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Monthly Archives: March 2013

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To safeguard your forex trading capital, pick the right broker

Is depositing my forex trading capital with you safe? It is encouraging to see IG Asia post a page ‘Client Money Protection‘ on its trading portal informing and educating traders how they implement client money protection. I don’t know when this page was put up

Table for Model D

‘Diamond-shaped’ position sizing strategy for currency trading

Adding to a winning trade: using a diamond-shaped approach to increase position size Yesterday, I published ‘Adding to a winning trade: forex position sizing and risk profile‘ where I illustrated in tables 3 models for increasing position size: Inverted triangle or inverted pyramid with high


Super traders meet forex leverage: become millionaire or a wipe out

Forex leverage is used in currency trading. It is a boon to super traders who want to become millionaire but can wipe out trading capital. Simple table showing the relationship between forex trading capital, leverage, margin, the results of a 50-pip win and the amount of loss to wipe out the capital.

forex millionaire

Can I become millionaire in 1 month with $10k forex trading capital?

To become millionaire with $10k forex trading capital you need 3 trades only So my colleague encountered this question a few days ago and told me about it. Good question. It aroused my curiosity and refused to go away. So I decided then to do

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What is price action trading?

Price action trading is a byword Price action trading is a byword to describe trading based on observation of naked price i.e. in other words trading without employing trading indicators. There are probably different applications of price action trading according to how each trader interprets

Singapore Dollar

Singapore Dollar long term foreign currency investment; new ETF

Guggenheim issues SingDollar ETF: attractive long term foreign currency investment The Singapore Dollar is something that Singaporeans take for granted. To foreign investors however, the currency is a very attractive foreign currency investment to hold for the long term. Its performance against the US Dollar