Tag Archives: probability

Forex Strategy Trading Tips 3 Easy Tips on How to Select High Probability Trades

I’m writing this article after I spoke with one of my traders a few days ago and she was asking me about how to exactly to locate high probability trades to profit from the markets.

Forex strategy trading requires that you follow your trading plan, be disciplined, and only trade high probability trades.

Most Pro traders use simple strategies with strict money management to assist them to achieve their trading goals and profit consistently from Fx trading. In this part of my Forex strategy trading tips series I’ll be referring to 3 easy methods I use to help me select high probability trades.

Never opposed to the market current: Even though I do use many custom indicators and trading strategies, most of my trading is still based on basic trading principles. I always respect the overall trend and don’t attempt to go against it. I additionally respect strong support and resistance levels as they represent the region where demand and supply meet. The foreign exchange market is bigger than us and even when you have huge amount of money in your trading account it is just about impossible to ever manipulate the market and make it go your way.

Make use of the K.I.S.S Principle: The KISS principle stands for “keep it smooth and simple”. Among the best techniques for getting confused, commit mistakes, and throw money away is to utilize complicated trading strategies that you don’t really understand. I have been trading the markets for years and I still don’t use anything but very basic (but extremely powerful) trading strategies that enable me to produce the type of returns I expect from Forex trading. There’s a Forex myth that claims that “complex Forex currency trading systems are more effective and make more money than the simple trading strategies.” This is not always true. I know some very successful traders who don’t use more than a set moving averages and a MACD indicator to enter the market and cash in on it. So don’t forget regardless of what system or strategy you choose to use remember to keep it simple and running smoothly.

Concentrate on your trading strategy and plan & ignore all the “noise”: The Forex market is full of opportunities. There are millions of Forex robots, indicators, strategies, mentors, signal providers, etc… However, the real challenge is to filter the good guys from the bad guys and frequently all the noise coming from other traders or companies can distract you tremendously.

This happened to me initially when I first started. When I got started as an Forex trader I was trading with several professional Forex traders who all trade in many different ways. This made discovering my trading personally and my trading style very difficult. Nevertheless, I understood that if I wanted to become a professional trader I was going to need to perform analysis and trade based upon my own judgment, not someone else’s.

Therefore, I strongly believe that anybody who aspires to become a profitable trader needs to develop themselves as traders and trade based on their unique judgment (even if you use someone else’s trading system, you are the one that must make the system work!).

Over the next few days I will be teaching more Forex strategy trading tips straight out from my Fx trading vault.

To your trading success,

Jay Molina

Forex In One, Two, Three And Four Easy Steps

Number 1. CONCEPT. Forex traders should know by now that the forex trading market is about trying to make big out of something small. This is in terms of earning big profits through smaller risks. Nobody is forex can control how this giant market is moving. Besides they would not start to understand it in the first place because the forex market is really really complicated and ever-changing.

People remain in the forex trading industry because they thought that the probability of making profit is bigger than the probability of getting losses. This thinking would have proven effective if the trader is aware that they need to execute stop lost in this concept. Really understanding this point in the course of the transaction and relying on the forex traders’ own initiative rules and discipline will surely prevent losses from happening.

Number 2. STOP LOSS AND TAKE PROFIT POINT. Many of the forex traders not using these two factors effectively and efficiently does not really make any money in forex trading. the traders usually buy a currency they think will rise, but eventually fell. In the anticipation that it will begin rising soon, the forex trader do not use stop loss. The loss then becomes larger and larger and the trader still waiting and hoping.

The common result when the foreign currency starts rising is there are more losses acquired to make up for the profits. Another result would be getting the currency out of the market so fast that the best opportunities are missed in the process. Forex traders often makes these mistakes over and over again especially if they do not consider these two important points.

Number 3. MARGIN ALLOCATION AND PROPORTIONAL DISTRIBUTION LAW. Combined forex orders are allowed only at a specific margin. But it cannot be used all in one shot. So if forex traders buy up but the trend fall out of the expectation, the trader will find himself in a passive condition.

It is still best to stop loss after buying a position once there is a sudden shift in the forex market. For markets with consistent movement, there will be more profits to utilize to supplement the margin. The profit has a tendency to continue to rise too.

Number 4. CHOOSING THE PROPER TIME TO BEST EXECUTE THE ORDER. Fundamental analysis of the forex market is the key. Even technical analysts prefer this method. Forex traders must use fundamental analysis to determine when is the best time to enter the forex market and trading.

Forex traders must also use their own preferred forex views and charts to be able to execute an order. It is important to note that every forex trader has to formulate their own regulations and source of information that they can check upon whenever the need for it arise. It is also important to note that these things may affect how the trade will result to.

Another way is to try and analyze the market by looking at the movement of the forex currency. Analyze the rising and falling of the currency and see, even guess the probability of things that might happen next. When there are forecasts of good things to come, the forex trader should grab that opportunity to choose the right currency to invest on.

These are the four forex strategy that is used by many traders nowadays. These four important points have been proven to bring in more positive results in forex trading. There have already been lots of other advices that are also effective but these are the newly developed ones that can cater to the changes that the forex market is going through.

It is important to note that these forex points and strategies should not be the only ones a forex trader can use in their trade. there are still many of the old and the new ones that forex trades can use in their trading. All in all, the final decision would still depend upon the say of the trader.

There is also these other factors called luck and fortune. Sometimes they do tend to play some joke in the forex trading community and can bring down even the best of the best traders to their knees.

Niche Marketing And Monetizing Traffic

Establishing your own internet marketing E-commerce niche marketing site is not like what it used to be. There are thousands of competition that are all too willing to get a bigger share of the pie. Every scheme and method you can find to augment your sales would be very beneficial and a key part to this is found in niche marketing.


We have got to admit to ourselves, most of us are in this internet marketing game for the money and a key component to internet marketing is ensuring your product or service follows disciplined niche marketing principles. We are not going in this to waste our time and effort just for the fun of it. Many websites would not wait until hell freezes over just to see their profits. While there are some who takes things lightly there are always those who would rather see profit any given day and that means website traffic.


It is common knowledge that without website traffic we have no internet marketing business. Like any business, without any customers you don’t get sales. Website traffic represents all the people that gets a chance to see what you have to offer. The more people who see your products the more people there will be to buy them.


Nobody ever puts up an internet marketing E-commerce site that doesn’t expect profit. As in any business there is a startup capital costs that needs to be regained. With consistent website traffic, we at least have a fighting chance to achieve that probability. Monetizing your website traffic and the skillful use of niche marketing will optimize your chances of making the best out of it.


Making Money out of your website traffic:

The best and most proven method of making a profit out of your traffic is using advertising in the appropriate marketing niche. The internet generates hundreds of thousands upon hundred of thousands of website traffic everyday. Most of the users are searching for something. While some are just looking for information there is also a good percentage that are internet marketing people looking for something that they need to buy in a particular marketing niche, this is why niche marketing is so critical with your internet marketing business.


The internet has proven to be a very reliable source in finding what was deemed to be a very unsearchable product because all product fall into a particular marketing niche. The internet has made the world a smaller place; you can advertise a product from the depths of Istanbul and still find a buyer from the center of Philadelphia providing you have website traffic.


Generating website traffic is not an easy task. You have to contend with a great number of sites to generate a good number of traffic flow. But if done successfully in the correct marketing niche this could open up a Pandora’s Box of possibilities. One of the benefits is monetizing your website traffic flow and using niche marketing as part of your business strategy.


So, to get to the core of it with niche marketing the more traffic you generate the more likely you are considered as a desirable, desirable, in a sense that a good traffic flowing site is easily convertible to profit. Basically traffic equals profit. Advertising is the name of the game; with the good advertising scheme you can use your traffic flow to your advantage.


When you have good traffic you have a good number of potential customers, customers that are willing to pour money into your coffers because you will have found them through using niche marketing in your strategy. Other than that these are also traffic that can be redirected to sponsored links that are willing to pay you for a sizeable portion of the traffic that you have generated.


This scheme is called “pay-per-click”. With every click a visitor of your site makes on an advertised link you will be paid. The more traffic you generate and the more clicks that happens would spell to more profits. This is a great way to enhance your business as you make sure that the results of your niche marketing analysis is used in your advertising.


Affiliate Programs:

Another method of monetizing your website traffic whilst using niche marketing is to use affiliate programs. You can link up with other tried and tested sites and online companies and monetize your traffic by having a percentage of sales generated by traffic coming from your site.


The basic idea is, use niche marketing effectively in your internet marketing strategies and then traffic generated from your site will go to another site that can offer a product that you do not carry. Many programs can keep track and make records of transactions that was made possible because of site linkage.


When purchases are made by customers that was led by your site to their site you get a percentage of that sale. Affiliate programs would give you the benefit of monetizing your traffic without the actual need of carrying or promoting a certain product.


There are so many ways and methods to monetize your traffic, to do this effectively the use of niche marketing is critical. All it takes is a bit of hard work, using niche marketing and the desire to successfully launch a profit-earning website. The internet is a veritable source of information, many tips and guides are offered everywhere in how to monetize your traffic and make your site a good profit earner.