I’ve often been asked whether trading psychology is really important for a forex newbie or if it’s an overrated concept. Here’s what I think.
What goes up must come down! Thanks to a fakeout on USD/JPY and a triggered stop loss on GBP/USD, the HLHB capped the week a few pips in the red. Boo!
Decided to manually close my USD/CAD short position after the BOC surprises traders with dovish commentary on the economy at their latest monetary policy meeting.
While it’s important to know how and when to enter a trade, it’s equally crucial to know when to exit. Here are points you should consider.
It’s FriYAY, yo! See if you can get last-minute pips from trading EUR/AUD’s range and CAD/JPY’s uptrend!
Five wins and just one loss on this trading strategy for the week! Read on to see how many pips the latest positions bagged.
Whattup, forex brothas! Today we’re lookin’ at a hot support opportunity on NZD/JPY and a mid-range situation on EUR/CAD’s chart. Check them out!
Both pairs I’m watching on this mech system caught decent signals for the week and ended up with pretty good wins. Take a look!
Closed out my short-term short position in GBP/CAD as the fundamental picture changed quickly for this pair. Here’s a quick review.
You can’t improve what you don’t measure! Here are stats to keep track of if you want to easily identify points for improvement in your trading performance.
It’s all about currency crosses on today’s canvas, as we play around with potential Fibonacci retracement setups on GBP/NZD and CHF/JPY’s charts. Which do you think will yield more pips?
Cryptocurrencies are still lookin’ mighty fine these days, possibly drawing more bullish energy on these short-term pullbacks. Check out these charts yo!
Checking out the range on EUR/AUD ahead of top tier catalysts from both Australia and Europe this week.
Downbeat economic reports from the U.K. seem to be boosting BOE rate cut hopes, possibly leading to a reversal from this pair’s climb.
The man who never makes a mistake always takes orders from one who does.Daisy Bates