Most of the top traders in the world study the fundamentals as well as using charts and the reason they do this is simple – Forex markets move to the long term supply and demand situation but in the short term human emotion rules and charts can help define the greed and fear present in the market and indicate areas of fair value.

There is a lot written about Forex market timing and traders are always looking for greater accuracy in terms of timing there trading signals - so let's look at better market timing in more detail.

If you want to win at Forex trading, you need to understand Forex trading psychology in terms of, how it causes the vast majority of traders to lose money and how by adopting the right psychology is the key to your trading success. Let's look at the importance of human nature in Forex trading.

Is currency trading easy? Well the facts would seem to indicate its not because 95% of all traders lose. While you wouldn't expect currency trading to be easy, due to the huge profits you can make it, it is a known fact that everything about successful Forex trading can be learned, by anyone and for the amount of work you have to do, the profit potential is enormous. So lets look at why so many traders lose at Forex and how you can enter the elite 5% who make huge gains.

In terms of your long term trading success, proper money management is vital and here, we will look at some basics in terms of placing stop loss orders in the market. Most traders have no idea of how to place stop loss protection correctly and lose money. If you want to win, you need to restrict losses and preserve equity while at the same time, taking enough risk to allow you to make big gains.