Forex Intraday Trading Software http://www.taftquack.com Sat, 28 Mar 2009 20:23:02 +0000 http://wordpress.org/?v=2.7.1 en hourly 1 Now it is time for Forex Intraday Trading http://www.taftquack.com/now-it-is-time-for-forex-intraday-trading/ http://www.taftquack.com/now-it-is-time-for-forex-intraday-trading/#comments Sat, 28 Mar 2009 20:23:02 +0000 admin http://www.taftquack.com/?p=3 It is somewhat like being a partizant, when opportunity occurs you attack take profit and run, i am not saying it is bad or good, it is just my feeling. Anyway i found out that intraday trading strategies easy to follow i mean you just look at 30M chart identify trend and place transaction, on the other hand when “swinging” you trade longer timeframe trend, it sometimes happens that when yor realize that trend has changed you already lost 10% of your account.

You can trade any day and any time it rarely happens that market is so slow that you can’t even make 10 pips from it.

In fact trade signals are very often on 5M chart and unlike swing strading you don’t have to worry that your money will be doing nothing at all, your money are working from monday to friday and that’s the way it should be.

Ofcourse a lot of signals can mean a lot of transactions, but when you start losing then a lot of transaction means a lot of looses, it is often that when trader takes a loose he want to quickly recover unfortunetly when Intraday trading it almost always means another loose.

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