Everybody loses money when trading at some point. It is an unavoidable part of the business. What separates the best traders from the rest is their ability to analyze your trading losses, learn from them, and move...
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...
The management of risk is frequently overlooked by traders. It is cited as being a boring subject where complicated formulae are needed to understand and quantify risk. Many traders especially in the modern world of hit-and-run or...
Every trader reaches a point where they have to stop and ask themselves what kind of trading analysis is best for achieving top results. Most get to this question pretty quickly after learning about the Forex market...
Most traders have a workstation, where they analyze charts and, really if you boil it down, what they are doing is looking at historical price behaviour. Charting is one of the very first — and one of...
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...
In the world of electronic forex trading where an increasing volume is generated by automated programs, it is amazing that psychological or emotional levels still have a significant impact. It may be that my mind acts as...
What is Technical Analysis in Forex? There are many tools that can help traders learn how to trade Forex, and one tool is called technical analysis. Technical analysis refers to the theory that it is possible to...
This is another one of my favorite trading tips. The first step is to understand why retracements work. The next step is to find a way how to use retracements in your trading. and I will explain...
Just today Gold has hit it’s new record high of All Times – 2365.34 $ per Ounce. In the past year it has surged roughly 16%, and just in the past month 5.6% And what are the...
The 3 Types of Forex Market Analysis Before diving straight into forex trading, you need to get some basics out of the way. This way, you can cut losses on your hard-earned money. If you want to...
The pair is in clear Uptrend, and Swissy never looked so vulnerable. CHF is hit even from the USD , and that is not it’s usual state of affairs. Resistances come at : 0.98950 , 0.99150 and...