Most times you hear about Forex Systems, you are talking about an automated program or a trading robot, but that is only one definition for a trading system. Let's talk about what a Forex Trading System really consists of. Read more »
Book Profits Early: Yes or No?
The question I am asking you to think about today is: if it is ok to book profits before hitting the profit target. Read more »
Trade Size in Forex is Important
Today I am doing a special article and Video about how to determine your trade size in the forex market. Read more »
AudNZD Live Trade
By Casey Stubbs I was writing an article and Trading this morning and saw an entry I like to look at. It is based on a Forex strategy article that @Nathan wrote a while back. If you want to learn that strategy go ahead and read the article. But for now just look at this [...] Read more »
Sometimes Entries Don’t Work Out
Okay, so I was trying to make a video to show you an entry that I was going to take until the candle completely failed in the last few minutes of the bar… I was just going to delete the recording, but then I watched it and thought it was kind of funny, so I [...] Read more »
Weekly Analysis and Eur/Usd Trade Idea
I am taking a trade and I am sharing with you the trade that I am taking. Disclaimer! Nothing in trading is guaranteed and do not risk more just because I am recommending it. I am risking 1% on this trade, so please use what is in your risk management plan. Read more »
Broken Level: Now What?
The second thing that could happen is that the Euro bounces up (like it is now) and retests the line that it just broke, and then continues downward, beginning Read more »
EUR/USD setting up for a dip
Euro seems all set for an extended downward trend and traders will be looking to sell EUR/USD around some reasonable level. One such level can be seen around 1.3070 level and in case the retracement is extended above 1.3085 level, it will look to extend towards 1.3190 level. The initial profit target can be seen [...] Read more »
EUR/USD Descending Triangle
Looking at a weekly or daily chart, the level becomes very clear. It is in the 1.3000 zone and it has held price several times and rejected it back upward. Over the past few months, each time it rejects price back up, it seems to Read more »
Sterling taking a breather
The Sterling Pound seems to take retrace of its long term upward trend and looking to set itself up for an extended upward move and resume its upward trend. Traders will currently look to buy GBP/USD around retracement levels and one such retracement level can be seen around 1.6135 level. Once the traders managed to [...] Read more »