Trading reversals in Forex can be quite profitable. It can, however, seem a bit daunting at first. If used properly, it can be a great addition to your trading arsenal. Once you become aware of what to look for, you will be able to recognize them quite easily and take advantage of them. Read more »
Forex Signal: GBP/USD
I have decided to start adding some signals to this blog because I believe many members would benefit in taking some longer term trades. These signals will be generated by the same trading system that we use in our premium trading room. I know that Free Signals always are helpful if they work. Read more »
The Power of Gratitude in Forex Trading Success
I’ve heard traders express how much having worked as a forex trader has opened up the path to self-discovery. It really does teach you some raw, honest truths about yourself. It is in this capacity that I’ll show you how the benefits of gratitude extend themselves into trading the forex. Read more »
Is Scalping Worth It ?
Hi folks, its that time again and I want to write an article today about scalping. I recently read a post on our site that that was kind of disappointing to read, but I guess everyone has their own methods. Perhaps scalping is NOT for everyone. I personally LOVE it to death. I do personally have trouble finding trades that can move several hundred pips without giving me the possibility of incurring a WIDE stop loss (which, I just don't like). Read more »
Forex Trading Burnout Magnet
While working as a school Guidance Counselor, I had a very good idea what burnout was. It was an occupational hazard, and as such, during training, we the students were forewarned about it and advised as to how to recognize and deal with burnout. Read more »
How Much Beer Does It Take To Get You Tipsy?
Sophia Smith – FXStorm That is my response to the question: “How much should one risk on a trade?” I make this comparison because in asking the question of how much to risk on a trade, I’m inquiring about someone’s risk tolerance, and that’s about as personal as it gets; I couldn’t have asked a [...] Read more »
Eur/Usd: Finally Broke Below 1.3400, More Losses To Come?
Welcome everybody, I hope that you all had a great trading day today. I actually missed the drop in the Eur/Usd. I had a short position on the Eur/Usd and I closed it for a 10 pip profit and just as I closed it the pair broke the shelf and went straight down about 80 pips. I don't know what I was thinking. Oh well, there will be another one right around the corner. Read more »
Price or Pattern?
Greetings fellow traders, it's that time once again for an article that I hope will be helpful to you. I get asked all the time, "What price will be good to short this euro now?" (or similar such questions). These types of questions usually come well after a decent sell setup is in place and we are down 20 to 50 pips from the proper entry, by the way) Read more »
This Is My Personal Story
This is my personal story…my journey so far, on the trader’s path. When I first started learning how to trade, I too heard that terrifying statistic, that only about 10 percent of forex traders ever become successful at it. Still, my determination was stronger than my fear, so I threw myself into learning the ‘trade’ . Read more »
Eur/Usd: Gaining Momentum To The Downside
Thursday and Friday of this week saw the Euro crash down to test the 1.3500 area and bounce off of that to move up, slightly. This momentum to the downside could potentially carry the euro to break the 1.3500 support area and even the most recent low of 1.3434. If those critical support levels break we could see a free fall in the Eur/Usd until the pair reaches the 1.3200 level. Read more »
