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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Many people have a very distorted concept of trading the Forex market, particularly the new guys on the scene (who in all fairness don’t know any better). But there are even experienced traders still being continuously burned by these expectations and demands they of the market. Generally speaking, most people have generic ‘expectations’ of what […]
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 […]
You’re Paranoid I like to say unpopular things. Usually, I try to make them true, and I do my best to support my opinions/statements with proof (evidence-based approach). Why do I do this? I guess it’s because I’m a contrarian at heart; going against the crowd has, as a general rule, been a positive for […]
The stakes are as high as the tension in the room. Luck? Baby, it’s not about luck. It’s all about controlling your emotions. It’s about managing risk. It’s about turning a profit. Can you guess what I’m talking about based on the description: Forex trading or professional poker playing? Actually, it’s an apt description of […]
Whether you’re religious or not, for a moment just think of Forex trading like Sunday church. You show up in your best clothes and best intentions. You smile and listen to the message, maybe even take some notes. You might sing a couple songs and learn some new tricks, and you go home feeling invigorated, […]
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. […]
There is a well known statistic being passed around the Forex community. There is a good chance you’ve come across it, possibly numerous times. The statistic generally reads ‘95% of Forex traders lose money’. For traders who are chasing their dream of becoming a full time Forex trader, or at least trying to achieve even […]
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 […]
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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