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...
Newsquawk.com Week Ahead 15-19th April MON: PBoC MLF, Swiss PPI (Mar), EZ Industrial Production (Feb), US Retail Sales (Mar), South Korea Import /Export Price Growth (Mar) TUE: Chinese GDP (Q1)/Industrial Production (Mar)/Retail Sales (Mar), UK Jobs Report (Mar/Feb),...
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...
EURUSD Daily View Today’s US Data had a tremendous effect on EURUSD, sending it to a free fall, and breaking every single Support – real or imagined one. It is not a problem to comment on it...
There are many reasons new traders lose money in the markets. Inexperience is one of the biggest. New traders usually lack the knowledge, skills, and experience to properly analyze markets and make informed decisions. They often jump...
This is an important tip because many traders treat both sides of the market the same way. Have you ever had a winning trade and held out for the last pip only to see your target miss...
The key to any strategy is to be able to put it into practice in real time. We all know that trading rarely operates like a textbook so it is important to understand the logic behind a...
What is Traded in Forex? It’s an easy answer… money — various national currencies are traded. Since you’re not buying an actual item from Amazon that you can feel and touch, forex trading can be baffling. So, we’ll...
What is the Forex Market Quite plainly, it’s the global financial market where people trade currencies. If you think a currency will be stronger versus the other, and you take a position that validates your thinking, then you...
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...
Why Can’t I Make Money Trading? I received the following from a struggling trader. I feel like I am in your death spiral. I make some, lose some but my losses exceed gains and my account...