Forex Tips – Buy The Dips And Sell The Rally

I bet you have heard of the statement “The Trend Is Your Friend”. From this statement alone, you should understand the importance of trading in the direction of the trend. However, not many people really know how to trade in the direction of the trend. Therefore I decided to write this [...]

Forex Trading Signal Week #8 2010

1) Forex Trading Signal For GBPJPY
Forex Trend Analysis
The EMAs on the weekly chart continues to demonstrate a downtrend. As for the daily chart, the 100 EMA has cut below the 200 EMA and moving closer to the 400 EMA signaling a change in trend from up to down. As for the 4 hour chart, the [...]

Forex Trading Signal Week #7 2010

1) Forex Trading Signal For GBPJPY
Forex Trend Analysis
The trend on the weekly chart continues to be down as the EMAs are all pointing down. As for the daily chart, the faster EMA has cut below the 200 EMA and is looking set to cut below the 400 EMA signalling a downtrend. On the hourly chart, [...]

Forex Trading Signal Week #6 2010

1) Forex Trading Signal For GBPJPY
Forex Trend Analysis
The weekly trend for this curreny pair is still down with the good separation of the EMAs. After going through a period of upward trend on the daily chart, the faster EMA has started to cut below the 200 and 400 EMAs indicating a downtrend.
As for the hourly [...]

Forex Trading Signal Week #5 2010

1) Forex Trading Signal For GBPJPY
Forex Trend Analysis
The overall trend for the GBPJPY currency pair on the weekly chart continues to be in a downtrend with the proper stacking of the EMAs.
On the daily chart, the EMAs are flat signalling a period of consolidation.
On the hourly chart, the EMAs are stacked downwards but the gradient [...]

Forex Trading Signal Week #4 2010

Did you take the EURUSD trade that I have suggested last week. If you had entered 3 lots like me, you should now exit your last lot instead of waiting for the last target because it seems like the 5th Elliot wave pattern has been completed.
If you had followed me with this trade, you would [...]

A Lucky Trader Vs A Discipline Trader

I decided to write this post after receiving an email from one of my blog reader saying he has decided to give up on trading and has closed down his trading account.
In his email, he says that he always has this problem of keeping his profit. He will have a few days of profit where [...]

Forex Pivot Point Trading Strategy

Forex pivot point trading is what some people call “Big Dogs Trading Method“. This is because pivot point is usually used by those traders in the banks and big institutions. As these groups of people make up a large volume of the transactions, they are usually causing the movement in the price.
So what exactly is [...]

The “Revenge” Trading Method

The revenge trading method is one of the easiest trading strategies all traders will definitely know and it has a very high losing accuracy. You did not see wrongly! It is really losing accuracy and not winning accuracy.
Have you ever entered a few lots after you get stopped out by the market hoping to take [...]

Forex Tips You Must Bear In Mind

I have been receiving emails from the readers of my newsletter asking me for forex tips that can help them to become more successful in their trading. Therefore I decided to write a blog post on the some of the forex tips you must bear in mind to become successful in trading.
Here are some of [...]

Forex Trading Plan Setup Tips

If you are scratching your head wandering how to setup your own forex trading plan but you understand the importance of it from forex books that you have read or forex courses that you have attended.
I am going to show you the steps to getting it done as I am also very confuse when it [...]

Forex Money Management For Traders

To be a successful forex trader, it is important for you to understand forex money management to better optimize your profit. I have some friends who are quite successful in forex trading with winning percentage of only 50%. This means that they make 5 losses and 5 wins for every 10 trades they get into, [...]

How To Trade Currency Like A Pro

It is possible for anyone to make a living with forex trading but it is important for all forex traders to be well educated in this area of forex trading. I often met friends who asked me how to trade currency for a living and my answer to them is to get proper training from [...]

4 Currency Trading Basics Tips For The New Traders

Trading currency is one of the most lucrative business today and the best is you are able to make money from anywhere around the world and at anytime as long as you have access to the internet. Currency trading is an electronic marketplace where traders buy and sell currency pair and make money when the [...]

How To Trade Currency For A Living

Hi, I m Kelvin, a full time currency trader.
I have been enjoying my everyday because I live a life of freedom.
I am a currency trader which means that I can make money from any part of the world as long as I have a laptop and access to the internet. Therefore I will like to [...]