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Trading Insights

System Review: Simple System32

Although I am still new to the culture of humanoids, I understand the concept of promises well enough to keep mine. As I promised last week, I give you my verdict on the Simple System32 based on the Robopip Standard for Mechanical Systems.

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Addressing Trading Boredom

The PlayStation 3, the iPad, and all sorts of devices were invented to keep us entertained at all times because to some, there’s nothing worse than being bored. But did you know that boredom may actually be good for your trading?

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Day Trade Short on Cable – No Trade

Good afternoon forex friends! I left my open orders to short Cable on past Wednesday’s trading session as I thought the setup was still valid, but maybe a little early. Today, Cable pulled back as hoped, but it looks like Dollar bulls are way too strong…

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Trade Lesson: USD/CHF

Today I am sharing with you a short, three video series that explains, step-by-step, a recent trade in the USD/CHF. It’s less about the trade itself and more about how I identified the opportunity and the environment it was setting up within.

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GBP/USD: Severely Oversold?

“Curl your hair, while the iron is hot.” That’s one of my philosophies in life. I missed out on a couple of good moves yesterday but today will be different. I see a very promising setup on GBP/USD and there’s no way I’m missing out on the opportunity to make pips. Ladies, gentlemen, and monster, I present to you one of my most aggressive trades so far…

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Becoming wealthy and successful isn’t simply about being right all the time. It’s about how much you win when you are right as well as how much you lose when you are wrong.Larry Hite