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If you want to make money in forex trading then you need to learn forex trend following and how to lock into the big trends and milk them for all there worth. The big trends last for months or even years and can offer fantastic profits, if you learn to follow them.

So how do forex trend follow correctly?

Let’s start with some basics:

The big trends in currencies last a long time, because they reflect economic cycles and they last for months or years, so currency trends do too.

Forex trend following does not mean trying to day trade or scalp this is a way to lose money, as all short term volatility is random so don’t try it.

How do you catch and follow forex trends? You need a robust, simple, forex trading system which is based on forex charts. Here are the basics of a system that will catch EVERY Big move.

Buy breakouts – FACT:

Most major forex trends start from new market HIGHS, so you need to buy breaks of resistance.

The more times a resistance level has been tested the more valid it is and if possible the time frames should be weeks or months apart. The more tests, in more time frames and the wider they are apart the better.

When you buy these breaks make sure price velocity is on your side.

You can find out by using some momentum indicators these are covered more fully in our other articles – but two great ones are the stochastic and RSI Indicators. If they support the break then you have a potential high odds trading signal.

The stop is then easy – right below the breakout point.

With this method you’re not interested in trading for the sake of trading, you need to be patient as the big high odds trades don’t come around every day and sometimes you need to wait weeks or even months for a high odds trade to present itself but they always do and when they do offer stellar profits.

Your not interested in trading for fun – your interested in trading for big gains so forget all the lows odds trades.

Once you have locked into a trend and it’s underway, you need to get ready for the hard part:

Following the trend and this takes a lot of discipline.

The bigger a profit becomes the more tempted a trader is to take it or lock in profits by moving his stop. The bigger the profit becomes the bigger the temptation is to take it, that’s human nature – but you must stand firm.

You are going to have to sit on open equity swings against you which eat your open equity however so long as the long term trend is intact, hold it.

Trail your stop very slowly and way outside of random volatility and accept the fact when the trend changes you are going to have to give a good chunk back – but that’s ok, if you caught 70% of every major trend you would be very rich.

Forex trend following is all about having a simple system, being patient, buying valid breakouts and following breakouts with discipline – its not easy to do – but if you can do it, you will make huge gains and enjoy currency trading success.

Below are some quick tips in raising funds. Read on and you might get a thing or two that can help you make organizing your fundraising a breeze.

Decide on your target amount

Before you can actually plan the rest of the fundraising event, you need to determine just how much you will need to raise. Everything will actually depend on this, from the venue of your charitable event, the persons that you will be inviting and even the product that you will be offering.

For instance, if your target is only a few thousands, you don’t need to organize so big a function for the fundraising campaign. The items that you will selling or the services that you will be offering need not be the expensive ones. Candies, chocolates and other kiddie stuff can do the trick.

However, if you are looking into an amount that exceeds 5000 dollars, you will not be able to raise this in just selling cookies. You need a bigger gimmick for it. With this kind of amount, you need to sell something that is more expensive. For target amounts in the millions, you need to look into donors that will support your campaign. Some go directly to the person and set up an appointment while others hold charity functions and get together where organization representatives can mingle with the guests.

Budget wisely

Be aware of the hidden costs in organizing, little things that may not show during the event but will eventually manifest itself after the event. Hidden costs like shipping costs and prizes for winners may seem little at first but the costs can add up and eat at your profits.

Manage the time

How well your event was organized will reflect a lot in the way people perceive your organization. Events that are well-organized will most likely be supported by big wigs than an event that looked like it was organized in just two weeks. Because of this, it is important that you give your staff and yourself ample time to organize the event. Depending on how big the event a time period of about a month to three months is enough. For really big events that involve a lot of people, six months to a year may be allotted.

Helping out a noble cause should the duty of every person. This is like holding the door for someone who is carrying a lot of items or helping an individual with scattered papers on the floor. Why do it? Because it is only right to be fair and kind to the fellow man.

If these simple acts of kindness are not enough, there is something else the person can do. The individual can choose to become a volunteer in a fundraiser or organize one.

People who decide to work as a volunteer will not get paid for the services rendered. This is done to simply help out a good cause.

On the other hand, organizing one is quite challenging that even a dummy can start one, learn the ropes and then do better in the future.

What are some simple ideas that the dummy can handle? For starters, the individual may help the church raise funds by having a cookout.

The person will organize with the members of the organization and when everyone likes the idea, everyone can get to work. This will involve cooking some dishes and selling a few books at reasonable prices.

Another great idea will be to hold a simple sports fest in the neighborhood. Various teams can compete in certain sports such as basketball or tennis to be able to raise funds to help renovate the community center.

Some people will have to look for sponsors, others will be in charge of advertising and layout while the person can try to get some celebrities to come down and see the event. When the event is over, everyone can count the money and then award the check so work can begin.

When the event is over and enough money has been raised, the dummy must never forget to acknowledge those who supported the success of the project. The names of those who gave can be inscribed or a letter of thanks can be mailed to the donor.

Fund raisers whether big or small in the end turn out the same way. This is because it helps a group of people making the dummy who started it all and others who followed fulfilled by helping others.

There are other fundraising ideas that are known to work as long as this involves some research and planning. There will be some mistakes along the way and this should just be taken as areas for improvement.