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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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 […]
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 […]
Nearly every single technical trading system will rely on you the trader having the ability to correctly draw support and resistance levels on your chart. Mapping out support and resistance is really the most important core skill any serious traders will need to have a good grasp on. If you can’t draw your support and resistance then your […]
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 […]
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 […]
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 […]
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 […]
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 […]
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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