Hello. Let me share the results of the work of the EA R GriD Five months of profitable trading!!! https://www.mql5.com/en/signals/161637...
The first article was about identifying what type of trader you may be. We wrote that might want to take a personality test to see where you stand in the continuum along impulsive to conservative...
Summary : Target Level : 0.7496 Target Period : 2 days Analysis : Channel Down has broken through the resistance line at 20-Jun-00:00 2016 GMT. Possible bullish price movement forecast for the next 2 days towards 0.75...
By Peter Brandett I have absolutely no control if the next trade or series of trades will be profits or losses. However, with a proper Trade Management process, I know that I only have control over: The patterns I identify as trading opportunities – do they meet a certain standard...
Société Générale on their strategy to trade the UK Brexit Referendum The UK referendum is less than a week away...
Traders tend to focus a lot of their time and energy on their trade entries. In fact, if you browse through online communities and forums, you’ll notice that majority of trade discussions revolve around entries...
If you’ve been reading about the forex industry long enough, then I’m sure you’ve found tons of offers from forex-related discussions, Google searches, and even your Facebook feed on “Holy Grail” trading systems that claim to be easy, cheap, and are guaranteed money-makers...
We’ve got a couple of central bank statements this week, one of which is the BOC monetary policy decision. If you’re thinking of grabbing pips during this event, make sure you take note of these factors first. 1. Economic data turning a corner...
Welcome to another NFP week, fellas! Have you started looking for trade opportunities this week? If you haven’t, then let’s get your feet wet with these four catalysts that could cause volatility for the Aussie pairs! 1...
In an earlier article, I’ve listed the typical challenges for home-based forex traders. In this post, I’ll give y’all some tips on how to limit distractions while trading from home. It’s 9:00 pm...
At least once in your trading career, you’ve probably felt the need to take more trades even though you’ve already incurred more than your usual daily losses. In such instances, you often think to yourself that with more trades you will be able to offset your losses for the day...
In trading, it is very easy to get lost in the game. You get on your trading platform, try to get some pips, and in the process you usually forget the most basic risk management practices. Here are five common habits that might help in limiting your risk exposure. 1...
Becoming consistently profitable in forex trading involves making pips, keeping them, and then repeating the process. Unfortunately, it’s not as simple as it sounds. Making successful trades is not just about having a fantastic setup...
Have you ever had one of those days? Your charting software didn’t work just right, your Internet connection was doggedly slow, and you forgot to read up on this week’s latest economic report releases, so you missed all the good opportunities...
The SPX500 is just about to complete a triple top pattern, possibly leading to its biggest leg down since 2008, should GB decide next week to leave the EU. Could become a case of perfect timing...
Analysis : Triangle has broken through the support line at 16-Jun-12:00 2016 GMT. Possible bearish price movement forecast for the next 3 days towards 1.112. Supporting Indicators : Downward sloping Moving Average Resistance Levels...
When you go 258 pips, there may be some profit taking. The USDJPY has moved about 258 pips from the highs and reached this low in the process.(see chart below) There was a healthy correction that saw the price test the earlier low at 104.50 and the 38.2% retracement of the move down at 104.527...
Analysis : Channel Down identified at 15-Jun-04:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.88 within the next 3 days. Supporting Indicators : RSI below 40 Resistance Levels...
