Try to relax and sleep as much as possible. The time zone changes and jet lag will be lessened. Avoid alcohol and drink plenty of water, especially on longer flights. Dehydration comes easily on long flights in dry cabin air. You can drink booze when you arrive.


forex trading is something that needs to be approached with a cool head and a steady hand. It requires methodical study of FX charts and the market as a whole. This also means that you need to be calm when you do your trading - panicking or getting over-excited could cause you to make bad decisions. If you feel distracted by something, it's better to put off your trading until you can focus on it, one hundred percent. If you hit a sweet spot during your trading, let it run as long as you can. Conversely, if something isn't working for you, it's best to cut your losses quickly and try something else. Do not hope that the market will suddenly swing in your favor - this is wishful thinking. Instead, it will be more profitable for you to stop a losing trade and think of a new game plan.


It's easy even for experienced day traders to make mistakes even once they set up a strategy because human emotion can so often play an impact. But with forex autopilots they simply work within the boundaries you set and since these trading systems are designed around actual performance and not just simulated data, they can work within a liquid and volatile market like the forex currency exchange with amazing results.


If there were 500 consumers and 500 sellers of a certain currency pair, and the foreign exchange provider had added one pip to each side of the inter-bank quote, the provider would make one pip for each trade ( or 1,000 pips ).


Support and resistance levels are levels on a trading chart that a price will return too. It is the repetitive return to these key prices that sets the basis for all trading evaluations and hopefully the plotting for future moves.