Forex Trading - Are Trading Forums Worth Your Time?

Are trading forums worth your time? Yes and no. (Terribly indecisive answer, I know :-) Let me explain. It depends on how you use them.

W D Gann - Made Millions Trading What Can You Learn From Him?

Gann died in the fifties yet his legacy lives on and traders all around the world use his unique methods to gain a trading edge. When you enter the New York Stock Exchange his standing is confirmed among traders by the life size portrait that greets you. So what can you learn from him.

Forex Currency Trading Systems - Buy or Develop Your Own?

As they say currency markets don't get much sleep and how could they when they have to handle trillion of dollars everyday. Yes, currency trading is by far the biggest and perhaps the most interesting investment market in the world. In the past years, making use of mechanical currency trading systems has really picked up. These currency trading systems actually allow traders to analyze and predict movements in the markets.

Four Things A Wise Forex Trader Should Always Consider

You should aim to be a wise forex trader, with the right techniques, more than simply spending your time willing you could guess the future.

How are Currency Values Determined?

In Currency Exchange, there are many factors affecting a currency's value. We look at ten factors influencing the rate of currency values and exchange.

Forex Money Management – How To Place Stops and Maximize Profits

Many traders are right about market direction enter a trade and then get stopped out then see it go onto make thousands or tens of thousands of dollars and there not in. Welcome to the world of forex trading. The fact is placing stops is in my view the hardest part of trading. Let's look at it in more detail.

Consistency In Risk Control

Over the past week we’ve discussed the importance of applying consistency to your trading, and we’ve identified 3 key areas that really require your attention. First, we talked about how important it is to be consistent in how you approach the markets, and that it’s important not to be oscillating between trading systems and technical indicators, forever in search of the Holy Grail. Next, we focused on the importance of consistent execution of your trading plan, without hesitation, when a viable opportunity does present itself.

Day Trading System – 3 Reasons You Will Lose Your Equity Quickly

There is no better way to lose your money quickly than to use a day trading system. Forget the hype and look at the reality of why the odds are stacked firmly against you. Here are the 3 reasons why and a better forex trading system to use.

Forex is Like a Casino - Playing Too Much Can Be Painful

Forex can make you a lot of money with moderate risk but it will become like a casino and the odds will turn against you if you play too often!

What is Forex Technical Trading?

Just as you would expect with anyone trading in equities, investors in the Forex market employ strategies to help them invest more successfully. All of these strategies ultimately boil down to one thing: trying to predict which way the currency exchange rates will fluctuate. Predict correctly, up or down, and make a profit while we all know what happens when we are incorrect.

Jumping Into Forex? - Jumping Off a Cliff!

It is very, very simple: the Forex market can help make all your dreams come true, or it can become a total nightmare and bleed you dry.

Forex Trading – The Risk and Perils of Currency Trading

You will often read about the advantages of currency trading but you will rarely see the risk of currency trading mentioned, yet 90 percent of currency traders lose. This article will look at the risks of currency trading and why this creates a vast majority of losing traders who wipe out their equity.

Chart Formations - A Dynamite One For Big Profits

If you are a technical trader you want reliable chart formations that give you high odds trading opportunities. Here we will look at a set up that can give you trades with low risk and high reward.

FOREX Trading - 5 Common Novice Trading Mistakes

In forex trading the odds are that 90% of traders lose. While forex trading looks simple it is not and if you want to join the winning minority don’t make these common mistakes. Here are your mistakes to avoid in no particular order of importance.

Trading Opportunities - In The US Dollar Shaping Up Right Now

Here we are going to look at two trading opportunities last week we banked a great profit in the British Pound. This week we are going to look at the US Dollar V British Pound and Japanese Yen. Lets look at these two set ups and simple method to profit from them.