Have you ever had an interest in the financial markets but don’t have a clue on how to break through the walls and trade like a pro? The watchmen of the Wall Street as well as The City have...
A Professional Trader’s Strategy for the Retail Forex Trader When I was a bank trader, I became friendly with a trader who managed a forex dealing room. He related his philosophy, which I call a professional trader’s game...
I was asked whether it is possible to arbitrage price differences between two brokers. Let’s start with a definition of arbitrage and then discuss whether it is feasible. Arbitrage is defined as the simultaneous buying and selling of...
This is a great tip because this is one of the keys to trading. It is the most logical approach but in the heat of battle, often the most difficult to implement. Master this and you will...
In the world of electronic forex trading where an increasing volume is generated by automated programs, it amazes me that psychological levels still have a significant impact. It may be that my mind acts as an algo...
Simple Moving Average (SMA) Explained The simple moving average is like the name describes: A simple calculation of the moving average of a market over a given period of time as defined by the trader. Let’s break this...
Many years ago, an old-time commodity trader introduced me to what he called the 4 Week Rule. I was a short-term spot trader, but I kept it in my memory as it can give a clue to...
I believe that when you step back and take a deep breath you will see that trading is just comment sense. It is hard to think this way in the heat of battle and I hope that my...