13 Extremely Powerful Forex Day Trading Strategies That Take Only 30-60 Minutes Each Day!

Learning forex trading is not rocket science. Many people are making their daily living from trading the forex market. Trading forex is much easier than trading stocks. If you are still looking for ways to succeed at forex trading than you should read this article.

Suppose, you are new to forex trading but are interested in learning it so that you can build your retirement account. As a new forex trader, what you need to do is to practice a lot on your demo account. Many new trader, don't like to waste time on practicing. This mistake ultimately makes them experience margin calls a number of times.

The best way to learn forex trading is to watch how a pro trades. If you are new, first learn a few strategies and then master them on your demo account. Choose one or two strategies that are best suited to your personality and style. Practice it on your demo account. Triple your demo account twice in a row only then think of trading live.

Now, if you are looking for powerful day trading strategies that can make you many pips but does not require more than 30-60 minutes each day to implement, if, you are that person than go no more. Read this article that gives 13 extremely powerful day trading strategies that do not take more than 30-60 minutes each day.

Day Trading Strategies #1: This set and forget strategy works extremely well on 4 hour and daily charts and each time will make 50+ pips.

Day Trading Strategies #2: This strategy works well early morning to early afternoon. If you are about to go to work, you can make 20-90 pips with this on 15,30 and 60 minutes charts. This strategy is best suited for the London Trading Session.

Day Trading Strategies #3: This is for those who can spare an hour or two in the afternoon. This strategy has the potential to turn your $1,000 into $150,000 in just under 40 trading weeks or something like 10 months. Not bad, for just one hour of work daily.

Day Trading Strategies #4: This works very well for those who are on the go and want to make some easy money. It depends on a laser targeted non emotional trade set up. It can be highly rewarding too.

Day Trading Strategies #5: This strategy suits all lifestyle and can make you more than you can make in a week in just one day.

Day Trading Strategies #6: Suppose, you missed the trade setup for strategy #5, you can use it to reverse the situation.

Day Trading Strategies #7: This trade setup appears once in a while, BUT when it does, you can straight away take your family to a holiday.

Day Trading Strategies #8: This is another easy 30-60 minutes trade that can put 20+ pips per trade in your pocket.

Day Trading Strategies #9: It complements strategy #8.

Day Trading Strategies #10: This powerful strategy can make 100+ pips per trade for you.

Day Trading Strategies #11; This strategy can make 20-700 pips for you.

Whatever, you need to watch these 13 day trading strategies videos. As a trader, your aim should be to make as many pips as possible in as little time as possible and then spend the rest of the day with your family. You are not trading to sit in front of your computer all day for the trade setup and the trading signals. You are trading for making quick money and then using that money to enjoy life.

These videos teach you 13 different ways of doing that. You can choose any one of the strategy that best suits your lifestyle to master on your demo account first. Once you have practiced it on your demo, you can start live trading to make easy pips each time you trade. The importance of first practicing on your demo account cannot be overemphasized. The more you are going to practice these strategies, the more you are going to make winning trades when trading live. Don't miss watching these trading videos! Watch each video. Each strategy has been described in detail. Then choose the one that best suits you. Master it and start making pips using it on your live account after practicing on your demo account. The more you practice the more you are going to become confident using that strategy! These strategies are not difficult to master. Good Luck!

Learn Forex Trading Strategies

Want to retire? Want to live comfortably? Want to make a million dollars a year? Want own a Ferrari? Who doesn't, I sure do. It's possible; perhaps you have just been looking in all the wrong places. Currency trading may be your lucky answer. Chances are you are reading this because you want to learn new forex trading strategies. I can offer you a few strategies that can help you achieve wealth beyond your wildest dreams.

When trading currency an important task to accomplish is to understand the direction of trends. If you can understand the direction of a trend whether it is up or down, you will successfully make a lot of money every day. Keep in mind forex is open 24 hours a day 5 days a week. That's a lot of time to be making money unlike the stock market, which tends to move very slowly. You can make a lot of money every day with forex.

So let's say you now understand whether a trend will be going up or down. You must simply make a buy trade on that given currency right when you anticipate an up trend. As the trend is about to go down, it is imperative you close out the trade. On the other hand you can do a sell trade if the currency is falling and as it rises you simply close out the trade.

How do you identify the direction of a trend? What strategy can you use? Simple, you have a couple of options that I can share with you. First, you can use software or you can use your own personal knowledge you gain to detect certain changes in the charts that hint the direction of the trend. I personally believe it depends on the person whether software or knowledge should be the approach.

Software will detect the trends and simply notify you on the chart, most of the time the software will work great, but sometimes it may make errors. This is where you may choose to have your own knowledge to avoid these errors. Or you can utilize the software and understand the charts, by combining both skills you can be unstoppable.

You can take the old fashion approach do the research and become an expert at analyzing charts. You will be more sophisticated than the forex indicator as you will be able to mentally adapt to changes and make appropriate decisions. Just make sure you don't allow emotions to get in the way. Emotions can cause bad trades and are accountable for many losses.

The ultimate solution is to gain the knowledge you need to succeed. You will need to be able to understand the charts. So start reading tutorials and guides and begin to learn.

Forex Live Trading - Amazing Strategies for Live Trading in the Forex

Forex is the market where currencies are traded every day. It is a 24 hour around the clock market where traders set the values of currencies through their trades. It is a place where all trades are conducted online and where the market moves very quickly. Needless to say, it is a place that is not meant for beginners.

What Are Some Strategies That Can Be Used?

When you are trading in the forex market it is important that you make sure that you follow the news carefully. You want to pay particularly close attention to any bit of news that may impact the amount of money that any one country is printing. This could give you an edge in knowing which currencies will be worth more than others. If you are able to correctly predict trends in the currency markets then you stand to make a nice profit for yourself. If you neglect to pay attention then you are setting yourself up to fail.

What Is Forex Live Trading?

As mentioned above, the Forex market is a 24 hour around the clock market. Many trades are done by preset conditions that traders have already set up. This means that many of the trades that are done (particular during the night hours) are done through computers. When you are doing Forex live trading you are actually sitting there on your computer executing the trades yourself rather then telling the computer to do it for you (via software). The Forex live trading is a bit more random because you could get a bad price on the currency that you were trying to buy by just being a second or two late. Whereas the computer would have no error, with forex live trading there is room for human error.

Another part of what Forex live trading is involves the fact that you are trading with the real time quotes that are being presented. Instead of being someone who just invests in a currency and waits for several months or years to sell it, you are trying for something more short term. You are buying a particular currency at the current rate that it is going for hoping to sell it in the very short term in order to make a quick profit for yourself. When you are doing this kind of rapid fire trading you are doing forex live trading.

Profitable Forex Trading Strategies

As you know, the only way to make money in the forex currency exchange market is to have profitable forex trading strategies and good money management. Without these two skills, you will certainly fail as a trader and if you master these, you will be a very profitable forex trader.

It sounds so easy, doesn't it? Two simple rules to follow and you will be profitable in this business. The problem with this however, is that most people can't follow these rules. They let their emotions get in the way of their trading and make bad decisions. They may not take any trades at all because they're afraid they'll lose money. They may be in a profitable trade and decide to close it early to lock in their small profits. They may decide to let their losers run longer than they should because they "know" the currency is about to reverse and go in their direction. There are many reasons why people fail in this business and these are just a few of the examples.

Before you start trading, you need to learn about this business. You not only need to learn how and when to trade forex, but you also need to know when "not to trade". This is just as important. You also need to know how much "risk" you should take on any given trade. If you over leverage your account, you will lose money very quickly and you could actually blow your entire trading account.

Once you learn how to trade, the next step would be to open a forex demo trading account. This is the trading platform you would use from the forex broker of your choice to make trades in the market. Most forex brokers have all the charts and tools you need and the platform on which to execute your trades. Demo accounts allow new forex traders to trade fake money while trading the live market. You get to trade on a live trading platform but you risk absolutely no money. There aren't any businesses I know of where you can learn everything you need without costing you a dime.

Demo accounts are a great way for new traders to get a feel for trading the forex market without risking any money. But be careful. When you trade a forex demo account, and you know in your mind that you have no money at risk, you can start making stupid trading decisions. You may use poor money management skills and risk far too much money on each trade. You may double up on trades to make up for losing trades. These are bad habits, and the last thing you want to do in this business is treat it like a game. It's not a game. It's a real business and should be treated as such.

Before getting into trades, you should also know exactly what price you're getting in to the market and also know what your stop loss and take profit targets should be. If you don't know these three things, do not trade. Every profitable forex trading strategy you learn will have the rules for determining these entry and exit points. Also know that a profitable forex trading strategy does not have to be complicated. Most of the best forex trading strategies are very simple to learn and use.

If you follow the simple rules we mentioned above, you will see how profitable this business can be. It's no wonder why trading forex is becoming one of the fastest growing home businesses today. You get to work from your home using your personal computer and an internet connection. Pick up a great forex trading strategy and open up a forex trading account with a broker and you have everything you need to start trading.

Forex Loophole Review - Proven Forex Formula Strategies Or Scam?

The Forex market is one of the most liquid trading market in the world, with trillions of dollars exchanging hands every day. This has attracted more and more traders to it, who are hoping that they can make a profit out of it. Most eventually fail because it takes many months and even years to master the skills and discipline required to make money from Forex. It is estimated that less than 10% of traders make a consistent profit from the foreign exchange.

1. The Introduction of Forex Systems

One way to cut short the learning curve is to learn and adopt a Forex trading system. The one that I am using today is called Forex Loophole. It is a system that tells me exactly how to enter my trades without any thinking required on my part.

2. How Does The Forex Loophole System Work?

This is an entirely price based system, which means that the most important information that you need to find for it is the price of currency pairs every day. After you input the price figures into the system, Forex Loophole will analyze the conditions and tell you whether you should take a short or long position.

3. Would The Forex Loophole System Work For You?

Before you use this system on a live account, you should demo-test it first to make sure that you understand the formula and that you can implement it correctly. Since the system only requires about 15 minutes of your time per night, it would be ideal for anyone who wants to make money from the foreign exchange market.