What I have always loved about our Forex Forum is you never know when someone will post something that catches your attention, especially when it proves to be on target. In this regard, I am just the...
Is there a difference between forex trading and gambling? I have been asked this question on more than one occasion and it is a good one as it can make the difference between failing and having a...
Position trading is the longest-term of all trading styles. Trades can last anywhere from several months to several years! Position traders ignore short-term price movements in favour of pinpointing and profiting from longer-term trends. It is this...
In trading, swing trading is a type of strategy that tries to take advantage of the natural rhythms of the market. This involves identifying a possible trend and then holding the trade(s) for some time, from two...
There was a Global-View member. a bank trader working for Japanese bank who gave the JPY a nickname I never forgot. He called the JPY “The Devil “  The reason, as he said was because “the YEN...
Is Scalping Right for You? Scalping is a trading style that focuses on taking small profits in the shortest period. Scalpers can place up to a few hundred trades in a single day, seeking small profits of...
A trading plan is a critical component of success for any forex trader. Without a trading plan, it is very easy to make rash decisions based on emotion, rather than logic and reason. A trading plan provides...
Every skilled trader knows that they need to practice at least some basic strategies in order to show profitability throughout their trading career. Going into the markets without a plan is not an option. The bigger question...
01 SKILLS ASSESSMENT This part of the experience of trading is the moment when you step back and take a look at yourself in the mirror and attempt to ascertain if you are truly ready to start...
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...
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...
One of the obstacles any trader has to overcome if he/she wants to move to the next level is muscle memory. For me, it is like trying to improve my golf swing. I take a lesson but...