My Journey into becoming a Forex Trader

My Journey into becoming a Forex Trader
By No Comments

My Journey into Trading for a Living Like most people, I bought into the society & government success formula – get a 9 to 5 job, work hard, get promoted, pay into a Super Fund and your retirement will be financially assured. As we all now know, for the majority, the above does not match reality. […]

3 Trading Principles You Learn in Forex Courses

3 Trading Principles You Learn in Forex Courses
By No Comments

Forex courses provide a valuable learning opportunity for novice traders: participants gain a strong knowledge base of Forex fundamentals, they receive support and mentoring from professional Forex educators, and they’re provided with an opportunity to meet like-minded individuals embarking on currency trading careers. If you’re considering a Forex course, you’re likely wondering: What exactly will […]

Forex Strategy: Why Testing New Systems is so Important

Forex Strategy: Why Testing New Systems is so Important
By No Comments

Whether you’re using a self-developed Forex strategy or a pre-packaged solution, it’s important you test it before putting your capital on the line. Testing not only helps traders become comfortable with the system, but also best determines whether the new system is a reliable winner. It’s no different from test-driving a potential new car. Test-driving […]

5 Benefits of Learning Forex Trading Face-to-Face

5 Benefits of Learning Forex Trading Face-to-Face
By No Comments

When it comes to Forex education, novice traders have a number of options available to them: they can explore the markets through self-paced online workshops, they can read Forex books, or they can take a face-to-face Forex course or Forex workshop. From all of these options, face-to-face courses offer some unique benefits. Firstly, training centres […]

3 Reasons to Consider a Forex Strategy Change

3 Reasons to Consider a Forex Strategy Change
By No Comments

Successful Forex traders are always looking for an edge against the markets, and a proven, profitable Forex strategy is often the key to gaining that advantage. The reason is simple: strategy provides traders with a framework for trading profitably, and once a strategy is in place, the trader can focus on money management, technical analysis […]

Forex Q1 2016 Forecast: 3 Important Factors to Watch

By No Comments

After years of relative stability in the Forex markets, volatility has returned in a big way. The shift has been fuelled in recent months by the U.S. Federal Reserve’s December rate hike, the Chinese economic slowdown, and declining global energy prices. As a result, currency valuations have fluctuated erratically in recent weeks. Will the markets […]

Forex Resolution: 4 Ways to Improve Your Trading in 2016

Forex Resolution: 4 Ways to Improve Your Trading in 2016
By No Comments

There isn’t a more perfect time to adjust and improve your Forex trading strategy than at the start of a new year. You might need to make small changes, or your trading approach might need a complete overhaul. Either way, with the slight break you took from the charts over the holidays, the time to […]

Forex Strategy: Tips for Finding Entry and Exit Points

By One Comment

When’s the best time to enter a trade? If we knew the answer to that question, forex trading would be a lot easier. Unfortunately, the difference between profits and losses is your entry/exit strategy. For example, you might estimate that the value of a currency pair will appreciate, but if you hesitate to enter into […]

Beginner Forex Strategy: 3 Ways to Minimize Trading Risk

Beginner Forex Strategy: 3 Ways to Minimize Trading Risk
By No Comments

The Foreign Exchange Market is extremely volatile, and it’s impossible for day traders to accurately gauge the future direction of the markets. That’s why forex trading can be so high-risk. But fortunately, day traders can and should take steps to minimize their risk. How is it done? First, it pays for beginning traders to learn […]

October Market Overview

October Market Overview
By No Comments

Monthly Currency Trading News $Us Dollar: The month started with Non-Farm Employment Change well below expectations, increased Unemployment Claims with Unemployment Rate remaining at 5.1%. Disappointing ISM non-manufacturing PMI and Trade Balance followed. FOMC minutes indicated the belief that the US recovery is likely to remain insulated from the China slowdown keeping the central bank […]