Do you have a Forex trading plan?

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You and your friend Bob took up Forex Trading last year and you want to make 2013 the year that you start bringing in cash! You sit down, create a trading plan, and now you're off to the races. Since you didn't spend a lot of time researching  which broker to start trading with, You are not  sure of  your success,

First  you must have a good trading plan, strategy that is going to be profitable, there are n so many strategy`s  and you not  sure  which one  is  going to bring in the results.

Trading  Forex  is very easy  if  you know what to  do, it is all about  timing , you  don't  need to bog  your self  with to many indicators  as  all of them are lagging indicators, so you need to resort  to just few  but the ones that will tell you  the likely outcome, the precision entry , where the market is very likely to  turn, this requires  a good  knowledge of Howe the forex market is reacting to world events and the likely direction it will move.

One has to look at the big picture and preset the goal of  what you want  to achieve by trading , First you need to set the  goal, on Dayle basses, second  you must trade when the market is most liquid and good volume, I recommend London and New York session , during  the  two sessions you are likely to achieve your  goals  mush faster , once  you hit  your target that you set  per  day , you must  go away from the  computer and start the next day, that way  you will be rested  and clear for the  next day,

By applying this  trading plan you will achieve  your  goals  and you will be profitable.

Join this blog  as I will be posting my trading plans here to help  you get the results  and show  you  hove easy this can be achieved.