Coffee in one hand, cigarette in the other, I watch the candles move. They blur, taking on a life of their own as the monster breathes. Uptrend, downtrend or ranging; the candlesticks remain in continuous motion as this beast meanders along its path. Regardless of the speed, volume or movement, rest assured (or not) the market makers are pulling the strings, because it is they who control this beast. Read more »
Wisdom from a Future Forex Millionaire
I received this email today from a valuable member of our trading room. I've seen him in the room go from asking "newbie" questions to providing his own (accurate) pair analysis. He will reach the seven figure level in due time as long as he keeps up this kind of progress and discipline. With his permission, I'm sharing this because I really feel this will be of value to others. Read more »
Down and down it goes, where it stops nobody knows.
Strange title I know, but this is about the art of "laddering orders in an attempt to peg the best price towards the bottom. You see, I don't know where this will stop, but I want it, and that is all that matters to me. Read more »
Forex Study: Make A Commitment To Learning
Undertaking some type of forex study should be an important component of your overall trading approach. Having a willingness to learn as much as you can will put you in a sound position to develop a profitable trading career. Also keep in mind that there is just so much free information that is now easily available online - so make the most of it. Read more »
What Are You Searching For?
Many new traders (lets face it) do NOT know what they are doing or why. This is understandable. As a "newbie" how is someone supposed to "know" what to do, or what they are really looking at on charts? This only comes after many months and maybe even years for some Read more »
Desperation, The Enemy Of Forex Trading Success
It is 2am, you’re desperately surfing through your charts for a trade setup. The logical side of your brain is telling you to stop and think. There are none of your usual set-ups, but you need to trade. Read more »
The Forex Holy Grail Syndrome
Wow, you just started trading live. You are excited and ready to go; so pumped up with adrenaline you feel you can do anything! You had been trading on a demo account all this time. You have decided on a strategy and the results have been good; nothing mind-blowing, but good all the same. Read more »
Are You Addicted To Forex Trading?
As Forex traders we flirt with potential addiction on an ongoing basis. It is probably fair to say that a large percentage of traders will at one point throughout their careers, will have experienced some addiction symptoms. It requires presence of mind, to be able to step back and assess our behavior from time to time. Read more »
The Power of Gratitude in Forex Trading Success
I’ve heard traders express how much having worked as a forex trader has opened up the path to self-discovery. It really does teach you some raw, honest truths about yourself. It is in this capacity that I’ll show you how the benefits of gratitude extend themselves into trading the forex. Read more »
This Is My Personal Story
This is my personal story…my journey so far, on the trader’s path. When I first started learning how to trade, I too heard that terrifying statistic, that only about 10 percent of forex traders ever become successful at it. Still, my determination was stronger than my fear, so I threw myself into learning the ‘trade’ . Read more »
