If you are a forex trader, one thing is for sure: the path is never smooth. Sometimes you win and sometimes you lose. But here’s that thing that may seem somewhat crazy because sometimes you think that the forex market just knows how play tricks with your mind and here’s how: I’f you have […]
One of the best forex trading techniques to catch the beginning of a new trend and make a lots of pips (when the new trend continues in its new direction) is none other than using simple support and resistance trading techniques and price action. Here’s how… This is what you see first: This is what […]
I’ve had my ups and downs. My fair share of of bumpy roads and heavy winds. That’s what made me what I am today. Now I stand before you. What you see is a body crafted to perfection.. Ok, I’m no Jean-Claude Van Damme in the Epic Split 🙂 And heck, I can’t even do […]
High Frequency Trading (HFT), what is it? Who Is Involved? How Does high frequency trading work? How does High Frequency Trading Impact the retail forex trader like you? Should you be concerned about HFT? Lets find out… By the way, you may also be interested in reading the following: price action trading secrets forex scalping […]
When you have been waiting for hours watching a trade setup develop and you believe that that trade setup has a high potential of giving you a profitable trade and when you get the trading signal, you get into the trade. But soon price moves against your trade and maybe because your stop loss is […]
I had experienced many times where I’ve entered a trade thinking that the market would reverse, only to have the market go against me and my stop loss is hit. Then usually at around the level where my stop loss is hit, it will start to reverse and go in the direction that I had […]
I talked about how I thought the trade entry is the most important than the exit, you can read it here: In this short article, I’m going to talk about how to exit a trade and there’s nothing complicated about exiting a trade. Here are the 5 ways trades are exited: #1: INITIAL STOP-LOSS […]
Here’s how to trade using larger timeframes in 3 Simple Steps: Step 1: Check the larger times…see if price is near to resistance or support levels, trendlines etc…that should give you a “rough” idea of when (how many days, hours etc) price is going to hit that level. Step 2: zoom in Then zoom in […]
Here are top 10 reasons why it sucks to be a forex trader. #1: Spending quality time with your wife, child, girlfriend or friends is boring & maybe even stressful when you know you are missing the market action. #2: You spend hours upon hours analysing and studying charts…a really totally boring job in the eyes of […]
Hello Traders, I’m not a forex fundamental freak but once in a while, I come across things that do arouse my curiosity. And this topic is one that got my curiosity lately because, I’ve seen a handful of news about Oil Price falling too low and then there’s talks about risk of Russia defaulting. So […]
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