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Recent Posts
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- Fx commentary EUR/USD January 26, 2012
- Forex EUR/USD commentary January 25, 2012
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- Fx EUR/USD Commentary January 23, 2012
- Forex commentary EUR/USD January 20, 2012
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- EUR/USD Forex commentary January 18, 2012
- Fx EUR/USD commentary January 17, 2012
- Forex commentary EUR/USD January 16, 2012
- Forex EUR/USD commentary January 13, 2012
- Recent Student Trade
- EUR/USD Forex commentary January 12, 2012
- FX commentary EUR/USD January 11, 2012
- Forex commentary EUR/USD January 10, 2012
- FX commentary EUR/USD January 9, 2012
Archives
Category Archives: Old Articles
Learn To Trade Forex With Smart Money Part 3
In this forex trading course series covering how Smart Money (SM) trades in the currency market we have covered quite a bit of information. If you haven’t yet read the first two articles in the series entitled Learning to Trade … Continue reading
Learn To Trade Forex With Smart Money Part 2
In the first article of the series entitled Learn To Trade Forex With Smart Money – Part 1 we talked about how the retail trading sector is setup keep traders losing. We also discussed how this benefits the forex broker, … Continue reading
Posted in Old Articles, Trading Strategies
Tagged currency trading strategy, day trading articles, EUR/CHF, forex broker, forex market, forex mentors, forex trader, forex trading strategies, forex trading strategy, forex trading techniques, learn to trade forex, learning to trade forex with smart money, live forex room
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Channels, Triangles, And Trend Lines – Short Term Day Trading
Day trading channels, triangles, and trend lines has been around for a long time. These are standard chart patterns that many look for, and use in their day to day trading. As a forex trader we are always looking for … Continue reading
Forex Day Trading Strategy – Day Trade Forex Volume
I’m excited to bring everyone our latest forex trading strategy! This day trading system is the culmination of a massive amount of effort. Over the last few months Chad (London Trader) and myself have spent a large amount of time … Continue reading
Posted in Old Articles, Trading Strategies
Tagged Day Trading, day trading room, day trading setup, day trading strategy, day trading system, forex brokers, forex market, forex room, forex system, forex trading room, forex trading strategy, forex volume, learning to trade forex, live forex room, price action
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Breakout Confirmation Entry – Day Trading System
As a general rule of thumb, I never chase a breakout. Over the years I have found chasing breakouts to be a trading strategy that is overall negative. When they workout it can lead to a lot of profit! However … Continue reading
Posted in Old Articles
Tagged breakout strategy, candlestick, Day Trading, day trading setup, day trading strategy, forex day trading, forex education, forex market, forex trading room, forex trading strategy, forex training, fx trading strategy, Old Articles, trading room, trading strategy
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Forex Exhaustion Reversal Setup – Day Trading Strategy
High Risk Reward Day Trading Strategy Before we get into todays forex lesson, we wanted to let you all know, we have changed the live trading room membership fee to to just $299 Per Year. We also offer a 14 … Continue reading
Posted in Old Articles
Tagged day trade, day trader, day trading strategy, forex day trading strategy, forex education, forex market, forex trading article, forex trading strategies, forex trading strategy, forex trading system, forex training, fx traders, fx trading strategy, live forex room, risk/reward
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Using Correlation To Day Trade The Forex Market
Whether you are trading equities, metals, of currency you need to be aware of correlations. Correlation is defined by one source as a, “mutual relation of two or more things, parts, etc”. In the forex market we see this type of “mutual relation” between currency pairs on a … Continue reading
Managing Your Forex Trades – Trailing Stop Losses To Maxamize Profits
It’s been said that anyone can pick an entry, but knowing when to exit is what separates those who are consistently profitable from those who are not. Anyone that day trades in the Fx market knows this all to well. … Continue reading
Forex Trading Strategy – Day Trading Confirmation Entry
Forex Day Trading Strategies – Confirmation Entry In a relatively short period of time most traders new to the forex market will gain the ability to know which direction the market should move overall, but as a forex day trader … Continue reading
The Art of Forex Day Trading
Similar to water, the forex market takes that path of least resistance, flowing if you will from one area of support to another area of resistance. When one force overpowers the other (buyers out number the sellers, or vise versa) the market shift direction, and flows until the same happens at a different price level. Understanding basic support and resistance (S/R) is vital to your forex day trading success or failure. Continue reading
How I Day Trade Forex Successfully
When I first wrote the title to this article it took me a few days to actually think about the content that I was going to put into it. You see trading forex, and especially being a short term day … Continue reading
Learn to Day Trade Forex – Live Forex Education
Learning to Day Trade – Live Forex Day Trading Education When first learning to day trade the forex market no doubt you were full of hopes and dreams. With all the catchy advertising and promises of riches who wouldn’t aspire … Continue reading
Day Trading Stop Run Reversals in Forex
Have you ever felt like your entering the forex market at exactly the wrong time? You see a great day trade setting up and enter, only to see the price almost instantly reverse, stop you out, and then run in the direction of your original forex trade. If that sounds familiar than you have been the victim of what I call a day trading stop run reversal. Market makers, banks, and institutions do not intentionally move the price in this fashion to hurt retail traders, they do so to profit from them. Continue reading
Posted in Old Articles
Tagged currency, day trade, Day Trading, Forex, forex education, forex traders, forex trading strategy, forex training, gbpusd, reversal, stop run, stop run reversal
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A Successful Traders Mindset, Day Trading With An Edge
Its been said that a trade is won or lost before you even enter the market.
How to Trade Forex with Trend lines – 5 Golden Rules
Day Trading Trend Lines – 5 Trend Line Trading Rules – To day trade trend lines profitably I follow a few simple rules. While there are many rules out there, these are but a few that should make any trend line trading strategy more robust when applied properly and accompanied by sound money management.
Forex Entry Signals For Day Trading – When To Enter
Forex Entry Signals – When To Enter
Above all other forex trading strategies, when day trading in the forex market you must have precise entries! With longer time frame forms of trading such as swing trading as well as position trading, entries are not as crucial as the overall direction is. Quite to the contrary day trading, because of the use of tight stop losses does require precise entries. Lets examine two simple techniques that can be used to not only provide quality entries but also tight stop losses and then we will tie both techniques together. Continue reading
Money Management A Day Traders Key to Success
No matter how successful a forex day trading strategy may be, you must practice sound money management to day trade the forex market profitably and more importantly to be around for the “long haul”! Continue reading
1 2 3 Day Trading Forex Reversal Strategy
During the course of any day you will often find many trends within the overall trend. To effectively day trade and thus take advantage of these moves within the large trend, you need to be able to quickly identify changes in short term direction. While you can use many methods to day trade these changes in trend, the “1,2,3″ reversal strategy recognises and provides an entry signal with precision that is rarely matched. Continue reading
Live Trade – Trend Continuation with Candlestick Reversal
Here we have a 5M chart of the GBP/USD. During the day before the current screen shot the Pound increased its gains on the dollar and then after a last high momentum run up was turned around and continued to channel down going into the days London session. As I have talked about in previous articles the forex market is comprised of humans that drive price. Being the large run up in price the previous day no doubt many were taking some profit if not all, as well as some speculating short on the GBP/USD. In terms of supply and demand, the supply outweighted the demand and thus a retracement against the bigger and stronger upmove. However at point #1 there is a clear double bottom formation before our trading session starts, somewhere around 10PM EST. Continue reading
Forex Chart Patterns – Scalping Setups
Chart Patterns -Powerful Scalping Setups – Every market is made up of humans, including the forex market. This fact is often forgotten by many. For every price movement there is a person or group of people that created the move. When you think about this you can gather facts that can be used to trade price action profitably. Noting this fact when you see short term price patterns, this is not only seen by you but by others as well. These traders just like you recognize certain well established scalping setups and time tested chart patterns and thus these patterns become self fulfilling prophecies, and create reliable moves in the market Continue reading
Trading Forex Naked Why Indicators Will Fail You
Trading Forex Naked – Why Indicators Will Fail You – It’s no secret that 95% of all new forex traders will inevitable fail and leave this market after losing some or all their money. What knowledge can we gain from this well know fact? Let’s examine what the common denominator is between those who fail to better use this statistic of the forex market.
When entering this market most traders search for a trading system, do they not? You yourself may have searched for hours for the promise of forex riches. Continue reading
Forex News Sentiment – Pre News Trading
Forex News Sentiment – Pre News Trading – The forex market as well as other markets is a futures driven market. What is meant by a futures market? In short, traders are always looking to determine where the price is going to be in the future, or in this case what the value of a certain countries currency is going to be in the future. This is the principal behind pre new trading using sentiment. Every week and in fact most every day there is some high impact news being release for at least one country. These news releases can determine the direction of a certain currency pair for a few hours to a few days or longer Continue reading
Exponential Moving Averages – The Only Profitable Forex Indicator
Exponential Moving Averages – The Only Profitable Forex Indicator – Over the years I have tried every form of indicator, every system, every gimmick and found the same results….negative ones. That is until I discovered the use of exponential moving averages (EMA’s) in the forex market. It’s no surprise the use of EMA’s fits so well in price action based day trading. EMA’s are simply a “smoothed” representation of the raw price action Continue reading
Reversal Times – Applied To Forex
Reversal Times – Applied To Forex – Often times we forget that the forex market is made up of people; humans who one and all have some measure of fear, greed, fatigue, hunger, as well as many other psychological and physical factors. Applying this to your current trading method is something that can give you an edge. Price reversal times applied to the forex market is a new theory for many, so let’s take a moment to examine it deeper and the psychology and emotions that cause it. Continue reading
Day Trading Forex Economic News Events
Trading Major News Events – Join Me In The Room! – Every month there are upwards of 500 Economic news releases coming out of a variety of countries. However only a select few are worth watching and trading, because only a select few move the market with any consistency. In addition to that knowing how to interpret the numbers is a skill that on your own takes years to master. Through years of watching others, and developing my own strategies I now watch and trade the major news events in a live room where I call my own live trades. Continue reading
Short Term Forex vs. Long Term Forex Trading
Short Term vs. Long Term Trading – In short, traders as a whole can be categorized into 2 distinct groups, short term traders and long term traders. When selecting the style of trading that best fits you, knowing the differences between the two is beneficial. Knowing the positive aspects and conversely the negative to a trading style is very important as well. Continue reading
Scalping Forex Markets – What it’s All About?
Scalping Forex Markets – What it’s All About? Through the years the portrayal of a short term trader, weather in the movies, the news, or other ways, has always been that of a glamorized lifestyle. One filled with excesses in every form of one’s life, and for those that have perfected scalping the Forex market this might hold a ring of truth. But what is involved in this form of trading, and what is it all about? Continue reading
Day Trading Risk Management
Day Trading Risk Management – Risk vs. Reward – Over the years I have seen traders come and go, traders ranging from those just learning the forex market to those that have been in the market for years. The common denominator or factor that lead up to their demise was risk management. You can have a very profitable system or strategy, yet without the proper risk management and the discipline to follow it, eventually it will be what turns what should be a good trader or strategy into one that loses. Continue reading
Day Trading Forex – Keeping it Simple
Day Trading Forex – Keeping it Simple – MACD crosses, Stochastics, RSI, ADX, Bollinger Bands, and the indicator list goes on and on, and the combinations of indicators in the composition of a Forex trading strategy are endless. With a seemingly endless amount of possible strategies and indicators to follow how can you Day Trade the Forex market….simply? Continue reading