Some basic thing trader must know.

It was 4.22 pm in friday when i was write this blog. sorry guyzz that i havent write for a while. im quite bz with my work and forex. I was watching my GBP/JPY and GBP/USD currencies right now. It seem to down trend after uptrend rally. I have made some money by doing scalping trading today. Scalping means you buy at deep bottom and sell at peek high. There are several types of trader, if u do scalping, u r making money on every move of the market. By using IMRAN setup (system that promising) u cant scalp using 5M and 15M chart. But make sure that all indicator give you green light to enter the market :-). some traders are not patient and this make them lost a lot of money. So remember, the first thing u need to learn before trading is to patient. second thing u have to do is u must trust ur indicator. enter market when both market are open where there is a movement in that currency. for example when u are enter GBP/JPY market make sure that market in london and japan are both open otherwise the market movement is to slow. it really waste my time if i trade when the market is slow. -->> time consumption with low profit or no. Third is do enter the market if there are news about the currency are coming especially high impact news. You can get the time by visiting www.forexfactory.com . we will not know what is the impact of the news, so it's better to sit side and wait until the market showing it trend.It is very usefull for u to learn some basic knowledge about forex for example japanese candlestick patern, trend line and some basic forex trend. try www.babypips.com to learn of themOther than that, u must able to learn. there is a lot of thing u have to learn to earn profit everyday. :-). I'll give u my IMRAN setup in my next post. I'll teach you until you can trade like a pro. At last, let make trend ur friend. :-)