How to Make Profitable Investments?

WikiFX Strategy (25 Dec.) - The advantages of the forex market include:

(1) Forex trading is available 24 hours a day.

(2) The forex price movements are kept at volatile with clear trends.

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(3) Forex market has low risks as its 24-hour session allows to close positions at any time.

(4) Forex traders are able to profit from both up and down trends of currency pairs.

How to make profitable investments？

(1) As market prices will suddenly rise or fall in unexpected situations, traders could avoid forced liquidation by setting a take profit and stop loss.

(2) A strong trending market in which bulls or bears solely take control for the whole trading day will provide a good chance to open a position.

(3) Exchange rates will accelerate their movements when breaching the consolidation area. At this point, traders could enter the market following the break direction.

(4) Usually, prices could rebound to the previous level after a fail attempt to straddle a key resistance, a chance for traders to sell on resistance levels

(5) Exchange rates will sharply rise or drop when suddenly receiving forces from fundamentals, leaving a gap on the charts. At this point, traders could open a position along the direction of the gap.