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...
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...
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...
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...
Resistance at 1.09450 Support at 1.09200. So what to do with these numbers ?? Well, you decide first are you a bull or a bear …then you make a strategy based on the given bracket right now…how much...
Knowledge is Power It is said that knowledge is power and in the world of trading it means you need to be aware of what consensus forecasts and range of estimates are for upcoming economic releases. It...
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...
Are You Tired of Information Overload? Are you on information overload? Are you missing out on the information gems? Are you taking advantage of what we offer? See what you may have missed that could...