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 EURAUD cross pair has been churning sideways for some time now, and has been printing meaningless, confusing price action. The last few daily candles have printed some price action that suggests the market is ready to move lower from here. We’re seeing lots of upper wicks on the daily candles as price reacts with […]
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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 […]
When people first develop an interest in becoming a Forex trader, the main strategies constantly pushed by most other traders are the high frequency trading systems. It’s such a “hot”, controversial, heavily discussed and somewhat viral subject that is saturating threads in all the Forex trading forums. Even the internet marketers and brokers are promoting high […]
Every day more people are made aware of the Foreign Exchange market and the potential for a second income. It’s understandable why everyone wants to learn how to trade Forex for themselves. Brokers are now popping up all over the globe and bragging about the dreamy gains one can get from learning how to trade Forex. […]
A particular line of phrasing that I’ve seen thrown around time and again amongst groups of currency traders is, “Country X’s debt is SO high, their currency is going to go for a dive”. I’ve always found this particular line of reasoning to be incredibly plebeian at best, and hazardous to a trader’s account balance […]
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 […]
When I was learning how to trade, one important thing I used to do in my spare time was study Forex historical data of my favorite currency charts to familiarize myself on how price movements developed and unfolded in the past. By observing how the market moved in the past, you can begin anticipate future price movements […]
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 […]
How many times have you been presented with an opportunity that looks like perfect job? Low effort, high profiting “business opportunities” have been around since the birth of capitalism. Following the growth of the internet it seems a new one lands in our inboxes every day. While the majority of us are immune to falling for […]
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- 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