EURUSD Forecast 1.08600, Gold To 1600? + Weekly Recap
Complimentary Live Session, Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to our FREE live session. We will recap how our trades went this week and why they were taken. We took around 7 trades, with our only loss being USDCHF which was stopped out by a unscheduled news release. We made around 240-250 pips…
U.S. China Trade War Update, EURUSD Forecast, XAUUSD Dropping from 1550 + More
Complimentary Live Session, Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome back Traders to another live session. Last night during the London session, China dropped a bombshell by saying that they would like to work out a deal with the US in their ongoing trade war. This caused USD strength and CHF & JPY…
Pound GBP Still Weak, CHF Swiss Franc is Safe Haven as Trade War Continues
Complimentary Live Session, Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome back traders to another live session. Last night GBPCAD brought in an additional +100 pips of profit. We finally have EURUSD on the way to 1.10700.
Yesterday, we took GBPUSD longs, but because of the price action I decided to exit…
US Dollar Index - Technical and Fundamental Analysis Update
Forex Education, Forex Trading Analysis, Forex Trading Blog, Live Trading Room, News, Technical AnalysisIt’s been a while since we last took a look at the US Dollar Index (DXY), so I thought it was time we analyzed the USDX technically and fundamentally. As I’ve stated countless times on my blog posts, there are two sides to every Forex trade.…
Why are Interest Rates so Important to a Currency?
Forex Education, Forex Trading BlogNovice Forex traders soon start to learn that in addition to technical analysis, fundamental analysis is a huge driver of a currency’s strength. If you haven’t read my previous blog post on Technical vs Fundamental Analysis, check it out…
Why You'll Never Make Money In Forex
Forex Education, Forex Trading Blog, Technical AnalysisIn this article, we have outlined 3 reasons why you will NEVER make money in Forex. You've probably heard the saying that goes, "90% of traders lose 90% of their capital in the first 90 days." Well sadly, it's true.
However... If you…
How to use Forex Signals as a Tool?
Forex Education, Forex Trading Blog, Technical AnalysisEven though I preach every trader to strive to become an independent trader, it’s a much easier thing to say than do. Everyone needs to start somewhere, right? Some start their Forex career blowing multiple accounts, entering a mentorship…
The Advantages and Disadvantages of Trading Forex as Opposed to Stocks
Forex Education, Forex Trading BlogMany newcomers to forex trading are either beginner traders or traders who are transitioning from traditional stocks trading to Forex trading. These individuals are always inquire about the advantages and disadvantages of trading Forex.
For…
Top 3 Most Important Aspects of Technical Analysis
Forex Education, Technical AnalysisIn today’s blog post I will be going over (briefly) the top 3 most important aspects of technical analysis. The topics covered today need to be mastered before you make an attempt to learn more advanced TA, or place a trade on a live account.…
Trading Psychology - Something That Isn’t Talked About Enough
Forex Education, Forex Trading BlogTrading psychology is so important, yet it's one of the least talked about aspects of forex trading. We feel it is one of the most important thing to master in any financial trading. You can master technical and fundamental analysis, but if…