Tag: Casey Stubbs

Growing Profits in Forex Trading By Using Indicators

Posted on by The INO.com Team

The guy sitting next to you at work making all that money trading currency does not have a special Forex crystal ball. What he is doing to ensure continued profits in his trades is reading indicators and then basing his currency trading moves on them. Once you adopt this practice, how to increase your Forex trading account will no longer seem like such a mystery.

What are Indicators?

Trading currency requires knowing when to buy and when to sell and the sooner the better. This requires studying charts to see how the pair you are trading moves under current circumstances. These movements are known as indicators, and once you master them you will become that same Forex fortune teller as the guy in the next cubicle.

Identifying the Type of Market

When looking at a chart, the first thing you are going to want to pick out is the type of market you are dealing with. This will help you in determining the type of indicator you are going to use. A trending market is when the price of the currency is moving steadily, either higher or lower. These can be seen by long lines heading in one direction. Ranging markets are noted by strong resistance and support levels, where even with sharp fluctuations the currency is not breaking through.

Moving Averages

Continue reading "Growing Profits in Forex Trading By Using Indicators" →

Setting Up Your Forex Trade For Success With Stops and Limits

Posted on by The INO.com Team

When trading in a market that is as fast paced as Forex is, preventing substantial losses is just as important as coming out ahead. You need to have systems in place as a part of each plan that not only will maximize your gains, but will also minimize your losses if your trade does not go as you thought it would.

There are simple strategies you should employ in each trade to make that happen for you. Fixing buy and sell setups will help you to control your risk while increasing your profitability. They work by fixing when you will enter a trade, and when you will exit. Regardless of whether you are gaining or losing.

Why is This Important?

Buy and sell setups take the human element out of the trade. Before you invest your money, you choose the terms that expose you to the least amount risk as possible. Once the trade begins, for better or worse you sit back and let your money ride. Trading in this way helps you to control those decisions you would make based on your emotions, such as pulling out too soon when you have shown some gain, or staying in the trade too long in order to try and reverse a bad trade. Continue reading "Setting Up Your Forex Trade For Success With Stops and Limits" →

A Basic Guide to Understanding Reversals and Breakouts

Posted on by The INO.com Team

Traders who study their time frame charts religiously will learn how to pick out certain indicators that can help to forecast a trend. Identifying these indicators early will help you to get a jump start on entering and exiting a trade at just the right moment to maximize your profit.

Time Frames


A time frame chart is a simple method used by traders to get a clearer picture of the direction pairs are heading. You choose the length of time you want to study, say 2-hour increments for short term goals or 8-hour increments to study the long term trending of a pair. The chart will show you the averages during that time, smoothing out the variations to make it easier to see the important details you need to know.

Two of the tools that your moving averages will help you base trades off of are reversals and breakouts.

Spotting a Reversal

A reversal trade is knowing when a currency is going to make a sudden move in the opposite direction. Continue reading "A Basic Guide to Understanding Reversals and Breakouts" →

Your Trading Business: Learn to Keep it Emotion Free

Posted on by The INO.com Team

Forex trading successfully involves careful analyzing of data that is changing 24/7. This is not the forum for split-second decisions nor blind calls. You need to be consistently working a well thought out strategy that has been derived from real life data. If you suddenly find that you don’t know why have entered a trade, then you have most likely fallen victim to emotional trading.

Learning to control your emotions is a pivotal point in every young trader’s career. Once you are able to differentiate between trading from the gut and trading with sense, the losses stop and the gains begin.
To help you reach that point sooner, there are a few strategies you can employ: Continue reading "Your Trading Business: Learn to Keep it Emotion Free" →

Letting Go of Your Leverage: Why Slow and Steady Works Better With FX Trading

Posted on by The INO.com Team

Would you consider taking out a $50,000 loan against your home in order to finance a gambling trip to Las Vegas? Of course not, and yet when you leverage your Forex trades that is essentially what you are doing; borrowing money at a risk that you won’t be able to afford to pay it back.

What Does Leveraging Your Trade Mean?

On the surface, leveraging looks like a good idea. Most brokers will allow you to borrow from them to make a trade, usually with a small percentage down. Let’s say yours will require 1%.  This means that for every $1,000 in your account, you potentially could trade with $10,000. Leverage has nothing to do with changing your chances of a successful trade, it just means you are able to invest more into it then what is in your Forex account.

How Can Leverage Help?

Forex trading is measured in pips, which are actually fractions of a cent. In some cases, a gain of 100 pips may only equal one dollar. Continue reading "Letting Go of Your Leverage: Why Slow and Steady Works Better With FX Trading" →