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Weekly Trading Forecasts on Major Pairs (June 30 – July 4, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair is now in an uptrend, though the movement is tardy and shaky. The price has been very volatile as the bulls and the bears fight for...

The Most Important Goal in Trading “Being profitable in the long run with trading, and all investing for that matter, is about cutting losses and letting profits run. Although it’s a hearsay thing of ages, statistical expectancy actually proofs the saying mathematical. It’s not about...

Weekly Trading Forecasts on Major Pairs (June 23 - 27, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bullish Within the last few weeks, the EUR/USD broke below the support line at 1.3550, but it was unable to stay below it. Eventually, the price rose seriously...

Support System: Traders’ Lifeline “I knew that it was a golden opportunity and that I had screwed it up. I swore to learn everything I could to achieve complete mastery in this field [trading].” There are crucial factors that contribute to the trader’s permanent success in the...

Weekly Trading Forecasts on Major Pairs (June 16 - 20, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish In a slow and tardy manner, this pair has been trending downwards. The movement is tardy because consolidation phases can be perceived in the market; yet...

I’d appreciate an answer to this question: Is it possible to trade binary option on Meta Trader 4 or Meta Trader 5? I know those platforms can be used to trade commodities, Forex and stocks, but what about binary options? Do brokers who offer binary options allow them to be traded on MT4 or...

Weekly Trading Forecasts on Major Pairs (June 9 - 13, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This pair recently managed to test the support line at 1.3500 (or the price almost touched the support line). The movement of the price around the support...

Weekly Trading Forecasts on Major Pairs (June 2 - 6, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This market has been moving downwards in a slow and tardy manner. Since early May 2014, the downward move that begun has taken the market down by over 380...

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The dominant bias on the EUR/USD has been bearish for most part of this month. However, the adamant and obdurate support line at 1.3650 has been a major headache to the bears. As a result of this, the southward journey...

I Can’t Win Trading Competitions “We’ve seen plenty of traders over the years make huge returns on their accounts, well over 1000 per cent in a relatively short period of time, but as soon as they hit a drawdown period they just as quickly give it all back. This is because they were...

Weekly Trading Forecasts on Major Pairs (May 19 - 23, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bearish This currency trading instrument has been bearish since last week. From a high of 1.3993, the price dropped by over 340 pips, reaching the support line at...

The Blatant Realities of Trading – Part 2 “I’m a breakout trader, and I’ll tell you, over time I have had to learn over and over again to resist the temptation: “This thing is going to go up, I need to get in before it breaks out of this pattern.” - Peter Brandt Facing the...

Learn from the Generals of the Markets “If I tell you how I would manage that [$100,000,000] now, I would no longer have a competitive edge.” – Perry Kaufman No matter what your trading results have been in the past, trading remains one of the best ways to the ultimate attainment of...

Weekly Trading Forecasts on Major Pairs (May 12 – 16, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bullish The dominant bullish bias still exists in this market, but it is seriously under threat. The price attempt to reach the resistance line at 1.4000...

Weekly Trading Forecasts on Major Pairs (April 5 – 9, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bullish In order to generate optimal profits, some tact is required in handling the market. This is a bull market but the bias is not very strong. The tug of war...

The Blatant Realities of Trading – Part 1 “You’re battling your fear, your greed, your hope. All those human emotions are your challenge.” Forex trading is as rewarding as it’s challenging. For those who’ve mastered the art of trading, it’s an unlimited ATM machine. However...

Weekly Trading Forecasts on Major Pairs (April 28 – May 2, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Neutral The overall bias on the EURUSD is neutral because the market has been in an equilibrium phase for about two weeks. While there is currently no...

The risk-to-reward of 1 to 2 – a magic ratio THE IDEAL POSITIVE EXPECTANCY “It is especially in short-term trading, with a wealth of trading signals, that consistent trading in the overall trend direction pays off.” – Arne and Falk Elsner One of the big factors in trading...

Weekly Trading Forecasts on Major Pairs (April 21 - 25, 2014) Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This market has been moving sideways for days without going in a directional move. However, the bullish bias is still valid because the price has been...

What Would Happen Next to the EURUSD? “It is not so important to be right, but how to make money when you are right.” – Ivan Hoff I remember what happened at one interesting trading conference I attended about 5 months ago. It was an interesting conference indeed. At one stage, the...