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...
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...
Forex Midweek Tip, Take a Break!

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...
Forex Midweek Tip, Take a Break!

How To Trade AND Profit like a Pro

Well the week started out predictably enough, not that we can ever describe the market as predictable. There was a lot of sideways movement,  waiting to see that the FOMC had to say in the minutes of their last meeting released on Wednesday afternoon. It was on...
Forex Midweek Tip, Take a Break!

Global Macro Forex Tips

It is only midweek and it’s been non-stop on the news desk. Every week it seems we are deluged with information and data that can easily overwhelm to the point of not knowing what is important to our trading decisions and what is not. One thing all traders know...