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 […]
More Forex Trading Articles
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 […]
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 […]
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. […]
Have you ever had a feeling that some greater power in the market has singled you out and is doing everything in their power to make your trading life a misery. Because it seems every time you enter a Forex trade, almost immediately you find the market reversing on you? The market is probably just […]
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 […]
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 […]
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 […]
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 […]
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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