Hey everyone! I hope trading is going well for you all. In this recent trade update we are going to wrap up last month and then get into the trade
Tag "forex traders"
Today we had the intensely awaited speech from Ben Bernake. Forex traders everywhere were waiting on the words “QE3” and they didn’t get it. Once this happened we saw equities
Hey guys and gals….hope every one’s trading day went alright. Very strange day for us in the forex trading room this today. Half of the 6 pairs we watch were
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.
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.
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.