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Friday, May 20, 2011

Forex Trading Tips

Forex is most popular business in these days. A dream to become rich in a single night will comes true with Forex. Although it has too much risky business. New Forex Traders mostly got lost in few hours. They waste their money quickly and in the end a simple remark is delivered "Forex is not a profitable business".

Here I wish to help all those Forex Traders who are new or who are want to do work in Forex Trading.
1. First of all open a demo account with any Forex Broker. After the completion of your registration and download your MT4 TRADER software you are able to start your practice account.
2. Select a currency pair which you want to start with.
3. Open Market Place of selected currency.
4. Do not make bid immediately after signing in. Just wait for half hour and see what happens.
5. There are two types of bids available UP & DOWN. If you see the rates of currency going DOWN in past half hour it will become UP in next half hour.
6. Place an open bid as UP and keep watching on market place when its cross your selected bid rate UP sale it immediately even you earn a single point earning.
7. This way your lost chances going down to 50%.
There are few GOLDEN TIME FRAME in FOREX TRADING you can 100% get profits if you follow the GOLDEN TIME FRAME. If you interested to know GOLDEN TIME FRAME just comment on this article along with  your e-mail address the GOLDEN TIME FRAME will e-mail you.

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