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...
We firmly believe in using a minimum of three time frames to map out the types of trades that you want to make. The reason is: we feel like this is the best way to determine short-term,...
New traders always want to know which time frame is the best for them to use for trading. It makes sense that people would want to know about this. After all, the more that we know about...
Every trader has looked for useful ways to find the perfect support and resistance levels. They want to get to a place where they can identify the perfect support and resistance levels for the various markets that...
Trading across multiple timeframes is something that traders have to do all the time. It is necessary for them to examine what is going on in those different timeframes in order to get an idea of what the...
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 vs. Exponential Moving Average Moving averages come in two different forms, the simple moving average and the exponential moving average. Both are important to successful trading, and both should be understood by the...
The following is Part 2 of my Common Sense Trading Tips. While my hope is these tips will resonate, you would be surprised how many traders lose sight of a common sense approach when trading in real-time....
5 Pip trades When we talk about idea – strategy to trade for cca 5 pips profit per trade, I have to say that it is Real. I have been trading that way in last 10 years constantly...
Trader Alert – EURUSD This may seem obvious, but YOU HAVE TO ALWAYS BE ON GUARD FOR A SURPRISE. Anyone who has traded the forex market or any other global market over the past...
Forex Trading: Seeking the Path of Least Resistance I went hiking in the Rocky Mountains a few years ago and on one hike I came across a place that reminded me of one of my...
Forex Trading – Dream or a Reality Forex trading is one of the most stressful and complicated jobs available. And your biggest mistake? You’re not treating it like a job. It takes a lot of...