Posts

EURUSD ECB ANALYSIS, GBPUSD TECHNICAL ANALYSIS, GOLD FORECAST + MORE - 09/12/2019

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In today's live session, we start off by speaking about the #ECB Monetary Police Release and the effects it had on our trades that we had taken. In short, the #ECB is set to cut the interest rates another 10bps, from -0.40% to -0.50%. Our…

FOREX 300+ PIP PROFIT WEEK RECAP + MARKET OUTLOOK FOR NEXT WEEK - 09/06/2019

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NFP Week is OVER. Thank goodness. Not to say that this week wasn't profitable, it was (+303 pips), it was just draining to keep track of all the fundamentals and to find setups that weren't going to be affected. Nonetheless, this week was…

EURUSD FORECAST, US AND CHINA TRADE WAR UPDATE, GOLD DROPPING FROM 1550 + MORE - 08/29/2018

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Welcome back Traders to another live session. Last night during the London session, China dropped a bombshell by saying that they would like to work out a deal with the US in their ongoing trade war. This caused USD strength and CHF & JPY…

Why are Interest Rates so Important to a Currency?

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Novice Forex traders soon start to learn that in addition to technical analysis, fundamental analysis is a huge driver of a currency’s strength. If you haven’t read my previous blog post on Technical vs Fundamental Analysis, check it out…

Why You'll Never Make Money In Forex

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You've heard the whole thing about how 90 - 95% of traders lose money, and only 5 - 10% are profitable. That’s great and all (or not great), but why is this the case? In this article, we'll outline 3 reasons why YOU will NEVER make any money…

How to use Forex Signals as a Tool?

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Even though I preach every trader to strive to become an independent trader, it’s a much easier thing to say than do. Everyone needs to start somewhere, right? Some start their Forex career blowing multiple accounts, entering a mentorship…

The Advantages and Disadvantages of Trading Forex as Opposed to Stocks

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Many newcomers to forex trading are either beginner traders or traders who are transitioning from traditional stocks trading to Forex trading. These individuals are always inquire about the advantages and disadvantages of trading Forex. For…

Top 3 Most Important Aspects of Technical Analysis

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In today’s blog post I will be going over (briefly) the top 3 most important aspects of technical analysis. The topics covered today need to be mastered before you make an attempt to learn more advanced TA, or place a trade on a live account.…

Trading Psychology - Something That Isn’t Talked About Enough

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Trading psychology is so important, yet it's one of the least talked about aspects of forex trading. We feel it is one of the most important thing to master in any financial trading. You can master technical and fundamental analysis, but if…

The Top 3 Trading Patterns You Should Use

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If you have followed our TradingView, you would have realized by now that we like to keep our charts simple and only use a few tools from the technical analysis toolbox. One of our favorite tools is the use of patterns. Trading with patterns…