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Yearly Trading Forecasts on Major Pairs (2015) Here’s the market outlook for the year 2015: EURUSD Long-term trend: Bearish This pair trended southward for most of last year. In May 2014, price topped at 1.3993 and since then, it started moving south (a movement of around 1890 pips). Last...

Weekly Trading Forecasts on Major Pairs (December 29, 2014 – January 2, 2015) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD trended downwards last week, closing below the resistance line at 1.2200. Since the recent bullish attempt was rejected at the...

Weekly Trading Forecasts on Major Pairs (December 22 - 26, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair tested the resistance line at 1.2550 before further upward movement was rejected. From that resistance line, price went down by over 300 pips...

Weekly Trading Forecasts on Major Pairs (December 15 - 19, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This market moved upwards by over 210 pips this week, after testing the support line at 1.2250. All indication points to the fact that short trades are no...

Are looking for a trading opportunity? “Active trading requires increased mental capacity. But your IQ doesn't need to break the bank. You can increase your mental capacity through practice.”– Joe Ross Traders often check the markets to look for trading opportunities. When a discipline...

Weekly Trading Forecasts on Major Pairs (December 8 - 12, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This is a weak market, and the broke below the line at 1.2400 (which is now a resistance line) led to the strengthening of the bearish bias as price went...

A Simple but Effective Relative Strength Index/Bollinger Bands Strategy “I am adhering to a positive expectancy model and prudent rules of risk management, therefore I have confidence in taking each and every trading signal.” The Relative Strength Index (RSI) – which has many uses - is a...

Weekly Trading Forecasts on Major Pairs (December 1 - 5, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair showcases a seriously struggle between the bull and the bear, as price remains volatile. The bull is making attempt to push price upwards but now...

Weekly Trading Forecasts on Major Pairs (November 24 - 28, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The hope of the EURUSD going seriously bullish in this month has been dashed. The price broke down through one support line and another, as the forlorn...

Being Grateful as Traders “Education is incredibly important for traders. Traders should look to educate themselves as much as they can along their trading journey.”– James Hughes In USA, Thanksgiving Day is around the corner. Thanksgiving Day is a national holiday celebrated primarily in...

“Learn From the Generals of the Markets” – Almost Free Copies Now Available In a recent interview in TRADERS’ magazine (November 2014), Ian Cassel says: “Always surround yourself with people that are better than you. Your friends have far greater influence over your future than you think. If...

Weekly Trading Forecasts on Major Pairs (November 17 - 21, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The outlook on this pair remains bearish, but it is now in a precarious condition. There was a significant bullish effort on Friday, and the bearish...

Weekly Trading Forecasts on Major Pairs (November 10 - 14, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The outlook on the EURUSD remains bearish as the market dropped below the support line at 1.2400. Since then, the market has bounced upwards a little...

Emotions that differentiate between losers and winners “After placing the orders, we leave the rest to the market forces.” – Sam Evans Good traders make a new trade regardless of the outcome of the last trade. However, rookies often allow irrational emotions to guide their actions when they...

Weekly Trading Forecasts on Major Pairs (October 27 - 31, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This is a weak market, and the current shallow rally is another opportunity to go short. This week, there is a possibility that the price would go south...

I want to learn Forex but there are hindrances "When you're in love with a market, it shows...in your trading account."- Old Trader It’s no longer news that Forex markets are full of opportunities. Sure, there are challenges, but once you learn what it takes to overcome those challenges and...

Weekly Trading Forecasts on Major Pairs (October 20 - 24, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bullish The major determinant of the direction of the EUR/USD (including most other USD pairs) is the USD itself. As a result of the weakness in the USD, the...

Weekly Trading Forecasts on Major Pairs (October 13 - 17, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish Recently, this pair made some commendable effort to rally, but the Greenback is still very determined to continue showcasing its strength. The attempted...

Weekly Trading Forecasts on Major Pairs (October 6 - 10, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The EUR is now one of the weakest currencies among the majors, while the USD is the strongest currency among the majors. Hence, the EURUSD dropped sharply...

Defense is Better than Attack in Trading “Defensive strategic trading clearly is more successful in the long run than you might think! There will always be people who briefly achieve huge returns using daring maneuvers, but in the long term the strategist with an approach based on sound...