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Forex Strategy

For all Forex traders in IST…here is a quick list of world trading hours that fall in IST zone. One of my friends say that he is going to singapore with all his accumulated wealth from indian stock market investments and trading and is going to open up a proprietorship kind of business and trade in forex with the help of technical analysis which he has been practicing since last 6 years and is pretty good at it. He will first become an NRI and then open up NRE/NRO accounts.

Upon opening a live, funded account with one of our participating forex brokers, you will receive download instructions for the free Forex Charting Software and a password to access ProSignal’s member’s only website where you can view our Forex Trading Manual.

Mark Boardman is part-time trader – and although he might not have the fame, nor the stature of some of the other authors on our list his book The Forex Set & Forget Profit System” is well worth the read, however, it will be of more benefit if you already have a good understanding of Forex trading.

Being more businesslike about your forex trading activities also allows you to get less caught up in the gambling aspects of trading and instead use sound money management techniques that will considerably improve your long term prospects for survival as a currency trader.

Although currency speculators can certainly have winning trades, their disorganized behavior significantly reduces their chances of long term success at forex trading in comparison to those traders who have learned to plan and trade currencies strategically in a highly disciplined manner.

But beware of such websites and online trading portals, as per RBI circular No. 53 dated April 7th, 2011 and circular No. 46 dated September 17th, 2013, it has been clarified that overseas forex trading through digital trading portals, in respect of the margin payments being made by their customer for online forex trading transactions (directly /Indirectly) through their credit cards / Net Banking is prohibited for resident Indians.

In Warrior Trading, Clifford Bennett, one of today’s leading currency forecasters, outlines a path to trading success by highlighting the characteristics, the knowledge and skills, and the psychological state of mind required to be a true warrior trader.

Profiting with Forex introduces investors to all the advantages of the global foreign exchange market and shows them how to capitalize on it. Readers will learn why forex is the perfect supplement to stock and bond investing; why it is unrivaled in terms of protection, profit potential, and ease of use; and how it can generate profits, whether the other markets are up of down.