Forex Mentor Course – My Full Story
Posted on November 24, 2008 - Filed Under Article | Leave a Comment
I began my first forex trade three years ago, at this time, information sources of trading available were very limited, I could not get the the suitable information on online forex course for free trading to allow me to begin a live forex trading successfully, all my sources of information and trading strategies were obtained [...]
Getting Help from Currency Trading Software
Posted on October 28, 2008 - Filed Under Article | Leave a Comment
For most players in the FOREX market, the use currency trading software is no longer a new concept.
In the past currency or foreign exchange (FOREX) traders relied on other people to help them out. Help was provided by those who provided signals. These signals are like warning signs for traders to decide whether it was [...]
Online Trading Forex- Which Of These 3 Mistakes Do You Make?
Posted on October 25, 2008 - Filed Under Article | Leave a Comment
Professional traders are full of tips and guidelines that can greatly increase profitability during your online trading Forex sessions.
Here are 3 advice notes I’ve picked up which greatly reduce the number of my losing trades and increase the number and size of profitable trades:
Mistake #1
Setting the stop at round numbers.
Solution: When setting your stop, avoid [...]
My Favorite Trading Strategy
Posted on October 15, 2008 - Filed Under Article | Leave a Comment
What I’d like to do in this very short article is give you an overview, looking at the strategic level, of how I trade my favorite setup, which will be the one referred to in most of the analysis on my website. We’re talking, ‘the big picture’.
Too many people make a critical error in focusing [...]
Forex Analysis Tools – US Dollar – Short Futures Index
Posted on September 18, 2008 - Filed Under Article | Leave a Comment
Our Forex analysts have been watching the short money flow into dollar futures slowly dwindle down over the past month. We are now in a technical area on The Deutsche Bank US Dollar-Short Futures Index ($USDDNX.X) that puts us into a bullish position on the USD/GBP pair.
To view this chart, enter the tic symbol $USDDNX.X [...]
Your Forex Trading Style – The Spider Or The Cat Approach?
Posted on September 4, 2008 - Filed Under Article | Leave a Comment
Forex trading is a very individual activity and each trader has a particular Forex trading style depending on their personality type.
Being able to objectively analyze our own trading style is a great asset. We can then develop our style into a more consistent trading method by identifying positive and negative characteristics. The following analogy from [...]
Learn Foreign Currency Trading Online – Best Forex Book
Posted on September 3, 2008 - Filed Under Article | Leave a Comment
Looking to learn, looking to earn and struggling to get started? The biggest problem with the internet is that there can be too much information. Analysis paralysis leads to failure. If you’re looking to learn foreign currency trading online why not check out the 10 Minute Forex Wealth Builder? It is the best forex book [...]
Your Forex Trading Style – The Spider Or The Cat Approach?
Posted on July 4, 2008 - Filed Under Article | Leave a Comment
Forex trading is a very individual activity and each trader has a particular Forex trading style depending on their personality type.
Being able to objectively analyze our own trading style is a great asset. We can then develop our style into a more consistent trading method by identifying positive and negative characteristics. The following analogy from [...]
Price Oscillator – Technical Indicator
Posted on June 24, 2008 - Filed Under Article | Leave a Comment
OverviewThe Price Oscillator displays the difference of two moving averages in either points or in percentages. This technical indicator is very similar to the MACD, but there are two main differences. (1) The trader can define any two input parameters for the periods of the moving averages, while the MACD is always 12 and 26. [...]
The Forex Trader Failsafe Checklist
Posted on May 14, 2008 - Filed Under Article | Leave a Comment
The Forex market can lure the novice Forex trader into trading scenarios that appear very attractive at first glance but turn very quickly into a losing trade.
Many a Forex trader will relate to this experience:
Price has been in a consolidation channel for one or two hours.
You place an entry order to get taken in at [...]