link: www.moneyshow.com

Enjoy – To Your Success!

Best wishes

Annabel

Forex Trader

Having the right mindset for trading the Forex market – trading psychology if you like, is essential to success. This sometimes over-looked area of Forex trading is detailed below in a video interview from the recent Virtual Money Show event. In case you missed it here it is again – some great advice.

This is a great video demonstrating how to use the Average Directional Index or ADX indicator as part of your Forex trading system.

Many will have heard of this indicator but how do you use it to make good trading decisions and add it to your trading system? As you will see the indicator gives results using 3 lines. The direction line for the strength of an upwards moving trend, a line indicating the strength of a downwards trend and the relative strength of the overall trend.

The video below will show how to use this indicator to identify entry and exit points.

Hope you enjoy the video.

Good trading. To Your Success.

Annabel

Does learning and following Forex trading charts really help?

Well I got thinking how I learnt to trade and progress my now successful Forex trading career and found this video for you. It really gives you a good solid strategy and some good advice aswell.

Personally I have always had a fascination of how the Stock Market and Forex Market work which keeps my intrigue everyday! Look for the candlestick chart patterns to present themselves to you rather than forcing a trade due to frustration. The Forex trading video below shows a good strategy based on a longer time frame than I trade but it will give you some basics to look out for.

Candlestick chart patterns present a visual representation of the general sentiment of the market. I have written a whole chapter in my Forex trading book Trade Forex From Home about candlestick charts and the most important ones to watch for. You can find it here under Forex Training

Hope you found the video of use in developing your Forex trading profits. Take a look at the strategy and paper trade/use a demo account first to get used to identifying the setup before trading with your live account.

To Your Success

Annabel

Uncover some powerful Forex trading tips here…

This video is crammed full of really valueable information for your Forex trading success! McRae discusses the importance of identifying high probability trades based on your trading plan and then letting the market come to you.

This confirms the theory that sometimes you have to sit on your hands and not trade the Forex just for the sake of it.

Logic and detachment from the market is key!

Enjoy the video and hope it helps your success with Forex trading.

Happy Trading!

Annabel

Having an effective exit strategy is equally important as entering the trade so you can take full advantage of Forex trading and become a successful Forex trader.

The presenter uses a Moving Average cross-over and MACD indicator to confirm the trade, entry and this also should be used for an exit strategy for effective Forex trading.

Thanks for reading – To Your Success!

Best wishes

Annabel

Follow this short video for a good trading strategy based on Candlestick formation. It’s good to know a little about Candlestick chart patterns so you can identify this move too!

Happy Trading!