How To Increase Your Trading Profit Using Forex Education

Filed Under (Forex Trading - What You Should Know) by Tony Hosea on 17-04-2008

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by Tony Hosea

No matter what level of experience you have in Forex trading you can benefit greatly from Forex education. Serious Forex traders realize the benefits of continuing education just as professionals in other areas do. Beginning traders absolutely need training in order to trade Forex profitably.

Technology has dramatically increased the number of participants on the Forex markets. This has caused a boom in the number of traders speculating in the Forex market. Increased liquidity in the markets is a direct result of the increased popularity of Forex.

Far too many novice trader think that all you have to do to make money in Forex trading is to open an account and start placing trades. While it is possible to just open a forex account and start placing trades I would not advise it. If you do happen to make a profit it will simply be beginner’s luck. Truthfully, how long to you think beginner’s luck will last. Take it from me, it won’t last long enough to change your financial situation for the better.

Traders are attracted to the Forex markets because of the potentially huge returns on investment. They enjoy the ability to get into and out of trades more easily because of the vast liquidity of this market. Forex traders love the leverage available in Forex as compared to other markets.

Use Forex education to teach you about the most important aspects of Forex trading. One of these factors is risk. Controlling risk is of paramount importance in all trading. Trader who control their risk have a better chance of surviving in the markets and traders who survive in the markets have a much better chance of being successful Forex traders. Learn about Forex trading before you even open your trading account. This will keep you from jumping the gun and trading prematurely.

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Daily Forex Market Analysis - 14 Apr 2008

Filed Under (Daily Forex Market Analysis) by Trader on 14-04-2008

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EUR/USD

We are looking to sell the pair based on TNT signals once it breaks below the PIPS Weekly Pivot, provided prices are trendy and not choppy, and vice versa. The pair may attempt again to undergo a major downward retracement. Watch out for support at 1.5535, followed by 1.5390. Our next price target for the major up trend is at 1.6000, followed by 1.6200.

GBP/USD

We are looking to sell the pair based on TNT signals as long as it remains below the PIPS Weekly Pivot, provided prices are trendy and not choppy, and vice versa. We see a possibility for the pair to retest the 1.9400 level.

USD/CHF

We are looking to buy the pair based on TNT signals as long as it remains above the PIPS Weekly Pivot and vice versa, provided prices are trendy and not choppy. Watch out for resistance at the 1.0160 level. The pair may undergo another round of major upward retracement. The next price target for the major down-trend is at 0.9500.

USD/JPY

We are looking to sell the pair based on TNT signals as long as it remains below the PIPS Weekly Pivot, provided the global stock market is bearish, and vice versa. Watch out for resistance at 101.70 and support at 100.72. For both cases, prices must be trendy and not choppy. Our short-term price target for the major down-trend is 95.00.

EUR/JPY

We are looking to sell the pair as long as it remains below the Weekly PIPS Pivot, provided global stock market is bearish and prices are trendy and not choppy, and vice versa. We are still reviewing the Short-Term Price Target for this pair.

USD/CAD

We are staying away from this pair for today. We are in the process of reviewing the short-term price target.

AUD/USD

We are looking to sell the pair based on TNT signals once it breaks below the Weekly PIPS Pivot, provided prices are trendy and not choppy, and vice versa. Watch out for support at 0.9210. Note that our short-term price target for the major up-trend at 0.9400 has been reached. We now have 1.0000 as our long-term term price target.

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Daily Forex Market Analysis - 11 Apr 2008

Filed Under (Daily Forex Market Analysis) by Trader on 11-04-2008

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EUR/USD

We are looking to sell the pair based on TNT signals once it breaks below the PIPS Weekly Pivot, provided prices are trendy and not choppy, and vice versa. The pair may attempt again to undergo a major downward retracement. Our next price target for the major up trend is at 1.6000, followed by 1.6200.

GBP/USD

We are looking to sell the pair based on TNT signals as long as it remains below the 1.9805 level, provided prices are trendy and not choppy, and vice versa. We see a possibility for the pair to retest the 1.9400 level.

USD/CHF

We are looking to buy the pair based on TNT signals as long as it remains above the PIPS Weekly Pivot and vice versa, provided prices are trendy and not choppy. The pair may undergo another round of major upward retracement. The next price target for the major down-trend is at 0.9500.

USD/JPY

We are looking to buy the pair based on TNT signals as long as it remains above the PIPS Weekly Pivot, provided the global stock market is bullish, and vice versa. For both cases, prices must be trendy and not choppy. Our short-term price target for the major down-trend is 95.00.

EUR/JPY

We are staying away from this pair for today. We are still reviewing the Short-Term Price Target for this pair.

USD/CAD

We are staying away from this pair for today. We are in the process of reviewing the short-term price target.

AUD/USD

We are looking to buy the pair based on TNT signals as long as it remains above the 0.9230 level, provided prices are trendy and not choppy. Note that our short-term price target for the major up-trend at 0.9400 has been reached. We now have 1.0000 as our long-term term price target.

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Daily Forex Market Analysis - 10 Apr 2008

Filed Under (Daily Forex Market Analysis) by Trader on 10-04-2008

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EUR/USD

We are looking to buy the pair based on TNT signals as long as it remains above the PIPS Weekly Pivot, provided prices are trendy and not choppy, and vice versa. The pair has failed in its attempt to undergo a major downward retracement. Our next price target for the major up trend is at 1.6000, followed by 1.6200.

GBP/USD

We are looking to sell the pair based on TNT signals as long as it remains below the 1.9790 level (High of April 9, 2008), provided prices are trendy and not choppy, and vice versa. We see a possibility for the pair to retest the 1.9400 level.

USD/CHF

We are looking to sell the pair based on TNT signals as long as it remains below the PIPS Weekly Pivot and vice versa, provided prices are trendy and not choppy. The pair is seen retesting the critical 1.0000 level. The next price target for the major down-trend is at 0.9500.

USD/JPY

We are looking to sell the pair based on TNT signals as long as it remains below the 102.00 level, provided the global stock market is bearish, and vice versa. For both cases, prices must be trendy and not choppy. The pair is seen to retest the 101.35 level on the Weekly Chart. Our short-term price target for the major down-trend is 95.00.

EUR/JPY

We are looking to buy the pair based on TNT signals as long as it remains above the 161.00 level, provided prices are trendy and not choppy. We are still reviewing the Short-Term Price Target for this pair.

USD/CAD

We are looking to buy the pair based on TNT signals as long as it remains above the PIPS Weekly Pivot, and vice versa, provided prices are trendy and not choppy. We are in the process of reviewing the short-term price target.

AUD/USD

We are looking to buy the pair based on TNT signals as long as it remains above the 0.9230 level, provided prices are trendy and not choppy. Note that our short-term price target for the major up-trend at 0.9400 has been reached. We now have 1.0000 as our long-term term price target.

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Daily Forex Market Analysis - 9 Apr 2008

Filed Under (Daily Forex Market Analysis) by Trader on 10-04-2008

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EUR/USD

We are looking to sell the pair based on TNT signals as long as it remains below the PIPS Weekly Pivot, provided prices are trendy and not choppy, and vice versa. The pair may be undergoing a major downward retracement. Our next price target for the major up trend is at 1.6000.

GBP/USD

We are looking to sell the pair based on TNT signals as long as it remains below the 1.9700 level, provided prices are trendy and not choppy, and vice versa. We see a possibility for the pair to retest the 1.9400 level.

USD/CHF

We are looking to buy the pair based on TNT signals as long as it remains above the 1.0100 level and vice versa, provided prices are trendy and not choppy. The pair is undergoing a possible major upward retracement. The next price target for the major down-trend is at 0.9500.

USD/JPY

We are looking to buy the pair based on TNT signals as long as it remains above the 102.00 level, provided the global stock market is bullish, and vice versa. For both cases, prices must be trendy and not choppy. The pair is undergoing a possible major upward retracement. Our short-term price target for the major down-trend is 95.00.

EUR/JPY

We are looking to buy the pair based on TNT signals as long as it remains above the 160.50 level, provided the global stock market is bullish, and vice versa, as well as prices are trendy and not choppy. We are still reviewing the Short-Term Price Target for this pair.

USD/CAD

We are looking to buy the pair based on TNT signals as long as it remains above the PIPS Weekly Pivot, and vice versa, provided prices are trendy and not choppy. We are in the process of reviewing the short-term price target.

AUD/USD

We are looking to buy the pair based on TNT signals as long as it remains above the 0.9230 level, provided prices are trendy and not choppy. Note that our short-term price target for the major up-trend at 0.9400 has been reached. We now have 1.0000 as our long-term term price target.

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Utilizing Currency Trading To Create Automatic Residual Income

Filed Under (Forex Trading - What You Should Know) by Real Deal Coach on 10-04-2008

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by Real Deal Coach

FOREX investing has been one of the best ways to make automatic residual income. Such an investment is always potentially rewarding. However, this type of trading also carries a great amount of risk, but those who understand the marketing trends and the trading signals can easily make an enormous amount of profit. It is important for you to have strong self-confidence. Only then will you be able to make the best use of the all the opportunities that come your way.

The basic reason why most people end up losing their investments is that they usually make decisions based on their emotions rather than on information. When things slow down, they start fearing, and when things go up, they tend to take wrong decisions in over-excitement or you may even say due to the greed to make more and more profit. The best way to use FOREX investing as a means to create a substantial automatic residual income is by following a systematic mechanical way. You must have a step-by-step approach.

Because of the large size of the FOREX market it is almost impossible for traders to influence the market in order to create their own gains, as some say the stock market can be manipulated. What this means to traders of the FOREX markets is that all the traders, no matter where the are in the world, have the same opportunity to create automatic income from their FOREX investing.

This market can not be controlled by a select block of investors. The FOREX market demands dedication and proper technical analysis to interpret the daily fluctuations. Only then can you make the right move at the right time.

Some Of The Benefits Of Investing In Foreign Currency Markets

Investing in forex markets has many advantages because of its uniqueness and I will share some of its special features with you.

It does not matter if you are a novice or an experienced trader, you get the confidence that the currency markets are not being influenced or manipulated and are devoid of external controls.

The largest liquid financial market is the foreign currency market. Daily trading ranges from 1 to 1.5 trillion US dollars is common. It is this huge amount of trading that make it difficult for individual traders to move the price of a major currency.

When it comes to creating automatic residual income, there is better vehicle than FOREX trading.

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Daily Forex Market Analysis - 8 Apr 2008

Filed Under (Daily Forex Market Analysis) by Trader on 08-04-2008

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EUR/USD

We are looking to sell the pair based on TNT signals as long as it remains below the PIPS Weekly Pivot, provided prices are trendy and not choppy, and vice versa. The pair may be undergoing a major downward retracement. Our next price target for the major up trend is at 1.6000, followed by 1.6200 and 1.6500.

GBP/USD

We are looking to sell the pair based on TNT signals as long as it remains below the PIPS Weekly Pivot, provided prices are trendy and not choppy, and vice versa. We see a possibility for the pair to return to test the 1.9400 level.

USD/CHF

We are looking to buy the pair based on TNT signals as long as it remains above the PIPS Weekly Pivot and vice versa, provided prices are trendy and not choppy. The pair is undergoing a possible major upward retracement. The next price target for the major down-trend is at 0.9500.

USD/JPY

We are looking to buy the pair based on TNT signals as long as it remains above the 102.00 level, provided the global stock market is bullish, and vice versa. For both cases, prices must be trendy and not choppy. The pair is undergoing a possible major upward retracement. Our short-term price target for the major down-trend is 95.00.

EUR/JPY

We are looking to buy the pair based on TNT signals as long as it remains above the 160.00 level, provided the global stock market is bullish, and vice versa, as well as prices are trendy and not choppy. We are still reviewing the Short-Term Price Target for this pair.

USD/CAD

We are looking to buy the pair based on TNT signals as long as it remains above the PIPS Weekly Pivot, and vice versa, provided prices are trendy and not choppy. We are in the process of reviewing the short-term price target.

AUD/USD

We are looking to buy the pair based on TNT signals as long as it remains above the 0.9230 level, provided prices are trendy and not choppy. Note that our short-term price target for the major up-trend at 0.9400 has been reached. We now have 1.0000 as our long-term term price target.

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Top Forex Traders in March 2008

Filed Under (Top Forex Traders) by Trader on 05-04-2008

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Our traders have achieved a success rate of 70.7% for the month of March 2008.


The TOP 5 Live Traders are as follows:

1. Derek Longman - 664 pips (Titanium Star)
2. Ash Ariffin - 562 pips (Titanium Star)
3. Tan Hua Siam - 519 pips (Titanium Star)
4. Tan Sze Shan - 365 pips (Titanium Star)
5. Rommel Pascua - 355 pips (Platinum Star)

Best Live Trade - 231 pips by Tan Sze Shan


The TOP 5 Demo Traders are as follows:

1. Ling Ling - 550 pips (Titanium Star)
2. Vijaya Kumar - 520 pips (Titanium Star)
3. Jeff Tan - 509 pips (Titanium Star)
4. Sherlin Hong - 431 pips (Platinum Star)
5. Wendy Tan - 336 pips (Platinum Star)

Best Demo Trade - 293 pips by Ling Ling


We congratulate all of the above Dynamite TNT forex traders for their profitable performance.


Interested to find out how our forex traders achieve such results? If you are in Singapore, we invite to come and find out at our Dynamite TNT Forex Seminar Preview.

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Daily Forex Market Analysis - 4 Apr 2008

Filed Under (Daily Forex Market Analysis) by Trader on 05-04-2008

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EUR/USD

We are looking to sell the pair based on TNT signals as long as it remains below the PIPS Weekly Pivot, provided prices are trendy and not choppy, and vice versa. The pair is seen undergoing a major downward retracement. Our next price target for the major trend is at 1.6000, followed by 1.6200 and 1.6500.

GBP/USD

We are looking to sell the pair based on TNT signals as long as it remains below the PIPS Weekly Pivot, provided prices are trendy and not choppy, and vice versa. We see a possibility for the pair to return to test the 1.9400 level.

USD/CHF

We are looking to buy the pair based on TNT signals as long as it remains above the 1.0050 level and vice versa, provided prices are trendy and not choppy. The pair is seen undergoing a major upward retracement. The next price target for the major trend is at 0.9500.

USD/JPY

We are looking to buy the pair based on TNT signals as long as it remains above the 101.40 level, provided the global stock market is bullish, and vice versa. For both cases, prices must be trendy and not choppy. Our short-term price targets for the major trend is 95.00.

EUR/JPY

We are looking to buy the pair based on TNT signals as long as it remains above the 159.45 level. We are still reviewing the Short-Term Price Target for this pair.

USD/CAD

We may sell the pair based on TNT signals as long as it remains below the 1.0105 level. We are in the process of reviewing the short-term price target.

AUD/USD

We are looking to buy the pair based on TNT signals as long as it remains above the PIPS Weekly Pivot, provided prices are trendy and not choppy. Note that our short-term price target for the major trend at 0.9400 has been reached. We now have 1.0000 as our long-term term price target.

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Daily Forex Market Analysis - 3 Apr 2008

Filed Under (Daily Forex Market Analysis) by Trader on 03-04-2008

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EUR/USD

We are looking to sell the pair based on TNT signals as long as it remains below the PIPS Weekly Pivot, provided prices are trendy and not choppy, and vice versa. The pair is seen undergoing a major downward retracement. Our next price target for the major trend is at 1.6000, followed by 1.6200 and 1.6500.

GBP/USD

We are looking to sell the pair based on TNT signals as long as it remains below the 1.9890 level, provided prices are trendy and not choppy, and vice versa. We see a possibility for the pair to return to test the 1.9400 level.

USD/CHF

We are looking to buy the pair based on TNT signals as long as it remains above the 1.0050 level and vice versa, provided prices are trendy and not choppy. The pair is seen undergoing a major upward retracement. The next price target for the major trend is at 0.9500.

USD/JPY

We are looking to buy the pair based on TNT signals as long as it remains above the 101.40 level, provided the global stock market is bullish, and vice versa. For both cases, prices must be trendy and not choppy. Our short-term price targets for the major trend is 95.00.

EUR/JPY

We are looking to buy the pair based on TNT signals as long as it remains above the 159.75 level. We are still reviewing the Short-Term Price Target for this pair.

USD/CAD

We may attempt to sell the pair based on TNT signals as long as it remains below the PIPS Weekly Pivot. We are in the process of reviewing the short-term price target.

AUD/USD

We are looking to buy the pair based on TNT signals as long as it remains above the PIPS Weekly Pivot, provided prices are trendy and not choppy. Note that our short-term price target for the major trend at 0.9400 has been reached. We now have 1.0000 as our long-term term price target.

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