Search results

Weekly Trading Forecasts on Major Pairs (September 29 – October 3, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The bearish journey of this pair has continued unabated; in a slow and steady manner. In the past several weeks, the market has been breaking one...

Weekly Trading Forecasts on Major Pairs (September 22 - 26, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The bias on the EURUSD is still very bearish irrespective of the shallow rally the market is currently experiencing. In this market, rallies have...

Weekly Trading Forecasts on Major Pairs (September 15 - 19, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The EURUSD has been consolidating recently – neither going upwards nor downwards significantly. A breakout is expected very soon, which may likely be in...

Weekly Trading Forecasts on Major Pairs (September 8 - 12, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The sudden weakness in the EUR has caused this pair to tumble. The pair was already bearish when this happened (it has been bearish since June 2014). On...

The Most Important FACTOR Behind Traders’ Failure – Part 2 “Our mind is our enemy.”– Tom Hougaard Our mind is really our foe, especially when we find it extremely difficult to do what are in our best interest. Doing the right things tends to make us uncomfortable initially, unless we train...

Weekly Trading Forecasts on Major Pairs (September 1 - 5, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair is still currently bearish, but it is forming a base. A base is a kind of consolidation that precedes a breakout. With more weakness in the...

Weekly Trading Forecasts on Major Pairs (August 25 - 29, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair has been able to maintain its bearish bias. In this kind of market, any rallies would proffer opportunities to sell short. Therefore, the current...

The Most Important FACTOR Behind Traders’ Failure – Part 1 “No methodology will work unless you are able to develop the proper mindset to follow it.”– Dave Landry The world of trading is full of things that work and things that don’t work. To be honest, there are many successful traders...

Weekly Trading Forecasts on Major Pairs (August 18 - 22, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair has continued to be weak, though the southward movement has been limited so far. In fact, there is a constant struggle between the bull and the...

What You Need to Know about Strategies Accuracy “Markets change continuously. Therefore, I am constantly searching for trading setups that may improve my trading.” – Christian Lukas One of the most important aspects of a strategy is its accuracy percentage. High accuracy is more preferable...

Weekly Trading Forecasts on Major Pairs (August 11 - 15, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair has been able to continue its slow and steady journey downwards so far. There are occasional shallow rallies in the market – which often...

Weekly Trading Forecasts on Major Pairs (August 4 - 8, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair has been able to continue its southward journey. The price is now going below the resistance line at 1.3400. The resistance line is a war zone...

The Easiest Ways to Turn Losses into Profits “Isn’t the promised reward of greater independence, financial freedom, and life choices worth the risk?” – Louise Bedford Anyone who says trading is easy is telling a lie. Anyone who says success in trading isn’t possible is also...

Weekly Trading Forecasts on Major Pairs (July 28 – August 1, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair has dropped by over 140 pips since last week, testing the support line at 1.3450. The price has tried to bounce upwards from that support...

“The vast majority of "rich" people I've known have accumulated wealth as a result of taking risks, working very hard, and spending and investing their money wisely over time.” – Joe Ross Snake-oil vendors promise you that your account would double every month and you can often win 55...

Weekly Trading Forecasts on Major Pairs (July 21 - 25, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The dominant bias for this week has been the same for last week – it is unchanged. The bearish trend in the market is now particularly strong, and it...

Are Top Athletes Richer than Top Funds Managers? “If you understand this way of thinking – that by taking smart risks you can make money over time – it will improve your willingness to take risks.” What is the answer to the question that forms the topic of this article? The answer...

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish Although the EUR/USD remains a weak pair, the direction on it has not been significantly bearish (neither has the price been able to go upwards significantly). However, this kind if market is great for scalpers and...

A STEP BETWEEN PENURY AND SOLVENCY “Once you take the desire to make money out of your trading and put in the desire to do what good traders do, your mindset shifts and allows you to make more good decisions.” – Craig Cobb Alan* has reached the end of his tether. His handiwork is not...

Weekly Trading Forecasts on Major Pairs (July 7 - 11, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The recent bias on this pair was bullish, but everything has now gone bearish. It is no longer sensible to seek long trades on this pair because it has...