latest blog

• How to Choose Currency Pairs for Trading

  June 13, 2011 | 1502No commenthttp://forexsoho.com/how-to-choose-currency-pairs-for-trading.htmlHow+to+Choose+Currency+Pairs+for+Trading2011-06-13+04%3A04%3A32ForexPro

  There are two main factors for choosing a currency pair. 1. The average daily range of PIPS that the pair moves. 2. The clarity of the patterns produced by the pair. The best currency pair to start trading is a currency pair that has a small spread and sharp and strong signals. So EUR-USD is the best. Most brokers charge 2 pips when you buy EUR-USD and recently I have seen some brokers that charge ...

• Advantages of Full-Time Traders

  May 1, 2011 | 1494No commenthttp://forexsoho.com/advantages-of-full-time-traders.htmlAdvantages+of+Full-Time+Traders2011-05-01+17%3A16%3A12ForexPro

  Many traders are considering switching to full-time Forex trading opposite to the most popular way of trading – part-time. This approach to the Forex job has its own advantages and disadvantages. In this article I’d like to list the most important advantages of the full-time Forex trading. More time for trading The first one and the most obvious advantages is the more time for trading. ...

• EA v.s. Manual trade

  April 30, 2011 | 1491No commenthttp://forexsoho.com/ea-v-s-manual-trade.htmlEA+v.s.+Manual+trade2011-04-30+16%3A59%3A34ForexPro

  Most losing traders who inquire about forex trading are quite intelligent, but why 90% of trader has loss their money? They are not beaten by other traders, they simply are beaten by themselves, by humans’ weaknesses. What is the first big weakness of human beings? The greed and emotions! Many times we have got 1% profit, but we feel it is not enough. We want more, 2% or 3% will be better. While ...

• Method of Technical Analysis

  March 1, 2011 | 1485No commenthttp://forexsoho.com/method-of-technical-analysis.htmlMethod+of+Technical+Analysis2011-03-01+17%3A49%3A07ForexPro

  Technical analysis is a method of forecasting price movements by looking at purely market-generated data. Price data from a particular market is most commonly the type of information analyzed by a technician, though most will also keep a close watch on volume and open interest in futures contracts. The bottom line when utilizing any type of analytical method, technical or otherwise, is to stick to ...

• Money Management Strategies

  January 6, 2011 | 14831 commenthttp://forexsoho.com/money-management-strategies.htmlMoney+Management+Strategies2011-01-06+05%3A29%3A26ForexPro

  To have a successful, effective Forex trading business you need to protect your funds, keep losses as small as possible, and allow big profit trades to run. Even though money management is the key to a profitable business in Forex trading, many traders only think of it last. In this piece we will discuss money management tips that have been successful on many, many occasions. Keeping your money at ...

• The Global Forex Market is Diverse, Massive, and De-Centralized

  December 16, 2010 | 1472No commenthttp://forexsoho.com/the-global-forex-market-is-diverse-massive-and-de-centralized.htmlThe+Global+Forex+Market+is+Diverse%2C+Massive%2C+and+De-Centralized2010-12-16+17%3A53%3A52ForexPro

  The global forex market is the largest trading market on the planet and also the least understood by the average consumer on the street. Average daily turnover of $3.2 trillion is beyond most people’s ability to comprehend, and when compared to global trade figures of $12.5 trillion on an annual basis, the uninformed becomes more confused when trying to understand who is generating all of that daily ...

• Trading Time Frames

  November 29, 2010 | 1469No commenthttp://forexsoho.com/trading-time-frames.htmlTrading+Time+Frames2010-11-29+15%3A41%3A44ForexPro

  Before you enter into a position, you need to know – beforehand – when you are going to exit the market. A trader is not going to hold onto a position indefinitely, that’s for sure. Knowing the time frame of how long you wish to hold onto your open position will determine your exit points and prices. If you choose to hold a position for, say, a week, your profit objective would naturally be higher ...

• Investing vs Trading

  November 28, 2010 | 1467No commenthttp://forexsoho.com/investing-vs-trading.htmlInvesting+vs+Trading2010-11-28+16%3A47%3A45ForexPro

  There are some important differences between investing and trading, even though some people may use these terms interchangeably without giving it much thought of what each entails. Advantages can be found in both ways of growing your money, neither is better than the other – they have different roles. But when it comes to growing your wealth in the forex market, trading is usually the way to go due ...

• Trade Forex on your IPhone 4G

  October 9, 2010 | 1462No commenthttp://forexsoho.com/trade-forex-on-your-iphone-4g.htmlTrade+Forex+on+your+IPhone+4G2010-10-09+05%3A23%3A53ForexPro

  Today, technology is getting very useful everyday, you can almost do any thing with your mobile and PC, now with your mobile phone, you can easy set up a mobile trading method to keeps you in control of your positions when away from your PC by installing forex trading apps to your Iphone 4g, 3gs or Ipod. If you want to trade forex through your mobile phone, just follow the step and requirement, it ...

• Best and effective way to trade Non Farm Payroll

  September 29, 2010 | 1458No commenthttp://forexsoho.com/best-and-effective-way-to-trade-non-farm-payroll.htmlBest+and+effective+way+to+trade+Non+Farm+Payroll2010-09-29+11%3A33%3A09ForexPro

  This is a example of trading Non Farm Payroll. In this video, You will learn how to trade Non Farm Payroll, this is one of the easy way but effectively to earn profit in Non Farm Payroll news trade. just simply set up a break out order with small amount of stop-lose before the news release. if you have any idea, please comment to this video. Learn the Best and effective way to trade Non Farm Payroll ...