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There is an excellent question posed by some of the people who come in to my trading program and in effect buy all my info and strategies in one go plus a one on one session where I attempt […]
There is only 1 forex ebook I endorse at present. And the reasons for that are that it educates traders to learn how to trade for themselves in the real world.
Chances are that you’ve fallen victim to the promise of some kind of technical indicator system or expert advisor “set and forget” forex system that […]
I promised you a while back that I’d provide a video of a trade I made … and its taken me a while I realise to follow through but nonetheless I have sent a username and password to access this online currency trading video for you via my blog announcement list.
If you want to see […]
GBP/USD after a splendid downmove seems to have found consolidation with the 38% retracement level of the move having held about 2-3 times now. This market is rangebound at the moment and further confirmation is required for a reversal back up towards 2.0165 then 2.0200. Cable has tested 2.0070 which was the low of the […]
Hi forex traders,
Thank you for visiting my forex blog again. I just got back from a freakin’ awesome forex holiday (paid for by forex trading). I even treated myself to a trip to Alton Towers where I took a vertical drop rollercoaster to “Oblivion” - 5 times. It was that or see what was happening […]
Yesterday, I stated I would be looking to enter the market at 2.0225 on the GBP/USD because of the support there. I mentioned that it was important to look for an entry pattern on the 4 hourly chart due to a) the fact there was further downside potential to about 2.0195 and b) It is […]
Ok, you’ve read my forex blog, you’ve joined my forex training program, may be you bought the courses individually too, and you just can’t get yourself to do the work…but you want to place a trade.
It pains me to be making this post, but the fact is people don’t want to do the little work […]
My trading for the week is over except for my [Chicago PMI-tec] “test” which members of my ezine know about… (see http://www.fasttrackforex.com) or sign up on the right of this blog.
I want to explain to you why I went long in cable this morning and how I made my 10 pips. Actually I made 13 […]
Below is a picture of what I would call a “triple top” (first grey circle). In forex trading of Japanese Candlesticks, the triple top is not so strong a signal as the double top, but nonetheless the one in the diagram is a good one. Notice how the price hits the resistance first once, then […]
Moving Average crosses in forex refer to the crossing over of a short term and longer term period moving average on a given chart.
This is supposed to signal an entry when combined with other lagging indicators. Either that or the price crossing.
What I have found with using moving average crossovers on shorter term timeframes using […]
