WELCOME TO EJITECHBIZ!!!: July 2015

Thursday 16 July 2015

The Ultimate Lists of Forex Blogs That Can Elevate You To Your Desired Position

The Ultimate Lists of Forex Blogs That Can Elevate You To Your Desired Position.

The Forex exchange market today has grown to be one of the biggest business activity engaged by a lot of individual traders, organization, companies, banks etc.

The web today has over millions of site or blogs that provides traders with a lot of information, which keeps them updated with the activities happening in the market world.

The question is this, ‘’are all these sites really providing us with in-depth information’’? No but there are some quality site that does.

Many professional traders, bloggers and other writers have really done their best in writing lists of forex blog or site that can be trusted. Especially Rimantas Petrauskas- the author of EA-coder.com.

My aim of writing these ultimate lists is to help us traders, newbie or beginner and professionals to get the real zone of reliable gist and information about the activities going on in the market.

These lists is divided into four part: the lists of sites that provides you with active current news and analysis, the lists of sites that engages in forex forum, the lists of site that counsels us and act as a personal development blogs for traders.

Forex News And Analysis

Forex forum

Personal Development and Other Forex Gist

Forextradetracker.com—by Phil Robert
Timwalker—by Tim Walker.
Tradewithprecision.—by Craig Cobb
The wave trading.com

There are a lot of more out there. Please also note that this article was written from my own view. I was not paid to do so.

You can also help out by listing other helpful site- you believe in. commenting on the missed sites will help a lot. If you also think that your site should be listed please let me know by commenting.

Thursday 9 July 2015

Powerful Quotes That Will Serve as Guide In Trading Forex

Sometimes in life, traders need some guiding words to help them retrace their steps back to the right path of real success.

A lot of assistive quotes can be of help, especially from men who has made it already.

By Bill Gate;

Ø Its fine to celebrate success but it is more important to heed the lessons of failure.

Ø Success is a lousy teacher. It seduces smart people into thinking they can’t lose.

Ø If you can’t make it good, at least make it look good.

By Steve Jobs;

Ø Innovation distinguishes between a leader and a follower.

Ø My favorite things in life don’t cost me money. It’s really clear that the most precious resource we all have is time.

Ø Design is not just what it looks like and feels like. Design is how it works.

Ø Sometimes life hits you in the head with a brick. Don’t lose faith.

By Henry Ford’s;

Ø Coming together is a beginning; keeping together is progress; working together is success.

Ø My best friend is one who brings out the best in me.

Ø Thinking is the hardest work there is, which is probably the reason why so few engage in it.

Ø Obstacles are those frightful things you see when you take your eyes off your goal.

Ø I believe God is managing affairs and that he doesn’t need any advice from me.With God in charge, I believe everything will work out for the best in the end. So what is there to worry about?

These quotes are just a powerful guide, which will serve as motivators to enable you get what you want out of the market flow of wealth.

Monday 6 July 2015

5 Things Needful For a Bigger Catch In Forex Trading

Our first move on Forex Trading is to target a bigger catch. But the problem is that some traders are still struggling to make it. It’s always a fact that forex trading is not that easy, but the good thing is that you can always get what you want, if you can play your cards well by being obedient to some rules.

Yes, forex has its rule and if you can be loyal to it you earned yourself the chance to be called a successful trader.

Many traders are still confused by what they see and hear happening in the market world daily. However, my aim of writing this article is to drive these confused traders into the confidence of catching bigger fish.

Here are five powerful things needful to hunt bigger fish in forex trading.

Let the hunting begin;

Ø Study your desired currency pair effectively.

How do you study your currency pair?

In the foreign exchange market, it is always advisable that traders have some particular currency pairs they always love trading on.

What are currency pairs?

Currency pair are those paired currency you trade against each other .for example EUR/USD, GBP/USD etc.

In other to catch a big fish, you must also be aware of making a tactical and bigger trap.

How do you set this trap?

To set this trap, you must know the movement of your prey (which is the price movement of a particular currency against the other.) and stay focused.

What are behind these moving prices?

Yes, this prices moves as a result of some factors affecting the currency pair. As a good hunter, you must be able to identify these factors which are clearly known to be ‘’fundamental ‘’.for example the, unemployment rates, CPI, PPI, etc.

To make a bigger catch when trading, you must be able to identify ‘’what drive your desired currency pair’’ and the ‘’extent of it's effect’’ so as to be able to trade profitable.

Ø You must be fit to keep growing fit.

This is one thing needful you must bear in mind. That you are good or a successful trader does not mean you should relax; you must always update your skill so as to be able to keep making a bigger catch.

When you relax and refuse to improve your already known skills; then, you are narrowing your sight for a bigger target.

Just as a hunter improves his skills by hunting daily, so does a trader who takes his time to understand what he barely knows about market, grows his trading fitness daily.

Ø Overcoming your emotions.

You must have in mind, that emotions can be your strength and also your weakness when they are out of your control. Overcoming them is one effective sniper to shot your desired prey.

The fact is that being in charge of your emotions is not too simple but it is possible to achieve if your work towards it.

Put in your best in controlling your emotion and you’ll realize how interesting the foreign exchange market is.

Always avoid being beclouded by your emotions, for they are going to make your target blur. But when you stand firm and overcome your fears, anxieties, etc then you are in the right position to make ‘’real profit’’.

Ø Being a patient dog.

Any traders who wait patiently for his order to be clear will certainly end up smiling. There is a common saying that says ‘’A patient dog eats the fattest bone’’

Remember we are hunting for money, and as a good hunter you must make sure that you are patient enough to sight the best part of the prey from a distance, so as not to miss the target at a shot.

For example, you open up your device (computer/ tablet) to trade. Initially as a trader you noticed the uproar price movements, that is the ‘’consolidating price actions’’, now as a patient dog you must wait for the price action to be clear enough so as not to trade against the market major trend.

Ø Flow with other successful traders.

It has always been a fact that when you mingle with successful traders you will also be successful. Association being a process whereby two or more people with common interest comes together, is really a powerful key to succeed.

This very process will make your eyes go more naked to see other strategies of making more profit when trading.

Oh! I’m sorry I can help you out…you are not my type…

When you see people of this nature, do not panic there are lots of people who are out there ready to share their ideas with you.

Just join forex forums, where trading issues are discussed. Note: always flow with other better than you.

About me,

My name is Ejiofor Francis, I’m a blogger. I love sharing my ideas based on my experience and research.