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4 Patterns for Forex Profitability

From forexcrunch.com

What makes a forex trader profitable? Looking at a wide array of real data, four patterns are found. Timing is critical. The best time to trade is not necessarily what you thought it would be, and it certainly depends on the trading style. It also depends on the currency you’re trading with: profitability is higher with certain currencies at certain times of the day, but the same currencies yield losing trades at different times. There is more to profitability than timing. Here are 4 patterns related to forex profitability. These are all based on hard facts accumulated by FXCM for its US clients. FXCM is a large US ... (full story)

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