Forex Article

Forex2u Forex Strategy On Successful Forex Trading
By Forex2u.com, Thu Dec 8th


The essence of the FX2u Forex strategy is that it does not haveany Forex trading system but could forecast the market trendaccurately.

Every set of Forex trading system available has its disadvantages. The market trend could not be forecasted. If themarket could be forecasted, by depending on the RSI, PAR, MOM analysis techniques and some other theories, Forex traders couldeasily make a fortune.

Many Forex traders could not obtain the anticipated outcome byu sing these analysis tools, and suffer huge losses. The mainreason is relying on some imperfect tools to forecast theunpredictable market trend is just a waste of effort. Thereforethe FX2u Forex strategy spirit is to abolish the entiresubjective analysis tool.

To survive in the market is to follow the market trend,following the market trend is the essence of the FX2u Forexstrategy. By using the opposite theory to enter the market, willonly lead to lost. The reason is that if the market rises, itmay continue to rise. If the market drops, it may continue todrop. No one is able to forecast when the market trend willstop.

By following the market trend, the market risk could be reduceto the lowest, the FX2u Forex strategy will advance the following the ten principles:

fully understand the how market function and the market trend,else don’t trade
After entering the market, the Forex trader MUST immediately put a market stop.
If the stop order has been hit it MUST be executed immediately,NEVER make changes by lowering the stop order price.
If the forecast is wrong, Forex traders should leave the marketimmediately, then analyze again.

If the forecast is wrong, Forex

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traders should stop loss andshould not increase trading.
Forex traders should admit mistakes, do not continuously makemistakes.
All analysis tools are imperfect, mistakes could always occur.
If the market rises Forex traders should buy, if the marketdrops Forex traders should sell, always follow the market trend.

Forex traders should not forecast the market price because suchforecast will not be as easy as forecasting the market trend.

If the forecast is wrong, once the loss reach 10%, Forex tradersmust stop loss immediately, do not let it surpasses 10%,otherwise it would be difficult to recoup the capital again.aLvinHan is the editor of www.forex2u.com

http://www.forex2u.com/fx2u-forex-strategy.html