The Heikin Ashi indicator is the “Easy Button” of Forex trading. If you’re smart, this should be a red flag. It would be great if we could use it and win with it. Can we still do that?
“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.
Forex Twitter loves to point out round numbers on currency pairs and label them things like “Psychological Levels” and “Big Figure”. Don’t fall for this.
We’ve all thought about it. A robot to do all the work for us? Perfect! But is it worth it?
They exist, they can move wildly, and they can be very lucrative in the right hands I’m sure. But are we better off trading them or not trading them?
Even after Episode 4 of the Forex Q&A Podcast, there are still apparently a lot of people who are hesitant when it comes to trading volatile currency pairs. Is there anything to be afraid of here?
We need to define these first. What I’m referring to is using a 2:1 or 3:1 Profit to Loss ratio to trade Forex. Meaning, on a 2:1 ratio, if your stop loss is at 80 pips, your take profit level is at 160 pips. It now becomes a morbid race to see […]
Episode 13’s question wasn’t even a question, and may or may not have had anything to do with Forex trading psychology. But if your question is vague, I reserve the right to turn it into whatever I want.
The MACD indicator is one of the most popular indicators in the world. Too bad nobody uses it the right way.
It absolutely is, but only if you understand why.