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Why Expectationditis Can Drop Kick Your Forex Future.
When trading Forex markets, there are many things to think about. However, one of the most important parts of becoming a successful Forex trader is the simple discussion of expectations. Unfortunately, there are a lot of people out there that are willing to sell you systems, dreams, and other such shenanigans about the currency markets […]
Read Some MoreForex For The Week of March 3, 2014 – Rope A Dope
The Forex markets really showed up towards the end of the week – flashing a few flamboyant moves. Friday was especially interesting, as we are now looking at a possible move much higher in the EUR/USD pair. However, there is a lot to “chew on” before the Euro can claim victory, and the area just […]
Read Some MoreForex For The Week Of February 24, 2014 – A Love Lost
The Forex markets continue like the psychotic half of its missing twin, to display some of the characteristics we have been covering recently. For proof take a look at the behaviour of the EUR/USD. This pair is one that most traders pay a lot of attention to and if you have been looking for more […]
Read Some MoreForex for the week of February 17, 2013 – Risk On?
The Forex markets were heavily weighted towards the late part of the previous week as far as momentum is concerned, and without a doubt the most interesting pair was the GBP/USD. This pair has been one that we have been looking to buy on the breakout, and we got that chance this past week – […]
Read Some MoreForex for the week of February 10, 2014 – Too Soon To Panic?
The Forex markets had the non-farm payroll announcement to ponder over the course of the last week, and as a result there was a lot of action on Friday. The number came out much weaker than anticipated, causing a lot of chaos during the session. The EUR/USD pair shot higher, although a lot of the […]
Read Some MoreTransaction Methods in Forex
This article will explain a few of the transaction methods that are available to traders to enable them fund their Forex accounts and withdraw any profits that they may have made from their trading activity. The commonest methods for depositing to Forex accounts and withdrawing from them are as follows: a) Credit/debit cards b) Wire transfers c) E-wallets e.g. […]
Read Some MorePinbar Trading Strategy for Bigger Profits
Pinbars are very important candlesticks in forex because they signal market reversals. The pinbars themselves are individual candlesticks, although some authorities describe pinbars as the “nose in between the right and left eye”. This signifies that at the bottom of a downtrend, the pinbar is found between a bearish candlestick and a bullish candlestick, and […]
Read Some MoreForex Week Oct 7 2013 – No Clarity In Sight.
The Forex markets this past week behaved erratically to say the least, because as per usual we would gotten the quiet trading in the middle of the week out of the way before a nonfarm payroll Friday announcement. However, since the US government is still in shutdown mode, there was no actual announcement. For this […]
Read Some MoreIntroduction to Forex Options
Forex options represent another way to trade the forex market. What are forex options? Forex options are securities that allow forex traders to purchase or sell contracts based on the movement of the underlying currencies without actually holding the currencies in question. Forex options give the trader the right to purchase or sell a currency […]
Read Some MoreForex Week Sept 30 2013 – Sideways Market
The Forex markets were again somewhat benign when it came to direction over the last week, and was especially true in the EUR/USD pair. The market simply seems ready to sit at the 1.35 level, an area that has been attractive to traders time and time again. This “market memory” seems to be pretty well […]
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