I'm going to share with you some of my intelligent trading techniques for forex. Most people have a short term determination to make money in this market, but sadly people don't have the skills to do it, nor the determination required to make it past a learning curve. This is why only 5% of all traders are making money. If you want to be part of the group of people making money than you should definitely follow my advice.
Control Your Emotions
We are emotional creatures and that serves a purpose in protecting our life from danger. Since you're not going to get attacked by a bear trading forex, these emotions become an unprofitable distraction that will cause you to make bad moves because your mind is clouded.
Emotions will cause you to move away from logical evidence for making a trade and move toward the idea of “gut" feelings and other emotions that make you feel a “need" to make a trade.
If you're looking to lose your money, I suggest you act on these emotions. If you're in this business to make money, ignore your emotions and stick to logic and evidence. l
The Economic News
The economic news is a goldmine of information that is filtered for the masses but contains excellent information for traders. The price of a currency is held up by the economy, so you essentially need to read into that philosophy. News about the Federal Reserve, GDP, unemployment, consumer spending, etc all have a significant role in the price of currency.
Are you looking to funnel as much money in the forex market into your bank account? Well, that is what the Forex Funnel is designed for. It's a unique software experience that will automatically seek out and find the most profitable trades to make at any given moment. This makes it a much more controlled form of profit making.
Learn more at Forex Funnel.