Category: Forex Basics

5 Commandments That Will Catapult You to Your Desired FX position

Do you know that a huge number of Forex traders are in trouble? Do you really know the cause of such a predicament? Many even regret knowing the existence of FX, do you know why? Is it because they were not informed about it? Or is it that they ignored to digest the dos and don’ts of Forex market?

There is a saying that says, when you are informed you are reformed and when you are not informed you are deformed. Many of us today, especially beginners always engross ourselves with the mindset of gaining and have also forgotten the fact that we have to digest what it takes to make a great achievement.

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Simplifying Trends For The Forex Trader to Profit

Simplifying Trends For The Forex Trader to Profit

In everyday speak, a trend is the hottest pair of sneakers or that must-have cell phone. It has become a marketing term that means the latest, greatest and cutting edge item you can buy. In Forex speak, trend sticks closer to the words root meaning which is a direction that something is developing in changing

The Hollywood Indicator

The Hollywood Indicator

It is no secret that we traders love it when Hollywood takes a look at our industry, even when we consider that mostly, the treatise will not be complimentary. Is this some form of masochism or narcissism? I’ll not go that far but will suggest that when scrutinised, most people will be more than a

Can setting stop losses make you a better trader?

Can setting stop losses make you a better trader?

Some traders use them, and some traders don’t, but can setting stop losses make you a better trader. I believe they can. What are stop losses? Stop losses are pending orders placed in the market, to close a position at a certain price point, if a trade goes against you. Stop losses are exactly that,

Math Class Revisited: Understanding the Different Forex Charting Methods

Math Class Revisited: Understanding the Different Forex Charting Methods

Remember all of those charts and graphs you had to learn during high school? Once you start trading Forex, all of that knowledge is finally going to come in handy. One of the basic principles in being a successful Forex trader is learning how to read charts and graphs and than applying what you learn

Market Movers Episode #20: Questions for every trader, crashing oil, state of the UK and global gloom

Market Movers Episode #20: Questions for every trader, crashing oil, state of the UK and global gloom

The markets are storming and we cover it all: from the still strong economy of the UK  through the big tumble in oil prices and finally with a wide coverage of everything causing the global gloom in stocks, bonds and currencies. We big begin with a few more questions that each trader should ask. Welcome to

How to Correctly Mark Forex Support and Resistance

How to Correctly Mark Forex Support and Resistance

Understanding levels of support and resistance may be the single most important aspect of your technical analysis as a Forex trader, and should ALWAYS be factored in before making any trading decision.  There are two different steps to using support and resistance levels (a.k.a., S/R levels) that you must understand before you can successfully use

Market Movers Episode #18: Questions for every trader and a preview for October’s big events

Market Movers Episode #18: Questions for every trader and a preview for October’s big events

Are you really prepared to trade? We ask some questions you should ask yourself as well, before diving into the big events of October, which is a very promising month, especially on the background of September’s turmoil. Welcome to a new episode of Market Movers, presented by Lior Cohen of Trading NRG and Yohay Elam of

Multi-Strategy Portfolio: Protection for the Aug/Sep Trader

Multi-Strategy Portfolio: Protection for the Aug/Sep Trader

Strategies from trading books or FX trading seminars often advocate one strategy as the holy grail, backed by years of research. Even with forex expert advisors, automated traders mostly trade just one robot, albeit across currency pairs. While this can be profitable over the long term, it does not protect you from near term drawdowns from changing

Forex Crunch Key Metrics September 2014 – Volatility is back

Forex Crunch Key Metrics September 2014 – Volatility is back

The month of September saw a complete turnaround in site metrics. The surge in volatility resulted in the best month ever for Forex Crunch. Thanks to the Scottish Referendum, the ECB’s measures and the dollar rally among other events, the interest in forex trading and Forex Crunch has certainly risen. The improvement is seen not only in