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Posted by Mathew
on Monday July 25, 2011 at 16:49:44:
I just want an easy way to trade forex safely without losing much. If possible, let me gain more than I lose as I just want to grow my money within a month or more. What strategy can I use?
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Re: Is there an easy way to trade forex safely
Posted by Felix Okoli
on Saturday November 5, 2011 at 11:27:5:
You can first of all decide on a modest daily target and understand the fundamentals and long term risks associated with your curency trading.
One method you can use to trade with less risk however is by trading when there are no news items.
You can trade Eur/Usd Pre-London and Post-London time by
Buying for about 20 pips target about 1 hr PreLondon time
Selling for about 20 pips too one hour post London time