Every so often, conditions will manifest in the Forex markets producing a trading environment that will put serious strain on your trading strategy. We’re talking about market conditions so boring, it’s about as fun as watching the grass grow. Daily trading ranges shrink down, the charts flatten out, and indecision causes brutal price churning. You […]
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The EURCAD daily chart currently shows a powerful downtrend in motion. These are the market conditions we need to target with priority over the others because it’s stable trends like these which generate the ‘money making signals’. The situation on the EURCAD at the moment is this; The market has just recently broken through a […]
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One of the powerful candlestick signals we use in our price action trading system is called the ‘Indecision Candle’. In this article we are going to go over what qualifies an Indecision candle, and why they are an extremely useful tool to have in your price action technical trading arsenal. You may have heard, or […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Forex trading systems come in a variety of complexities, you get those on one end of the scale which are built on heavy mathematical engines, while others are more simplified in nature. Our stance at ‘The Forex Guy’ is, “simple is the better approach” in the markets. There is no better way to approach the […]
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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