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.
To have the best MACD Strategy, you have to realize what you’re dealing with here. The MACD indicator is one of the most popular indicators in the world. But nobody uses it the right way. Let’s put a proper MACD strategy together by using the best parts of it and ignoring the […]
It absolutely is, but only if you understand why.
Trend indicators are easy to find. A good one is not. There are ways to narrow down the search however to find those diamonds in the rough.
There is one area of your Forex journal you need to pay attention to more than any other. And I’ll bet you don’t know what it is.
Forex Risk Management is the single most important thing to master. But it’s also a broad topic. Let’s narrow it down and give you something you can actually use right now.
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.
The battle is on! Paid Forex indicators vs free Forex indicators. In the red corner, from somewhere in Southern Europe I’m sure, we have Marco!! Marco makes indicators, shows examples where they work awesome, and then tries to sell them to you. And in the blue corner, from………fuck it let’s just […]