As I noted in Forex Trading: Seeking the Path of Least Resistance – A Common Sense Way ti Trade The forex market is on a constant search for the path of least resistance, whether it be on the...
An Introduction to Pivot Points in Trading Professional traders who are interested in discovering where a currency pair is likely to pivot from its current trajectory and head in another direction often use what is known as...
This is an important tip as it is easy to fall victim to it and harder to avoid. This is a trap almost all traders have fallen into at one time or another. I know when I...
Price doesn’t always just move up and down in trends constantly. There are times when price seems to condense into a smaller and smaller range. When this happens, you may be witnessing the beginning of a triangle...
Trading bearish and bullish pennants can provide you with yet another way to earn some extra profts on your trades. You don’t want to rely too much on any one signal or indicator, and that is why...
Chart patterns are always fun to look at because they can provide an immense amount of information to inform your trading. You may not be trading accurately at all until you start to learn how to trade...
Chart patterns may be one of the more useful tools that you can bring to your Forex trading experience. They are undoubtedly going to show up during the trading day. If you recognize these patterns or not...
Everybody loses money when trading at some point. It is an unavoidable part of the business. What separates the best traders from the rest is their ability to analyze your trading losses, learn from them, and move...
EURUSD Daily Outlook It all started yesterday with me stating : It is not a problem to comment on it technically right now, and if there was not tomorrow’s ECB Interest Rate Decision, I would gladly pronounce...
Every trader reaches a point where they have to stop and ask themselves what kind of trading analysis is best for achieving top results. Most get to this question pretty quickly after learning about the Forex market...
Most traders have a workstation, where they analyze charts and, really if you boil it down, what they are doing is looking at historical price behaviour. Charting is one of the very first — and one of...
In the world of electronic forex trading where an increasing volume is generated by automated programs, it is amazing that psychological or emotional levels still have a significant impact. It may be that my mind acts as...