Many of the best traders began their careers on a frustrating note, experiencing the same difficulties most of us go through. Trading is a process that can take years to master. Much of the learning consists of governing one’s psychological state and deciphering between high and low-probability situations. Any trader worth their salt will tell … Continue reading Trading Confluence: a High-Probability Approach
Formed by two of the largest currencies in circulation, the EUR (Euro)/USD (United States dollar) currency pair continues to be one of the most actively traded assets in the world. Currently, the Euro ranks second behind the US dollar in regard to global liquidity. Given that the unit is made up of two of the … Continue reading The EUR/USD
Do you remember the first time that you came across the financial markets, or more specifically, forex trading? Unless you had a keen interest in economics, it’s highly likely that you were almost immediately drawn to technical analysis (T.A). Those attractively colourful indicators, pin-point accurate support/resistance lines and rumours of other technical traders trading for … Continue reading Including Fundamental Analysis In Your Trading
We understand that this is a perfectly natural question, especially for newer traders. Unfortunately, it is difficult to answer. To a degree, we believe it depends on the person who is doing the asking. With that in mind, let’s have a look at some of the key points relating to this subject… Time Learning to … Continue reading How long will it take before I can expect consistency?
Mistakes happen. This is a part of life. More importantly, it’s how we learn and progress. Mistakes in the trading business, however, can be costly. In addition to this, it can also discourage newer traders, eventually forcing them to throw in the towel. To help shorten the learning curve, we’ve come up with a brief … Continue reading Common forex trading mistakes