-
Jan 13, 12 •
7189 Views •
Forex Trading Articles •
admin
Comments Off on Sshhh – It's Time To Discuss The Forex Cheat Sheet
Occasionally you’ll get a ‘heads up’ in the form of a fascinating document sent to you by contacts in the industry. Some really are eye-openers, others are ‘slap on the forehead’ “why didn’t I see that?”...
-
Jan 13, 12 •
5357 Views •
Forex Trading Articles •
admin
2 Comments
There’s a few fascinating quotations of ‘trader folklore’ that have stood the most testing of times, one of the most prevalent is that only 5-10% of self employed traders are profitable. This supposed firm ‘fact’ is one of the...
-
Jan 12, 12 •
6926 Views •
Forex Trading Articles •
admin
1 Comment
Once you’ve been in the ‘trading game’ for a number of years you observe trading fads come and go; dark-siding was all the rage a couple of years back, presumably you needed to be a Sith Lord or Jedi Knight to make it work. Apparently price...
-
Jan 11, 12 •
4476 Views •
Forex Trading Articles •
admin
Comments Off on All You Need To Trade FX Is A Couple Of Lines On A Chart
Can anyone recall the first time they were introduced to technical analysis, did it feel like a Eureka moment, the sudden discovery that something happens when certain ‘numbers’ or horizontal lines on a chart are reached? Occasionally it’s...
-
Jan 11, 12 •
4014 Views •
Forex Trading Articles •
admin
1 Comment
I’ve discussed the subject of stops before, as part of the money management technique, in a trader’s overall business plan, stops are an essential ingredient. Fact; the second you trade without stops is the same second you’ve compromised the...
-
Jan 4, 12 •
3929 Views •
Forex Trading Articles •
admin
Comments Off on Keep Your Glass Half A Percent Full To Reach Your New Year's Forex Goal
There’s an old adage that I’m reminded of at the turn of each year; “Many people look forward to the New Year for a new start of their old habits”. I’m also quite fond of this phrase; “I make no resolutions for the New...
-
Dec 23, 11 •
7594 Views •
Forex Trading Articles •
admin
4 Comments
In the first part of this two-part article, we discussed the entity that is the COT report. In this second part we’ll discuss how to put the report to best use when looking to trend and or position trade forex trades. The COT (commitment of traders)...
-
Dec 19, 11 •
4786 Views •
Forex Trading Articles •
admin
Comments Off on He Waits – That's What He Does
He waits; that’s what he does. And I tell you what: tick followed tock, followed tick, followed tock, followed tick “You probably think the COT report is a Mothercare survey on which cots are best for new born babies” was a humorous but...
-
Dec 15, 11 •
3956 Views •
Forex Trading Articles •
admin
Comments Off on A Man Is But The Product Of His Thoughts
“A Man Is But The Product Of His Thoughts. What he thinks, he becomes.” – Mahatma Gandhi In an earlier article we discussed the ideas behind the concept of choosing a trading strategy to match our personality type. The perceived wisdom is...
-
Dec 15, 11 •
3357 Views •
Forex Trading Articles •
admin
Comments Off on The False Promise Of Forex Education Courses
As somehow who actively encourages forex speculation and experimentation (in all it’s forms) it pains me to criticise certain elements that have grown unchecked within our industry. For example I’m deeply suspicious of the benefits of trading...