An Emotional Cheat Sheet for a Forex Trader
When it comes to trading the Forex market, it’s no secret that you need to keep your emotions in check. Today, we’re going to take you through how you can identify the emotions that are effecting your trading decisions, so …
What’s GBPCAD Going to do Here?
G’day Traders, I hope you all had an awesome weekend! As shown in the weekly chart below, it looks as though something is on the horizon for GBPCAD as price lingers around some pretty heavy resistance. We’re presented with two …
What’s an Edge and How do I Get One in Forex?
It shouldn’t come as any surprise to anyone that if you want to win in forex trading, then you need to have an edge. But what exactly is an edge? Trading System Edge First, you have to have a forex …
Risk Management and Forex
Risk Management & Forex In Forex trading, risk management can be the difference between the survival and sudden death of your account. Even if you have one of the most robust trading strategies, it’s still likely to fail without proper …
Possible Inverse Head and Shoulders on the Kiwi
Happy Friday Traders! I’ve been watching this chart for a while now and it looks as if we’re soon approaching decision time for NZD/USD. As shown on the daily chart below, the Kiwi / US pair is displaying a potential …
Three Critical Mistakes New Forex Traders Make
When first embarking on your journey into the forex world you’re quickly faced with the reality that making a quick buck isn’t going to be as easy as you initially thought. There are several mistakes that new traders make without …
What’s our old friend GOLD up to?
Happy Friday traders, It’s been a shaky several days across the indexes lately, but what’s our old friend GOLD up to? Let’s take a look at a weekly chart. XAUUSD Weekly: After breaking out of our downtrend line last year …
Forex Trading Signals in MT4
Becoming a successful FOREX trader can be a tough journey and it can take years of dedication to achieve even a modest profit. So why not leverage the skills of others who have a proven track record by trading off …
The Nuts and Bolts of MT5
Even though it’s been on the market for some time now, I never really jumped in and had a good look at the MetaTrader 5 platform. So, 8 years after its release, I thought it was about time I had …
Possible bear flag forming in NZDUSD
Good morning traders, We’re presented with a potential short setup in NZDUSD. Consider the 4 hour chart of NZDUSD below: As you can see in the chart above, price has recently broke out of a short term uptrend. While this …
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