Avoid the news? Most forex traders I know use charts and technical analysis to make their forex trades, and are taught by so called “gurus” to completely avoid the market when news comes out, and in many cases, to even take off trades before news. My question is, why avoid trading during a period where [...]
Why do traders continue to lose money trading forex despite learning more tools, tips, and tutorials? It’s not like one has to be a genius or have some super trading strategy to achieve forex success. In fact most traders I’ve run into think too much and overcomplicate their strategy. What it really all comes down [...]
I told you that to make money trading forex it’s all about recognizing sentiment and behavior, right? Well, the following is key: The most money to be made is when a “Gestalt Shift” or perceptual shift occurs in the market. I don’t mean to get all “philosophical” on you, but the market is a very social [...]
Wouldn’t it be nice to know that there was a force pushing a currency pair in the upward direction and it wouldn’t matter if you bought on a dip or your bought as price had already started to moving up (i.e. buying low or buying high)? Wouldn’t it be nice to just align yourself to a trend and [...]
