We’re trend traders. We want to trade with the trend. So then how do we handle currency pairs that are in a counter trend? How do we even define a counter trend? Let’s talk.
Blog
Scaling In (Podcast Episode 25)
You’re winning a trade, and it’s trending beautifully. You want a bigger part of this. Is there a way to leverage up here?
Forex Volume – We Need It
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.
When To Trade Forex – Does It Matter? (Podcast Episode 23)
Followers of No Nonsense Forex know we trade the Daily chart, and we use indicators to make our entries. We also know I personally prefer to trade 20 minutes before the close of the daily candle. Does this mean you have to?
Handling Losing Streaks (Podcast Episode 22)
They will happen, and they will happen a lot. How you deal with these ultimately determines your future as a Forex trader.
Forex Backtesting – Step By Step (Podcast Episode 21)
This is how to backtest an indicator based on the No Nonsense Forex method of trading. This post is a response to all of the questions coming in on how to properly backtest all of the new indicators that listeners of the Forex Q&A Podcast have been discovering.
Forex Fibonacci Strategy – Just Don’t Do It
Most Forex Fibonacci strategies sound good at the very beginning. “Get in on the trend at a discounted price” Well frick yeah, where can I do that? “See, there are these repeating numbers that occur in nature. By using these patterns, we can better decide where price is going to retrace […]
Monthly Returns In Forex – You’re Doing It Wrong (Podcast Episode 20)
If you gave yourself a monthly returns goal in Forex trading, you would self-sabotage yourself into the ground. Talking about monthly returns is glamorous and all, but it’s never something a real trader should have. Let’s talk about why in Episode 20 of the Forex Q&A Podcast.
Forex Money Management – Scaling Out Is A Must
So your trade is winning, now what? What you do right now determines the strength of your overall money management. The strength of your overall money management determines how high or low your account goes. Listen up.
Comdolls – Using Oil and Gold to Trade Forex (Podcast Episode 19)
Is the price of oil and/or gold an early indication for what might happen in the CAD or AUD? What about the Nikkei and the USD/JPY? It would be nice to know this in advance, no?