» » JUICY RIB EYE STEAK WITH A SWEET BLOOD ORANGE FRUIT SALSA, PERFECT FOR SUMMER GRILLING!

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!

JUICY RIB EYE STEAK WITH A SWEET BLOOD ORANGE FRUIT SALSA, PERFECT FOR SUMMER GRILLING!

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JUICY RIB EYE STEAK WITH A SWEET BLOOD ORANGE FRUIT SALSA, PERFECT FOR SUMMER GRILLING!

Pan seared rib eye steakSave

Praise the grilling gods! The weather has gotten steadily warmer and I’m seeing myself slowly sneaking outside to cook more and more on my grill! And now I have an amazing new kitchen in the backyard, it’s even more tempting to ditch the stove inside and get out in the fresh air!
We don’t eat a lot of red meat as a family just because I tend to cook more seafood and I’m super picky about where my meat comes from, but every now and then I’ll buy some steaks.
Blood orange salsa for my rib eye steakSave

WHICH STEAKS ARE THE BEST?

That’s a hard question and comes down to personal choice I think. I used to be a loyal filet mignon steak lover and I still am, but lately, I’ve been trying some new cuts like rib eye steak. I was super impressed by how easy they were to cook and how tasty and juicy they ended up being.
Rib eye steak isn’t cheap so you know you’ll probably be going home with a good chunk of meat, treat it well.

HOW SHOULD I COOK MY RIB EYE STEAK?

One word…simple. Lightly season the steak with your choice of rub and make sure you have a heavy-duty oven safe pan really hot, or if you feel like grilling, the grill should be at least 500 degrees.

HOW LONG SHOULD I COOK MY RIB EYE STEAK?

I always go on the safe side and take it from the heat early. The steak will continue to cook for another few minutes while it rests. The way I tell if it’s ready is to gently press it with my finger. If it feels springy then it’s probably around medium-well to well, but if it feels spongy and soft when pressed then you’re still looking at a medium rare to medium. It takes some practice.
Seared rib eye steakSave

WHY DOES MY STEAK HAVE TO REST?

Your gorgeous steak has just been through a rough time, it needs some alone time to relax and let the fibers soften up. You also don’t want to lose that juice that will be sucked back into the steak as it rests. Make sure you have a sharp knife and a hungry appetite.
Enjoy!

PAN SEARED RIB EYE STEAKS 

COURSE: MAIN COURSE

CUISINE: AMERICAN

PREP TIME: 10 MINUTES

COOK TIME: 7 MINUTES

TOTAL TIME: 17 MINUTES

SERVINGS: 2

CALORIES: 618 KCAL

AUTHOR: FOODNESSGRACIOUS
Juicy rib eye steaks with a  sweet blood orange salsa.
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INGREDIENTS

  • 2 blood oranges
  • 1 tomato
  • 1/2 serrano chili
  • 2 radish
  • 1/4 tsp sesame oil
  • 1/2 cup cilantro
  • 2 tbsp olive oil
  • salt and black pepper
  • 2 rib eye steaks

INSTRUCTIONS

  1. Peel and segment the blood oranges so you have slices with no skin on them, transfer to a bowl.
  2. Slice the tomato into wedges and extract the seeds. Dice and add to the blood oranges.
  3. Dice the chili finely and add to bowl.
  4. Slice the radish thinly and add to the bowl with the sesame oil and chopped cilantro.
  5. Stir well with a spoon and set aside.
  6. Heat your grill until very hot.
  7. Rub the steaks with the olive oil.
  8. Season the steaks on both sides with salt and pepper.
  9. Once the grill is hot, add the steaks and sear for about 3-4 minutes.
  10. Turn the steaks over and cook for another 3-4 minutes turning the heat down to medium or moving the steaks to an indirect heat part of the grill.
  11. To test the doneness of the steaks, press the surface with your finger and it should still feel slightly spongy and soft for medium-medium rare.
  12. Take the steaks from the grill and let them rest for about 5 minutes.
  13. Slice the steaks thinly with a very sharp knife and transfer to a plate.
  14. Spoon some of the blood orange salsa over the steaks and enjoy.
Nutrition Facts
Pan Seared Rib Eye Steaks
Amount Per Serving (8 oz)
Calories 618Calories from Fat 414
% Daily Value*
Total Fat 46g71%
Saturated Fat 16g80%
Cholesterol 137mg46%
Sodium 124mg5%
Potassium 795mg23%
Total Carbohydrates 4g1%
Dietary Fiber 1g4%
Sugars 2g
Protein 46g92%
Vitamin A16.9%
Vitamin C21.4%
Calcium2.7%
Iron22.5%
* Percent Daily Values are based on a 2000 calorie diet.
 more recipes @ foodnessgracious.com

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