Is there a best way of make money on forex market?

Answer:

Follow the trend to make good money!

Answer

First you have to remember few things in you mind! Why forex is attractive market to work...

1. 1 leverege 1:100 or some times 1:400 gives you chance to multiply your investments, without applying for finance from bank llike a normal slow procedure.

Market is 24 hours open and all the time you have a buyer and seller. you dont have to wait for any one..?

Coming to your answer...

1. 1) Always trade if you are well aware of latest news regarding currencies you are trading in.

1. 2) You must keep the best knowledge of all technicals and have a very good practice in any demo account before real one

1. 3) You must not trade if you are in bad mood, in tension or stress!
2. 4) You must not enter any position before any data unless you cant predict it and results with if condition

1. 5) never put a stop loss in market (online systems hunt for them) but keep it in you mind and dont consider it a problem to your ego to accept loss or a bad deciegn.

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Following the trend is the best way of making money in the forex market.
You can make use of two simple method for entry.

1. Breakout System - Entry into a trade of this system is upon making newer high than the most recent high.
2. Swing System - Trade entry is upon a retracement of lower low to higher high price bar. Candlestick pattern can be of help looking for Bullish/Bearish Engulfing or Morning/Evening Star.

Sincerely
Roy
http://www.RoyAutomatedForexTrading.com