The best way to understand exponential moving averages (EMA) is to examine how they are calculated Read more »
GBP/USD getting over-bought
GBP/USD has moved in a nice upward trend but seems to be touching the top of current range and therefore long term traders will be interested in buying GBP/USD once it takes some retrace. The first retracement target can be seen towards 1.5750 level. One the traders got a chance to buy GBP/USD around 1.5750 [...] Read more »
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Most Traded Pair Eur/Usd
The Canadian economy is good Europe and U.S. is bad, so how should we trade? We have an incredible setup forming right now with the Eur/Cad. The rebound in the Euro has also brought a nice bounce in the Eur/Cad, which in my opinion is a great opportunity for us Forex Traders. Read more »
GBP/USD back in upward trend
GBP/USD seems to be getting back into an upward trend in long term scenario as well once it manages to break above the 1.5640 level and the long term and short term traders both will now be only focusing to buy GBP/USD on dips to some retracement levels. One good retracement level can be seen [...] Read more »
GBP/USD setting up for a long term dip
GBP/USD might have been rising and moving nicely in an upward trend in medium term trend but in the long term trend, it is setting up itself for a very nice dip. Currently 1.5640 level seems a very good long term selling level and long term traders will be really interested in selling GBPUSD around [...] Read more »
Eur/Jpy Technical Analysis
The Euro is gaining strength and now the new currency to be talked about is the week with a sudden burst of weakness. I have posted a video explaining some key levels and how I would trade this pair in the upcoming days. Read more »
Competition Yields Greatness
Competition Yields Greatness Read more »
Forex Trading: How to Win by Loving to Lose
A few years ago a friend and mentor of mine once said to me “I love to lose, because only then will I know that I am doing something wrong and need to change” After I heard this, I thought: Haha..Now I know his secret. You see, prior to this conversation, this trader seemed so fearless that I have to admit, I really envied him. He loves trading and approaches it like a game. He has his strategy, and he knows it works because he has Read more »
Eur/Usd Weekly Review: What Is Ahead
I have been studying the Euro Zone and the United States, economies, news, charts and data trying to give me some clues as to what is going to happen next so we can trade it :) After all that research I have just come up with a one word answer: Perspective: Read more »
