How to make Profit with Breakout Trading Strategy in HotForex: The Complete Guide to Forex Trading
Do you trade breakouts? Then you know breakout trading can be exciting. The price quickly moves in your favor and make it seems like you’re printing money. However… Breakout trading can also be painful. For example: You notice the price breaking above Resistance. The candles are big and bullish, so you go long. But suddenly, the price does a 180-degree reversal. And before you know it, you bought the highs and now you’re bleeding in the red. Ouch. So now you’re probably wondering: “How do I filter for high probability breakout trades and know which are the ones to avoid?” Well, that’s what you’ll discover in today’s post.
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How to use Trading Indicators Effectively with HotForex? Reason Why Most Traders lose Money with that?
Most traders will tell you to stay away from indicators. They give you reasons like: - It lags the market - It gives you late entries - It can’t predict what the markets will do Nope, those are excuses. Want to know the real reason why traders lose money with indicators? Here’s why…
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Head and Shoulders Pattern: How to Trade It in HotForex
Today I’m going to show you step-by-step how to trade the head and shoulders pattern. In fact, I even traded several of the examples you’re about to see. And I should point s...
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What Is Risk Management in Forex Trading with HotForex? How to Calculate Risk
Forex trading can be a roller coaster ride for unprepared investors. But, like any other form of investment, if you have strategies in place, you could even get to turn your forex dealing into a full-time career. One major area any forex trader needs to find out about when they learn to trade is the significance of risk management, and this is discussed in more detail below.
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