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Trendline Trader EA –Part Time Traders Become Fully Committed Forex Traders

by Warren Seah on Jul 25, 2011

Trendline trader makes trendlines you draw on the chart alot more useful than just a visual tool by itself. Trendlines are not indicators but simple lines you draw up on your currency chart to help with forex technical analysis. When you draw trend lines, you are providing yourself a visual picture of where is the current market and where will it be heading next. And this serves as a mental note assuring yourself that you are aware of where the trend is coming from and that you are also willing to follow it where ever it chooses to go next.

What is Trendline Trader

"Trendline Trader" as the name connotes speaks for itself. It helps a trader to identity possible pullbacks on both resistance and support levels, for the purpose of making sound trading decisions. Many technical chart patterns require that trade entry and exit be executed on these specially drawn trendlines. There are two ways at which the forex trader can choose to trade with these...Read More >>



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3 Things That Motivate Successful Forex Traders

by jrwoolley

If you have been trading the currency markets for a while, you will know that not many people are able to make this their full time occupation because it is so hard to come up with a winning system that is consistently profitable. However some people are able to make it through sheer perseverance, so what are the factors that drive them on to success?

Well the main motivational factor is of course the huge amounts of money that you can make. If you made just 2% of your capital per month, which is not an unrealistic goal, this could easily grow into a huge amount after a few...

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