Any Forex trader with even the smallest amount of trading experience will understand how much of a crucial role trading psychology plays in your trading success. Forex trading is one of the toughest, if not THE toughest mental challenge you will ever face in life. You can get two traders, give them the same set […]
Latest Market Commentary
The GBPJPY market produced an early Asia session breakout trap which caused a bullish rally to fail and collapse in on itself. The market is now looking very bearish as the New York session comes online. If the market continues to move lower and breaches the previous day’s low, then we can consider short positions […]
More Forex Trading Articles
Have you ever had an open trade that has been stopped out before price actually reached your stop loss level. Or maybe seen price reach your trade profit target level, but the trade never closed in profit? How about this one, you set up a pending buy order at a key price level, the market […]
As price action traders, we are always looking for those favourable trading circumstances to present themselves amongst the candlesticks. We are on the hunt for logical and lucrative trading opportunities. One of the common techniques used by a lot of price action traders, and one that we use frequently, is known as ‘breakout trading’. As the old […]
In this article we are going to cover some of the real issues on why such a high percentage of new traders fail in this profession. Let’s be honest, if you’re involved in trading of any sort already, then you will be guilty of committing at least half of these points mentioned below at some […]
The popularity of high frequency trading systems which litter the internet is not only a great example of mass hysteria being plain wrong. But it is also a great potential opportunity for smart traders who understand the conditions created by the trading of the masses. Any internet search including the word forex will immediately tell you […]
When traders first begin their trading journey they are generally not prepared, or even aware of how much of a psychological challenge trading really can be. There are so many psychological and emotional traps in the market which will draw you in, brainwash you then spit you out before you’ve even realized what’s happened. The […]
Learning to trade forex is like re-training for a new career, because simply put, you are taking on a new profession. Yet so many traders starting out for the first time tend to approach it like learning blackjack at the casino tables. Some traders are approaching the markets with the right attitude but just expect […]
To be the 007 of the Forex world we need to think more like the MI6 agent. It’s also no wonder that the traders who are making millions are as secretive as MR Bond himself. In this article we will take a look at why it is that James Bond would make a good Forex […]
Welcome to today’s price action lesson, today we are going to be talking about the most powerful and abundant price action signal used by price action traders – The Pin Bar. If you are even slightly familiar with price action trading, then the term pin bar is probably not unfamiliar to you as it’s generally […]
Signup to our Forex Newsletter
- Graham Blackmore said Everything is going to look fast moving on the 5 m...
- Leonel Ruiz said I used to trade the Emini but i found it a very f...
- Radi Cholakov (@RadiSpeculant) said Looking really intresting