I was recently asked how to become a forex money or fund manager. .This got me thinking about how I could guide those looking to manage funds and what it takes to become a forex and/or asset...
Fibonacci Retracements are NOT Flawless — They Break Did you truly believe that there was any single variable in the world of trading that would provide you with everything that you needed to invest perfectly every time?...
This kind of a question is with us in one form or another , for as long as Human Civilization exists. First Plough, first Steam machine, first Electric bulb, first Computer …..million “First” things human invented and...
If I told you that there was a large order in the market to buy EUR and sell GBP would you be looking to sell EURUSD and buy GBPUSD, do the opposite or step aside as the order...
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...
Pivot points don’t hold on forever. There comes a time when the market moves beyond the pivot points that you see, just like the market moves past resistance and support points at times as well. This is...
How to Calculate Pivot Points? Pivot points are calculated by taking the previous session’s open, close, high, and low points. This is a little confusing for some people because they know that the market is a 24-hour...
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...
In trading the markets, there are many things that separate successful traders from those who end up losing money. Knowing what these things are can help you become a better trader, and potentially make more profit in...
This is the third installment of my common sense trading tips. These tips are what the tile says, they are based on a common sense approach to trading. I firmly believe if something makes sense to you,...
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...