I thought i would write up the article on a weekend as it is on a topic which everyone is supposed to be doing over the weekend i.e. Relax !! This might seem a very trivial and boring topic to most but as everyone knows, more than the charts, the technical stuff etc. , it [...] Read more »
Forex Trading Contest Update
Here is a short Video about the Forex Trading platform that we are using for the Forex Trading Contest. Today is the last day of the competition. We will be posting the results very soon. Thanks Casey Copyright secured by Digiprove © 2010 Read more »
War, all out war!
Its scary out there! ALL the nations are at war! Don’t think so? I tell you it is true. We have discussed before the trillions of dollars of capital in search of gains and a return. Buy and Hold is dead! These trillions are constantly on the move. Trillions. Hedge funds, Private capital, Institutions, Exporters, [...] Read more »
Gbpchf Technical Analysis & Trade Setup
The Gbpchf is one of my favorite currency pairs. I have been watching it for a trade setup, and now, I think nice one might be underway. Price is currently testing a down trendline on the daily timeframe, after having gone and tested major monthly lows. There also appears to be double bottoms on the daily timeframe. To confirm a long entry, I would like to see a daily close above the mentioned trendline. The horizontal line drawn in on the chart below shows the first major resistance level at 1.5830 that the pair needs to clear. That can be a first target if the setup plays out. Once there, I would move my stop to breakeven, and then go after the main target at 1.6060. Read more »
Eurusd Bears Mean Business
The scenario I am about to lay out on the Eurusd will be controversial. Regardless, I am merely describing what I see playing out at the moment. I am aware of the fact that the pair is currently testing weekly support, but I am not looking for it to go long. The daily chart shows the right shoulder of a possible bearish reversal. The complication is that weekly support lies just below that level, and the 4-hour timeframe is currently holding above an up-sloping support line. In spite of this significant, note the price action on the daily chart below. Two days ago, the daily candle closed in a very bearish manner right in the support zone; and yesterday’s candle simply indicates indecision. Read more »
Eur/Usd Buy Zone Approaching
Today the Eur/Usd rallied today and showed some bullish momentum. We are currently showing a potential buy setup and the target could be in 1.3000 area. Read more »
Trade Analysis Eur/Usd
Hello Traders, I have been so happy to hear some good trading stories lately. I was posting many disaster stories to show you how serious trading is. Now I am going to be doing a series of positive stories to encourage you. So starting soon we will be seeing how people have over come themselves [...] Read more »
A Forex Blog That Cares
I always mentioned that the Winners Edge Trading is about helping forex traders to learn to trade and i really mean it. Long time readers will know that i am always trying my very best to guide everyone towards forex trading success. Read more »
Oracle Bonus
My Personal Bonus This is where it gets interesting. I want to help you out and I believe that Oracle Trade can be a perfect addition to any traders game plan. So to make sure that you understand that I personally recommend this software I am going to give several bonuses to anyone that buys [...] Read more »
Which Trading Strategy Is The Best One?
In the quest to become a successful Forex trader, one of the major factors that have to be considered, is the trading strategy to adopt. While many people tend to be eclectic in their approach, there is significant potential for harm if this is done by a beginner trader who alternates between swing/ position trading, scalping, and day-trading. A trading strategy needs to be compatible with one’s personality type; Someone who is generally analytical, and needs time to decide on trades would probably not be very suited to scalping. Likewise, someone who has difficulty holding trades for extended periods will find it arduous to be a position trader. It is however, not uncommon to find experienced traders who are able to use different trading strategies without conflict. Read more »