MeetPips Review – Nice trading journal with live accounts missing

MeetPips is the latest venture from the founders of BabyPips. The site enables forex traders to manage an online forex trading journal, which not only helps them follow their traders, but also test the trades against the strategy, and see what other traders are doing. Here’s a review of MeetPips, which has some advantages and [...]

Forex Trading in the Same Position Sizes

New forex traders are usually advised to use the same position size. This is good for beginners for several reasons. But do seasoned forex traders still keep this habit? Do position sizes grow with experience? Do they change according to the type of the position? Fixed position size for newbies New forex traders should trade [...]

Forex Trading: How to Limit Your Risk

Guest Post by ForexTraders.com If you’ve traded any security, you’ve heard the old axiom about keeping your losers to a minimum and letting your winners run. The latter part of that expression is self explanatory. Most forex traders know that they don’t want to cut their winning trades. Simply keep moving your stops up as [...]

New NFA Regulations – Dos and Don’ts

The new NFA regulations have arrived. For those of you who are trading with American brokers, here’s a basic list of things you should do, and more importantly, a short list of things you shouldn’t do. The last hedge free forex trading week is over. When trading will resume on Monday, August 3rd, the new [...]

Emotional Control: The secret key to El Dorado

Guest post by ForexTraders.com It is well-known that a majority of forex traders fail. But it is not equally well-known that the main cause behind such a high rate of failure is unrelated to the market itself. Not analysis, and strategy, not education and learning, but lack of emotional restraint and mental composure are the [...]

Non Farm Payrolls are ok- Dollar Rallies (Updated)

The Non Farm Payrolls came better within expectations, at -524K . Immediately after the initial shocks, the dollar stabilized against all the currencies. Note the Unemployment Rate as well. It now stands at 7.2% . This is worse than 7.0% that was expected. The Average Hourly Earnings went up by 0.3%, which beat expectations, that stood [...]

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    Forex Crunch is a blog all about the foreign exchange market. It includes and will include: tutorials, basics of the forex market, daily and weekly forex analysis, technical analysis, forex software posts, and whatever is related to Forex. Forex Crunch aims to deal with forex trading, but with a more personal touch. More...

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