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 […]
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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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Currency is a medium that is used for exchanging goods and services, from one person to another. The most commonly known is the physical form of coins and paper notes. Today most currency is held in non-physical, electronic forms contained in banks. Electronic money is known commonly as deposit money, cheques and debit cards. The […]
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 […]
Trading can be fun, mentally stimulating and rewarding on many levels. But you shouldn’t mistake it for the slot machine down at the casino. We’ve all come across traders who are addicted to trading, and many of them even have somewhat of a structured trading plan (surprisingly). However, when it comes to managing their capital […]
One aspect of being a professional Forex trader (that many traders are not prepared for) are the Forex losing streaks. Losing streaks in your Forex trading can play havoc on your emotions, confidence level and feeling of self-worth. If you’ve been trading for a while, then I know you can relate to what I am […]
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 […]
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 […]
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 […]
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 […]
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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