One thing I do when I am analyzing charts and looking for trades is put on a movie in the background while I work. Heck, blockbuster will even give you a free month if you use a blockbuster promo code when you sign up. Netflix and Blockbuster are cheap options for getting alot of [...]
If you’re looking for an easy to understand overview of currency (FOREX) trading:
FOREX Guide
There it is. That will get you started.
Most traders will tell you to trade a real live account to get started in Forex.
Don’t. Don’t. Don’t.
Before diving into Forex you need to learn patterns. You need to learn account management. You need to learn the eb and flow of the market.
Best Demo Account
If you really want to get started trading forex, you need [...]
Trading forex can be boring. WTF? Are you serious?
Honestly, if you trade during a down time when no one else is trading…well, nothing really happens. The real action takes place during the top 4 “forex sessions” as listed below. The US session is usually the hottest of the bunch, but if its a big news [...]
Trading forex in the pacific time zone can be challenging for someone looking to trade as a profession. All those damn important fed meeting all take place on the east coast! What’s so great about the east coast? I don’t know, I’m yet to be convinced.
So what’s a west coast trader to do?
First off, you [...]
1. You can trade at 3am in your boxers
2. You can double your money in a day
3. You can lose all your money in a day
4. You can make a month’s of wages in a good hour of trading
5. Flashing Lights. Enough said.
6. You now wish you’d paid more attention to those boring lectures about [...]
The EUR/USD pair continues its climb towards the psychological barrier at 1.40. Will the thing ever drop? With the fed looking like they are going to cut rates, I’d bank on buying dips and riding the trend. Remember, the trend is your friend. The trend is your friend. Stay tuned…
diclaimer: if you ever listen to [...]
I traded off and on with forex.com (a Gain Capital division) for over 2 years. I had a love/hate relationship with them and I’ll delve into my experience with them in this article.
Forex.com - good, bad, or evil?
Forex.com has some very attractive features. Their demo accounts are easy to open and their trading platform is [...]
Forex trading can be a harmonious affair and at the next moment it can turn chaotic. It can be similar to watching the movement of a herd of deer. When the herd is attacked by a predator, they seem to move in all directions. Now if you were to place a bet on whether they [...]
There are three bases, which can be extremely handy for currency traders and are easy to implement. They are listed below and you can take advantage of these 3 bases to maximize your advantage.
The first base states that it is quite useful for some Forex traders to trade with a currency pair everyday at the [...]