It boils down to education. How many traders do you know understand basic concepts of Economics? Not many! Capital market investing should be looked upon as the same as the Medical or Legal field. It takes years of study and practice to hone in ...

Why do most traders lose money in the market?

Yeah, and that is what I'm anticipating ... a break below support. Anticipating more failure on EUR in the upcoming week resulting in more more shorts. In any case, I have my eye on 1.2600 as a possible bear target, which is a very minor support ...

EURUSD

Waiting for a break or bounce off 1.2850 support level, based off the weekly. I know confirmation will not happen this week so I'll be looking towards how price reacts to this support level next week. url Sitting on the sideline until then.

EURUSD

Twitter! Follow the right traders and news organizations and you'll get All the Time streaming forex news in your Twitter timeline. Also, don't forget about Stocktwits. Stocktwits is Twitter for traders and investors.

good currency news websites

It all depends on your conscience. I personally do not see you (me, or anyone for that matter) as a "bad person" for profiting off someones tragic situation. People praise doctors and lawyers, yet those are both considered noble professions that ...

Are Traders bad people?

Hey, save what funds you've got. Close the position and take the loss. One of the primal rules of trading: Keep losses small.

EURUSD

This is what I see on the #daily. Why traders need to use caution here on 1.4300. url [CHART]

EURUSD

$EURUSD url #daily-anticipated #bear target 1.4000 [CHART]

EURUSD

I agree, the market cares only about Order Flow (i.e big banks moving the market). Nothing else matters. Wanna be rich? Learn to read the tape.

The market never cared about your moving average or candlestick analysis

You've got to do your own due diligence if you want to be a broker. You must be Series Before you even think about the white labeling/platform, you and/or your company must licensed. You'll need to take the Series 3 and Series 34 exams. Both exams ...

I'm going to be a market maker with the IBFX white-label

Too many pairs for me to trade. I'm a strong believer in becoming an expert in one and only one pair.

Does anyone trade more than 10 currency pairs?

GBP & USD on Bank Holiday today. Don't expect much movement in the market during the US session.

EURUSD

I use Android with Interactive Brokers for trade execution and ProRealtime mobile for charts.

Does anybody check charts and trade on iPhone or other smart phone?

NZD/USD AUD/USD EUR/NZD EUR/AUD EUR/CAD GBP/NZD I fancy NZD and AUD pairs as they're the strongest G8 pairs with the highest Interest Rates. Put NZD and AUD against other low interest currencies can benefit and profit greatly. The only problem with ...

If you had to trade only six pairs what would they be?

I use Sprint WiMAX 4G (unlimited) almost exclusively these days. I've taken my trading and web surfing mobile with the use of my notebook and my Android phone. I use to have DSL connected to dual monitor setup but felt, it wasn't my way of trading. ...

Mobile broadband advice for trading away from home?

Same here! My mornings are too usually filled with errands and low impact workout.

Poll: When do Forex Traders (YOU) wake up?

So, you've been trading almost a decade and you're still struggling with this?

Trading Styles

I'm an End of Day trader. My trading day starts at the end of NY session. I spend no more than 10 minutes going over the market and placing stop/limit order in anticipation of what may occur during the next 24 hours. From there, close my trading ...

Poll: When do Forex Traders (YOU) wake up?

I couldn't have said it better myself!

The Moment Of Victory

That feeling of euphoria after making a little off the market is temporary. Give it time, the market will do something to take that security blanket you call an edge, rip it to shreds, in proving the point that you do not have a strong grasp on the ...

The Moment Of Victory