The higher your odds, the more you make. So explain to me why you wouldn’t want to up your odds as high as possible?
Forex Core Concepts
Market volume and volatility go up, and they go down. Sometimes they go down and stay down. We’re trend traders, we need volume. We’re no longer getting what we need. What changes do we have to make now? How To Know For Sure I gave away a tool in the […]
If only news events in Forex didn’t exist, and weren’t there to screw up our technical trades. But they do, and we need to plan accordingly.
You’ve been told Forex sentiment is important. You’ve been told it’s important to pay attention to it. This is one of the reasons why you lose.
If you’re a trend trader like we are, you need volume in the marketplace, and you need it badly. If you know how to determine if enough of it is there for you to make a good trade, you can move mountains.
“Fundamental Analysis is a key part of Forex trading”. Ummm, no it’s not. In fact, it gets in your way, eats up your time, and makes you lose more than you should. You disagree? Read up.
It absolutely is, but only if you understand why.
Ask any so-called expert what the best Forex pairs to trade are, and you’ll get the worst possible answer. They will almost always say things like EUR/USD, USD/JPY, and GBP/USD. They couldn’t be more wrong, and that advice could not be more harmful to your trading.
“Buy Low, Sell High” is one of the worst pieces of advice you could ever give to a Forex trader. How come?
Question #3 on the Forex Q&A Podcast is a very common one. “Which is the best time frame to trade Forex? I want the best chance of winning.” — Thomas, Netherlands There are lots of factors that go into whether or not your trade “wins”, but selecting the best time frame is […]