Trading forex is full of misconceptions indeed.
Many novice’s come into trading forex through very smart marketing techniques. These techniques tend to produce fairy tales around very logical concepts.
They are designed to make trading Forex very attractive by promising the impossible. Among many, the income expectations in the retail FX market are seriously overdone.
Category: Best Forex Blog on The Planet
Free Trading Tips for Forex
Learn Trading Concepts including Diversification, hedging, stop losses, trailing, correlations, carry trading,
How to trade forex ( from the beginning! )
When I first got into forex trading,
I had no clue How to trade forex!
And,
I had a thousand questions about trading that I simply could not get a straight answer for!
No matter where I went to find Information, nobody could give me simple starter advice on how to trade forex, for beginners that is!
There was just one talking head after another, trying to get me to fund an account on their platform!
Macd. What you need to know
How FED plans to unwind its balance sheet and what it means for the US Dollar & Gold
Because interest rates are so closely tied to this issue, what also needs further consideration is the potential effects on the value of the USD occasioned by unwinding the balance sheet, and by extension commodity prices, in particular the price of gold.
10 profitable intra – day trading strategies (that you can use right now)
People who succeed at day trading do three things very well:
They identify intra-day trading strategies that are tried, tested.
They are 100% disciplined in executing those strategies.
They stick to a strict money management regime.
How to perform accurate market analysis
Good market analysis combines the fundamental analysis and the technical analysis. This combination is essential to form a longer-term bias in the market. Good market analysis needs to consider other parts of financial market; stocks, commodities, futures. Good trader understands correlations between stocks, bonds, interest rates and knows how they impact currencies. Once the trader… Continue reading How to perform accurate market analysis
Connect to information – Risk comes from unknown
How many times you opened your trading platform just to find the price moved unexpectedly in the direction you have anticipated? You had been watching this price for a while, waiting for perfect opportunity to enter just to find the price taken off. The reason? Unexpected news just came out and moved the markets.… Continue reading Connect to information – Risk comes from unknown
( COT ) Commitments of Traders report – An Ultimate Guide for a Forex Trader
[vc_row][vc_column][vc_column_text] ( COT ) Commitments of Traders report is the most powerful leading indicator After talking to many day traders I notice that most of them discount the Commitments of Traders report as a functional leading indicator. They are of the opinion that the data reported lags five days hence is invalid. But this is… Continue reading ( COT ) Commitments of Traders report – An Ultimate Guide for a Forex Trader
Trading – Entering the market isn’t enough to succeed
Lets run through a few terminologies and jargon that you are bound to run into, Understanding the terminology will easy the path to learning how to trade forex successfully. A Pip: Not the hero of the Charles Dickens novel Great Expectations! It is the “Percentage In Point” (PIP), also known as a “Point”. This is the… Continue reading Trading – Entering the market isn’t enough to succeed
RSI indicator trading strategy, 5 systems + back test results!
[vc_row][vc_column][vc_column_text] RSI indicator trading strategy – 5 systems and the back test results! Digging into the quintessential overbought oversold indicator! The RSI indicator is a cruel mistress! She lure’s us in with promises of easy money and trading success, only to drain your trading account balance in a run of terrible stoploss strikes, Even thought the… Continue reading RSI indicator trading strategy, 5 systems + back test results!