Over the years I have seen a number of people coming to me asking what is "the key secret" that differentiates profitable traders and losing traders. I mean, if some of them make consistent profits out of the Forex markets (even a full living out of it) while some others keep on losing their shirts day in and day out… there must be a specific "something" that sets them apart, right?
With so many different opinions about what is important in the Forex market, it is no wonder why so many people are confused. Taking the time to create your own investing strategy can help clear up some questions and allow you to focus but in reality, it is only going to be so effective. The best news that you can use is the reality that everyone makes mistakes. The great news is that you can learn from the mistakes of others and protect your money.
See step-by-step directions on exactly how to set up your charts for swing trading and day trading currency pairs, including all the specific technical indicators to use and parameter settings! (these "pip setups" have never been revealed to the public before, and can give you a quick edge over other traders). See my favorite 1-hour forex chart patterns for trading currency pairs (you'll be amazed once you see how easy these are to spot, once you learn exactly how to look for them in your charts, as Ken explains it all!).
While trading may seem as easy as "buy low and sell high," the reality is far different. Ever-changing market trends can make for turbulent trading sessions, while lack of concentration can lead to costly mistakes.