Here is your latest Leaderboard: 1. Shawn Lehman 20 475.02 2. Roy Tapara 20 419.24 3. Henry Francisconi 16 717.98 4. Brian Cothran 16 356.65 5. Josiah Biddle 15 294.55 6. Marc Schroeyers 14 883.13 7. Dean Pappas 14 597.04 8. Casey Stubbs 13 035.26 9. Juri Kallaste 12 856.80 10. Tony College 11 604.62 [...] Read more »
GBP/USD almost finished with retracement
GBP/USD is trying to get back into long term upward trend but before doing so, it is taking some retrace and that retracement move seems to be completed. The first retracement level can be seen around 1.5750 level and break of that will set an important level around 1.5612 which is also an important level [...] Read more »
EUR/USD all set
EUR/USD seems all set for an extended move in long term upward trend and for both the long term and intra-day traders will be looking to buy EUR/USD on dips to some reasonable levels. The first level that the traders will be looking to enter the market can be seen around 1.3165 level and in [...] Read more »
GBP/USD looking for an extended break
GBP/USD is trying to get back into long term upward trend but before doing so, it has to break a few important resistance level. The first resistance level can be seen around 1.5885 level and break of that will set an important level around 1.6000 which is also an important psychological level both in daily [...] Read more »
Forex Weekly Report
his week I am going to have some great market ideas for you as I do every week :) but first I want to give some shout outs to some friends of mine that helped my trading this week. Read more »
USD/JPY testing limit
Your Ad Here USD/JPY seems to be moving in a nice upward trend but now it seems to be testing the limits at the moment being getting really over bought at the moment. It seems that the current target is 79.50 level and from there, we might see USD/JPY taking some good extended retracement which [...] Read more »
5 Reasons “Standard Risk” Doesn’t Make Sense
Many people will tell you that risk management is essential, and I AGREE; however, the common method of training people how to manage risk is using a standard risk amount like 1% or 2% per trade. Here are five reasons why I don’t think that makes any sense. Traders are streaky. Every [...] Read more »
USD/JPY getting a bit over bought
USD/JPY seems to be moving in a nice upward trend but it is getting a bit over bought and sooner or later we might see USD/JPY taking a dip to have some retracement. The traders will look to aim buying USD/JPY around those retracement levels and first good retracement level can be seen around 77.50 [...] Read more »
EUR/USD getting ready for an extended move
EUR/USD is looking to set itself up for an extended upward move and traders will look to buy EUR/USD on dips to some reasonable support levels. A good support level can be seen around 1.3165 level and mostly traders will be aiming to buy EUR/USD around that level. The initial profit target will be [...] Read more »
Revenge Trading… What the Heck is That?
I am going to give you some great setups today at the end of this article but I wanted to start by sharing a real life experience I had with someone I am mentoring in trading about "Revenge Trading". A certain young man I am mentoring has been doing awesome at trading Forex. Read more »
