Trading Price Action Using Your Intuition

Trading Price Action  is truly a game of “gut feel”  ” trading strategy” and “price action charts” The market is one giant poker game, and not only do you need a good knowledge of the game itself, one must learn to read the emotion of all the players at the poker table. As a price action forex trader, I can only offer my personal trading insights and the things I have picked up over the...

Think of Forex Trading as a Business

Many forex traders lose their shirt and this is mainly because they are not really prepared to put the time and study into their day to day trading activities.  The concept of Trading and investing in the forex market is like any other business, what you get out of it is relative to what you put into it. In other businesses you find a market, you learn a skill or develop a product, and then develop...

How to Become Successful at Forex Trading

Most people’s experience in the Forex Market is relatively short and in no way profitable. They hear about the currency market and think it is an easy way to make a lot of money in a very short space of time. Now, I am not saying this can’t be done, because for some this is true, but for the majority it’s certainly not the case. Let me explain in more detail … In the early stages of most FX trader’s...

Tips For Newbies - How to start your forex trading career.

Tips For Newbies - How to start your forex trading career. Trading the forex market can be a very rich and rewarding experience for those who start from a solid foundation. For those that jump in head first with no previous training and no pre-defined plan to trade the forex market, disaster is only a trade a way. I mean that in the most literal sense because if you have no trading plan and no real...

The truth about Forex and Futures Trading

Introduction: I’m not a self confessed market guru, nor am I an expert when it comes to written communication and education. I am however quite the expert at understanding price action and devising trading systems and methods. I am successful, not only at trading money, but at helping people improve their trading. The sole reason I succeed in the markets is because I am patient and I trade setups...

Major Economic Events in Forex Trading

Major Economic Events in Forex TradingPosted on November 14th, 2009Major Economic Events in Forex: Economic indicators are closely watched in the investment world, their release can have an immediate and volatile effect on the forex market. There are three main types of indicators; leading, coincident, and lagging. Leading indicators are believed to change in advance of changes in the economy, which...

How to become a full time forex trader

Becoming A full Time Trader -Developing Forex Systems - Nial Fuller You only need to master one trading setup to be a consistently profitable trader. Screen time will allow you to master one setup. After you have mastered one setup “own it” you can add another setup. This can be an ongoing process developing your own style. The best setup to begin with is the one that you see and understand easiest....

Forex Fundamental Analysis Article

Basics of  Forex fundamentals That forex analysis is a basic part of any trading method is accepted and understood by everyone. The usefulness of technical analysis for the determination of entry and exit points is also recognized by most traders. It is a pity that the other branch of forex analysis, the fundamental study of currency markets, is neglected by a significant number of beginners,...

Why Use Forex Price Action Analysis ?

Why Trade Forex with Price Action? The forex market is a highly liquid and sometimes fast moving market that lends itself wonderfully to the trading method of price action analysis. Price action analysis is the identification and implementation of specific price action signals or setups in the market you are trading. Forex is a great market to use price action analysis on because it is open 24 hours...