It's possible to trade profitably on the Forex, the nearly $2 trillion worldwide currency exchange market. But the odds are against you, even more so if you don't prepare and plan your trades. According to a 2014 Bloomberg report, several analyses of retail Forex trading, including one by the National Futures Association (NFA), the industry's regulatory body, concluded that more than two out of three Forex traders lose money. This suggests that self-education and caution are recommended. Here are some approaches that may improve your odds of taking a profit. Prepare Before You Begin Trading Because the Forex market is highly leveraged -- as much as 50 to 1 -- it can have the same appeal as buying a lottery ticket: some small chance of making a killing. This, however, isn't trading; it's gambling, with the odds long against you. A better way of entering the Forex market is to carefully prepare. Beginning with a practice account is helpful and risk-free. While you're trading in your practice account, read the most frequently recommended Forex trading books, among them Currency Forecasting: A Guide to Fundamental and Technical Models of Exchange Rate Determination, by Michael R. Rosenberg is short, not too sweet and highly admired introduction to the Forex market. Forex Strategies: Best Forex Strategies for High Profits and Reduced Risk, by Matthew Maybury is an excellent introduction to Forex trading. The Little Book of Currency Trading: How to Make Big Profits in the World of Forex, by Kathy Lien is another concise introduction that has stood the test of time. All three are available on Amazon. Rosenberg's book, unfortunately, is pricey, but it's widely available in public libraries. "Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude," by Mark Douglas is another good book that's available on Amazon, and, again, somewhat pricey, although the Kindle edition is not. Use the information gained from your reading to plan your trades before plunging in. The more you change your plan, the more you end up in trouble and the less likely that elusive forex profit will end up in your pocket. Diversify and Limit Your Risks Two strategies that belong in every trader's arsenal are: Diversification: Traders who execute many small traders, particularly in different markets where the correlation between markets is low, have a better chance of making a profit. Putting all your money in one big trade is always a bad idea. Familiarize yourself with ways guaranteeing a profit on an already profitable order, such as a trailing stop, and of limiting losses using stop and limit orders. These strategies and more are covered in the recommended books. Novice traders often make the mistake of concentrating on how to win; it's even more important to understand how to limit your losses. Be Patient Forex traders, particularly beginners, are prone to getting nervous if a trade does not go their way immediately, or if the trade goes into a little profit they get itchy to pull the plug and walk away with a small profit that could have been a significant profit with little downside risk using appropriate risk reduction strategies. In "On Any Given Sunday," Al Pacino reminds us that "football is a game of inches." That's a winning attitude in the Forex market as well. Remember that you are going to win some trades and lose others. Take satisfaction in the accumulation of a few more wins than losses. Over time, that could make you rich!

Sticky and Crispy Orange Chicken

Orange Chicken – Sticky and crispy chicken coated in the most addictive orange chicken sauce. It makes a delicious weeknight dinner that’s budget friendly and kid approved. So skip the takeout and try this Homemade Orange Chicken recipe!
Orange Chicken is one of the most popular Chinese food in North America. It’s sweet, savory and balanced with tangy flavor. A perfect quick and easy dish that your whole family will love.

EASY ORANGE CHICKEN

When it comes to Chinese takeout, this orange chicken recipe is one of our favorite dishes along with Lemon Chicken, Sweet and Sour Chicken and Moo Goo Gai Pan.  Orange Chicken is loaded with sticky and crispy chicken that’s tender and flavorful. This recipe rivals Panda Express Orange Chicken, and you can serve it with rice and broccoli for an easy weeknight meal!

CHICKEN THIGHS OR CHICKEN BREASTS

Both Chicken thighs and chicken breast work for this recipe. I like chicken thighs more as they are more flavorful and moister. It’s important to cut your chicken into 1-inch cubes so that they can get cooked quickly with a crispy coating.

HOW TO MAKE ORANGE CHICKEN

This orange chicken is crispy and sticky. I will share with you a few secrets and tricks so that you can make it even better than takeout.

CRISPY ORANGE CHICKEN

In a medium-large bowl, mix together cornstarch, flour and salt & pepper. Add the egg, oil and water. Whisk until smooth. Then add the chicken cubes to the mixture and marinate for 30-60 minutes in the fridge. (If you are in a rush, you can marinate the chicken for 10 minutes while you prepare the sauce.)
Heat the oil to 350˚F in a medium-large saucepan.  Add the marinated chicken cubes in batches and deep fry them for about 5 minutes until they turn golden brown. Remove and drain oil. Place them on a paper towel lined plate. Cover with aluminum foil to keep warm.
Note: Don’t OVER-CROWD the pan. You can cook the chicken in batches if needed. 

ORANGE CHICKEN SAUCE

Orange Chicken Sauce is sweet, savory and tangy. It’s so simple with a few ingredients you already have in your pantry.
  • Orange (orange juice + orange zest)
  • Soy Sauce
  • Rice Vinegar (or White Vinegar)
  • Brown Sugar
  • Minced Garlic
  • Corn Starch
  • Water
  • Oil
In a small bowl, mix together orange juice, soy sauce, vinegar, brown sugar and orange zest. Heat a skillet or wok over medium-high heat and add oil. Then add garlic and stir-fry for a few seconds until fragrant. Add in the mixture, stir to combine. Mix the cornstarch and water in a separate bowl, and then add the mixture (slurry) to the pan to thicken the sauce. Stir until mixture is smooth and thick (about 5 minutes). The sauce will turn into a glossy glaze.
Add back the fried chicken and toss to coat completely!
Note: It’s important to let the sauce come to a low boil. It will start to thicken quickly once it begins to boil.

TIPS AND SECRETS FOR MAKING CHINESE ORANGE CHICKEN

  • You can use dark meat from chicken thighs or chicken legs or a combination instead of white meat for additional flavor.
  • Cut your chicken into 1-inch cubes, so that you can cook them quickly with a crispier coating.
  • Don’t over-crowd the chicken when you deep fry them. Cook in batches if needed.
  • Fresh squeezed orange juice will always give the best flavor, but any decent quality orange juice will do.
  • Taste-test your orange chicken sauce before you add cornstarch and water mixture. Adjust the sugar, soy sauce and vinegar amount according to your personal taste.
  • For healthier options, you can fry the chicken instead of deep-frying them. It will still taste great, although not as crispy.
  • This recipe makes enough sauce so that you can add it onto rice and vegetables for extra flavor.

HOW TO SERVE ORANGE CHICKEN

You can garnish your Orange Chicken with sesame seeds and sliced green onions. You can also sprinkle some red pepper flakes if you want it to be slightly spicy. I usually serve it with steamed rice and broccoli and my family absolutely love this dish!
This Orange Chicken has crispy chunks of tender chicken covered in a tangy orange sauce. It makes a delicious weeknight dinner that’s budget friendly and kid approved.

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Sticky and Crispy Orange Chicken

Orange Chicken – Sticky and crispy chicken coated in the most addictive orange chicken sauce. This Homemade Orange Chicken is so much better than takeout and it’s really easy to make!
 Course Main Course
 Prep Time 15 minutes
 Cook Time 15 minutes
 Total Time 30 minutes
 Servings 4 servings
 Calories 595 kcal
 Author TipBuzz

Ingredients

Crispy Chicken:

  • 2 large chicken thighs boneless and skinless
  • 1 teaspoon salt
  • 1 teaspoon ground pepper
  • 1/2 cup cornstarch
  • 1 1/2 cups flour
  • 1 egg
  • 1 tablespoons oil
  • 1 ¼ cups water
  • 3-4 cups oil for frying depending on the size of your pan

Orange Sauce:

  • ¼ cup orange juice
  • 1 teaspoon orange zest
  • 2 tablespoon soy sauce
  • ¼ cups rice vinegar or white vinegar
  • ½ cup brown sugar
  • 2 teaspoon minced garlic
  • 2 tablespoons corn starch
  • 2 tablespoons water
  • 1 tablespoon oil

Instructions

  1. Cut your chicken thighs or chicken breasts into 1-inch cubes.
  2. In a medium-large bowl, mix together cornstarch, flour and salt & pepper. Add the egg, oil and water. Whisk until smooth. Add the chicken cubes to the mixture and marinate for 30-60 minutes in the fridge.
  3. Heat the oil to 350˚F in a medium-large saucepan.  Add the marinated chicken cubes in batches and deep fry them for about 5 minutes until they turn golden brown. Remove and drain oil. Place them on a paper towel lined plate. Cover with aluminum foil to keep warm.
  4. In a small bowl, mix together orange juice, soy sauce, vinegar, brown sugar and orange zest. Heat a skillet or wok over medium-high heat and add oil. Then add garlic and stir-fry for a few seconds until fragrant. Add in the mixture, stir to combine. Mix the cornstarch and water in a separate bowl, and then add the mixture (slurry) to the pan to thicken the sauce. Stir until mixture is smooth and thick (about 5 minutes).
  5. Add back the fried chicken and toss to coat completely!
  6. Garnish with sesame seeds and green onions. Serve and enjoy!

Recipe Tips

  • Chicken thighs will give you tender and moister meat with more flavor. Make sure to cut them into 1-inch cubes for the best results.
  • Don’t over-crowd the pan when frying your chicken. Cook in batches if needed.
  • Be sure that your oil is hot enough (350 F degrees) before you add the chicken so that you can get the crispy texture. The oil temperature will drop immediately when you add the chicken. Bring the temperature back between batches.
Nutrition Facts
Sticky and Crispy Orange Chicken
Amount Per Serving
Calories 595Calories from Fat 225
% Daily Value*
Total Fat 25g38%
Saturated Fat 2g10%
Cholesterol 40mg13%
Sodium 879mg37%
Potassium 147mg4%
Total Carbohydrates 84g28%
Dietary Fiber 1g4%
Sugars 28g
Protein 6g12%
Vitamin A1.8%
Vitamin C10.8%
Calcium3.9%
Iron15.8%
* Percent Daily Values are based on a 2000 calorie diet.

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