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The Cost of Discipline – Part 1 We don’t derive satisfaction from gaining pips only or through some elusive Holy Grail. Disciplined traders get satisfaction from doing what they know is really right, even when they take losses occasionally. Some hate loss to the extent that, if he were a...

Weekly Trading Update (January 14 – 18, 2013) EURUSD Primary trend: Bullish The pair moved up by more than 300 pips last week (January 7 – 11, 2013). All technical indicators that are put on this chart shows bullish confirmation pattern. The bullish scenario is expected to continue...

Weekly Trading Signal (January 9, 2013) CHFJPY: SELL In the past few weeks, the CHFJPY cross was in an overall bullish mode. Just above the price zone of 95.50, and before the price could get to the supply zone of 96.00, further bullish bias was rejected. From this phase, the price nosedived...

Annual Trading Forecasts on Major Pairs (2013) EURUSD Primary trend: Bullish The EURUSD has been in a moderate bullish mode – save for the last bearish week (December 31, 2012 – January 4, 2013). Really the moderate bullish outlook still has much room to go, but there would be some...

What’s So Special About Mark Carney? Mark Joseph Carney is an economic giant who’s now constantly making headlines. Even his critics can’t deny his achievements. Meet the Economic Giant Mark was born in March 16, 1965. He was educated at Francis Xavier High School in Edmonton...

Weekly Trading Signal (December 3, 2013) EURGBP: SELL There is a Bearish Confirmation Pattern on the EURGBP chart as this analysis shows. 2 indicators are used (coupled with price action): the Simple Moving Average (SMA) period 21 and the Relative Strength Index (RSI) period 20. The price...

Annual Trading Reviews on Major Pairs (2012) EURUSD Primary trend: Bullish From January to February 2012, the EURUSD went up. Then it fell by over 1400 pips, i.e. between February and July. Since then the EURUSD has been caught in slow but steady bullish pressure. From July to September...

David Harding: A Triumphant Trend Follower LEARN FROM GENERALS OF THE MARKETS - PART 19 “…In the last all but 15 years I have probably tested more than 500 systems or strategies, but only few of them have made it onto my list.” – Faik Giese David Winton Harding is a brilliant...

The Best Trader in the World “Life itself is a risky enterprise. Sometimes we fly high, enjoying great success. But then suddenly we fall into deep disappointments and the haunting reality of a failure, leaving our hearts wondering if there is anything worth looking forward to.” – Joe...

Daily Trading Forecasts (December 28, 2012) The markets have been able to maintain their major biases this week, except in some cases. It is likely that these biases would continue today, though that does not rule out the possibility of pullbacks or consolidation in the near-term...

Benjamin Graham: The Brain behind Market Giants LEARN FROM GENERALS OF THE MARKETS – PART 9 Benjamin Graham lived from May 8, 1894 until September 21, 1976. He was born in the UK but was taken to the US when he was yet a kid. He graduated from Columbia University when he was twenty years...

Daily Trading Forecasts (December 27, 2012) Following the gaps that occurred yesterday, noteworthy volatility and movements should occur in the markets between today and tomorrow. This view is valid, especially given some important fundamental data coming out of the US today (affecting the...

Currency Markets Review (December 26, 2012) Surprisingly, there formed gaps on some currency pairs and crosses. This means that serious volatility and movements can be anticipated on Thursday and Friday. Whatever has happened today would be the harbinger of the movements for the rest of this...

Tim Knight: Make Fortune Also in Bear Markets LEARN FROM GENERALS OF THE MARKETS - PART 18 “Many times I’ve tried to run away from unpleasant circumstances only to discover that the problem was not the situation I was in but me.” – Julie A. Link Tim Knight is a highly...

Daily Trading Forecasts (December 20, 2012) The markets ran into important distribution territories on Wednesday, and further bullish moves were halted. This could, nevertheless, be transient. Moreover, certain fundamental figures are expected to be released today, like Retail Sales m/m...

Dr. Alexander Elder: Safeguard Your Profits “You can be free. You can live and work anywhere in the world. You can be independent from routine and not answer to anybody.” - Dr. Alexander Elder LEARN FROM GENERALS OF THE MARKETS - PART 17 Dr. Alexander Elder was born in Russia and...

Daily Trading Forecasts (December 19, 2012) Most currency instruments have continued in their biases - significantly. JPY pairs have also continued their northward biases. But at this junction, one would need to apply skill and adeptness, because the markets are now at important resistance...

Daily Trading Forecasts (December 18, 2012) Nearly all JPY pairs (including certain crosses) opened with gaps at the beginning of this trading week. This means that JPY pairs would move significantly this week and probably to the downside, based on the price action that was observed on...

Daily Trading Forecasts (December 17, 2012) The currency instruments trended strongly last week and ended the week as such. This week, the recent trends are expected to continue, irrespective of corrections (pullbacks and rallies in the near-term), which are normal. EURUSD: Last week...

Daily Trading Forecasts (December 14, 2012) This week has been great so far. The currency instruments trend strongly, as pairs and crosses form higher highs and lower highs (lower lows and higher lows in downtrends). These biases could continue; even some pending corrections are...