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Moneymanagement

Top 5 Risk Management RulesTop 5 Risk Management Rules: 1. Only Trade with Risk Capital -Risk Capital is the amount of money you are willing to lose and do not include your living capital into your trading account! 2. 2% Risk Management -The 2% Rule prohibits you from risking more than 2% of your account equity on each trade you are entering. 3. 6% Risk Management -The 6% Rule prohibits you from opening any new trades when your current open risks in your open trades reach 6% of your account equity. 4. 10% Risk Management -The 10% Rule prohibits you from opening any new trades for the rest of the month when the sum of your losses for the current month and the risks in open trades reach 10% of your account equity. 5. Risk to Reward Ratio -Only take the trades which provide you at least 1:2 Risk to Reward Ratio
AMEX:SPYEducation
by YongLiang
EURUSD Weekly long legged Doji on massive supportEURUSD closed the weekly candle with a long legged Doji outside the bollinger band. Not to mention the massive support zone we have around 1.0510. This could activate a rocket correction from the last 14 days of downtrend. Another interesting thing is the movement from November 2015. After weeks of downtrend the price turned in the last November week at 1.0510 and made a correction of 50% in rocket speed. Is the same thing going to happen again? If not next week is it going to happen in the first December week (Italy Referendum)? In my opinion the parity of the EURUSD is still far away. I don't think that we will break the major support at 1.0510 which would pretty much let the EUR/USD put in free fall mode. I think we will see the 1.0950/1.1000 at least before we go further down. This trade may fit in someones trading plan. For me are the facts above to attractive. Can't just ignore them :) Entry Level: 1.0600 +/-10pips Stop Level: 1.0490 Target Level: 1.0950
Long
by Trinad
Good opportunity to go LONG on FacebookThe price action has hit the long-term trend, giving us 2 possible scenarios: Blue path: The price bounces at the long-term trend and continues to go high in a 1:3 win ratio. Red path: Less likely given the past performances of FB, the price would break the support at ~114 and will continue to go low. No SHORT entry recommended in this case given the uncertainty of the next strong support. "The four most dangerous words in investing are: ‘this time it’s different.'" – Sir John Templeton
NASDAQ:METALong
by adelriosantiago
Golden profits - XAUUSD #AspredictedPre-BREXIT as usual I posted up some truly simple analysis for all to enjoy and hopefully profit from. My aim during this last few weeks has been to shuffle as much of my client wealth as possible away from FX pairs and into GOLD. Fortunately it was indeed the correct decision. For all intensive purposes I "predicted the future". As for the right here and now there is a great set up for binary options traders, for forex traders, for CFD traders.... For all traders :) Have a look at my analsis here, my BUY/CALL signals have all been hit this morning during EURO open. Currently managing funds for binary only with www.STBinary.com - Happy to chat here/skype/whatever if you want to know more :)
FX:XAUUSDLong
by STBinary
SP500 A serious SHORT?The FED will address the issue of interest rate % very shortly. With such a strong Dollar market the question most of us are asking concerning the S&P500 is whether or not we may finally reach up and break through the all time historical high of around 2130? Personally we feel that is highly unlikely, and instead we will see our lower level fib lines reached and broken over the next few weeks. Big opportunity to trade and profit here. Get in touch for more info or come and check the site www.STBinary.com
FX:SPX500Short
by STBinary
WHAT DO I SEE ACCORDING TO PRICE ACTION ON NZDUSD?so what do we see here? according to price action we see a nice bullish preceding trend thats gets stucked in a daily resistance area, and shows me an indecision candle ( also called dodji ) on a 8hr chart. Also we can see recent lower high, which is usually a good signal for taking a short. Taking this trade when price goes below the low of the indecision candle. going for a risk reward of 1:2.5 ( my minimun is 1:2) hopefully it will work.
Short
by daldertg
2