How to make money trading the FX market

[Mr. Charts]

Second trade

+46 pips using rising candles method

 

[Mr. Charts]

There might even be another money making opportunity after the vote this afternoon.
I don't trade on exact price levels, i.e. I don't say I will enter or exit a trade at a specific price point. If one of my set ups occurs then I focus in on price action and only then will decide whether to enter/exit/do nothing.

 

[Mr. Charts]

There was indeed another opportunity.
+48 pips

It might go down further, I'm not sure and have to go out anyway. With this particular sort of trade I prefer to keep an eye on it all the time and if I can't then I close the trade.

 

[Mr. Charts]

One FX trade today and very like the one in my last post.

GBP:USD +24 pips

 

[Mr. Charts]

Simple falling candles set up this morning +28 pips

 

[SmartGeek]

Forex Trading is the best way to make some good money online, but only if you are serious enough to gain the required knowledge and experience and skills that are needed to become successful in Forex Trading.

 

[wallstreetwarrior87]

Forex Trading is the best way to make some good money online, but only if you are serious enough to gain the required knowledge and experience and skills that are needed to become successful in Forex Trading.

Thanks for that

 

[Mr. Charts]

And again using the falling candles method from my list of set ups, a nice +37 pips.
Patiently wait for the particular set up, keep any stop losses very tight for the trade which might not work, and exit when you can see signs of a possible reversal.

 

[Mr. Charts]

Pointer at time of entry, image taken at time of exit as always.

 

[FxTim]

If you really want to make money from this business then make sure always trade with the trend and for that always open bigger time frame such as Daily or Weekly Candle Sticks chart on your platform and along with that good money management that can lead you to a successful Forex Carrier.

 

[SmartGeek]

Thanks for that

You are most welcome, I am glad to know that you gained from my post. Hope you will too one day share your experience and knowledge with us and help us to learn the Forex Trading in a better way.