USD/CHF seems to be moving in a quite sideways trend and seems to set itself up for an extended downward move and traders will be looking to sell USD/CHF on reasonable levels to capitalize on this dip. Mostly the trade will be looking for such level will be around 0.9135 level and initially target 0.9000 [...] Read more »
AUD/USD looking to break
AUD/USD seems to have caught up in a sideways trend and is currently looking to break out of this sideways trend. Although break in either side seems to have equal indicators but the traders might consider especially for intra-day trade to buy AUD/USD around 1.0415 level for a small trader towards 1.0485 level. Although the [...] Read more »
AUD/USD Long Trade Idea
Tim Black is a live trading room host. His background is in computers and technology. He is addicted to technology, charts and technical analysis and enjoys teaching and sharing his viewpoints in these areas. Tim has been a trader for a long time and a technology addict for even longer. He is happily married and has [...] Read more »
GBPUSD: Devious?….No, Clear as Water!
Sophia Todorova has a background in teaching and psychology, and as such relishes the idea of assisting new traders on their journey to Forex trading success. Technical Analysis is her passion. The charts speak, and she listens. The past few weeks have certainly been patience-testing in the Forex market, with seemingly never-ending ranges. [...] Read more »
Forex Pair of the Week is Eur/Aud
Welcome forex traders, I have done a video because the overwhelming majority said they prefer videos to article format. I will probably eventually put it in both article and video format, so that those people that like videos will get them and those that like articles will get those. The weekly analysis is in the video below the article. Read more »
USD/JPY setting for an extended downward move
USD/JPY seems to be setting itself for an extended downward move and as a matter of fact, has also moved nicely in a downwards trend. Currently traders will focus on selling USD/JPY on rise to retracement of current dip and the first entry level can be seen around 81.40 level and once traders enter around [...] Read more »
Minimizing Risk and Maximizing Reward-Part 2
Hello guys, this is Nathan Tucci. A week ago I wrote an article called “Minimizing Risk and Maximizing Reward–What a Joke“ The idea was that we always hear about minimizing risk and maximizing reward simultaneously, but it is actually a mathematical impossibility. I got a ton of response from the article, and a few things [...] Read more »
Trader’s Tech #10 – Installing MT4 EAs and Indicators Part 2
Tim Black hosts the live trading room for the NY trading session on Mondays and Wednesdays. His background is in computers and technology. He is addicted to technology, charts and technical analysis and enjoys teaching and sharing his viewpoints in these areas. Part one of this article can be found here. So, I promised a [...] Read more »
GBP/USD getting a little over-bought
Looking at the current upward move by GBP/USD, it seems that GBP/USD is getting a bit over-bought and thus will look to take a little retracement before it can resume its upward trend again. The traders will therefore look to buy GBP/USD on dips to retracement levels and one good retracement level can be seen [...] Read more »
EUR/USD Trade
Hey, this is Nathan Tucci. Monday, in our Live Trading Room, I was looking at a Euro long set up. I recorded the trade to give some insight as to what I was seeing and how I managed the trade. Hope you enjoy it: Make sure you Follow me on Twitter to get more of [...] Read more »