When geopolitical or financial distress shocks the world, the FX market acts in a similar fashion. Here's a quick walkthrough of common patterns.
The question is, which Central Bank will be the first to end their support for their economy in the form of QE.
The first good habit that every trader should focus on is building a trading system based on objective entries with a well-defined edge.
Trading is a risk-based activity. Risk means that the outcome is uncertain and there is always a probability of incurring a loss.
Learn why you should see every trade set-up as unique and that you should emotionally divorce one trade from the next.
Emotional Discipline can not be learned in the classroom. Even traders with systems must have discipline to stick with their edge. Heres how you can.
Trading is easy, but it isn't simple. The ease is do to the fact that price can either go up or down and you can either buy or sell. Trading isn't simple
So begins a new series to help you understand, navigate, and trade the often over-saturated yet still mysterious Forex market. Of course, the market place has
This series is kicking off on the mind-set that limits most traders from success. Personally speaking, adjusting my view on the habit of being right vs. making
"Leverage can't turn a bad invetment good, but it can turn a good one bad" -James Montier This series is working on the habits, both good and bad, that