Is Forex Trading Gambling ?

Is Forex Trading Gambling ?

By Pierre DuPlessis on December 5, 2014 – Pierre is one of the mentors at our low cost training website: www.forexmentorpro.com Morning all, Hope you are all well. My computers are still in the shop for that repairs and I might get them back this afternoon, so...
Trading decisions in 3D!

Trading decisions in 3D!

The Growing Gulf :  The US v Global Gloom   This week gave us perhaps the starkest picture of the growing contrasts between the ongoing struggles in the Eurozone to the impressive and unexpected upturn in US economic recovery seen Friday in the non farm numbers. Of...
Why You Can’t Trade Without This

Why You Can’t Trade Without This

Like a lot of Forex traders, I started out with a technical approach to my trading. Learnt a method or two, spent a few hundred dollars on ‘systems’ that never really worked for me. Each time I at least learnt a new indicator but I kept abandoning the method and...
Student Jeff’s Analysis & 900 Pip Trade

Student Jeff’s Analysis & 900 Pip Trade

Jeff is a member of our pro traders academy : Fotis Trading Academy Like many people he has been trading for a lot of years with limited success. This week (after joining us in the summer) he has banked over 900 pips on his best ever trade (best by a LONG way). These...
Forex Fundamentals, Why You Need Them

Forex Fundamentals, Why You Need Them

 Black Gold Yes, it was all about oil as we knew at the beginning of the week. The Opec meeting in Vienna sparked speculation, saw analysts evenly split on their predictions, Russian interference, Saudi hints and then finally the meeting. And the result? A huge...
Trading decisions in 3D!

Forex Midweek Tip, Take a Break!

Of course the market is waiting with baited breath for the outcome of the Opec meeting in Vienna tomorrow. The US  is now on holiday for two days so it is a strange trading week and not a time to be opening positions. The Outlook For Oil Opec is a price-fixer, a...