Ever reached that point where you just wanted to throw your hands up in the air and give up on your forex trading plan? Before you do, make sure you're not guilty of these things.
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It was all about risk aversion during the morning London session as the bad Thursday U.S. session for risk bulls spilled over into today's forex trading.
Buried among the top-tier economic headlines this week is news of Argentina's debt default. Is this another financial crisis in the making?
Greetings, earthlings! Here are my grades for the Amazing Crossover System based on my framework for mechanical system review.
Start the new trading month right by checking out these short-term forex plays on EUR/USD, AUD/USD, and USD/JPY!
Last week, I mentioned that I was looking at EUR/NZD for a potential swing trade. Price is already moving inside my target entry area so I decided to figure out my trade details.
With a lot of euro-related economic events on tap, I'm looking at a possible retracement opportunity on EUR/USD. Here's my setup!
Since my stop adjustment last week, EUR/CAD moved into an area on the chart that invalidated the trade & closed me out. Here's my forex review.
If thinking is the process of asking and answering questions to make good forex trading decisions, you better make 'em good questions, right?
Looks like sentiment is shifting for the Pound, & with the Greenback finding support, I'm switching my focus to a different forex opportunity.
Correcting lower in minor wave (c) of 2; with scope to 1.0615, but targeting to 1.0683 (61.8% retrace).
Why did the NFA decide to prohibit the funding of forex accounts through credit cards? Should you be concerned?
Unfortunately I took one loss today, but considering how choppy the market was, the Cowabunga System kept me from losing any unnecessary pips. See how it all went down in today's Cowabunga Surf Report.