I am just curious... I wonder how traders look like after the trade. Maybe all traders look the same with that serious face and the unapproachable facial reaction, that even little creatures can't come closer to them. I am not saying this to ...

Trading Thoughts Compiled

Humor in trading I read a lot of forex forums and read some of them. Most forums that I read speaks about the way they trade, when to trade and how much money is needed in the trade. Forex trade is a serious business, since it speaks about money. ...

Trading Thoughts Compiled

I have no been paying attention to cable for some time now. What happened last trading session it took a big hit! I thought at first it was euro strengthing (eurgbp) but then realized euro didnt make up taht much ground against USD and other ...

Cable Update (GBPUSD)

So, let's take the example of Iraq, businesses in this country is been affected by wars, which is also affects the whole economy of the country. The economy is not stable, so that affects the market power of their currency. Comparing it to country ...

Trading Thoughts Compiled

Fundamental Analysis 2 weeks ago, I wrote something about the two types of analysis. The technical analysis and fundamental analysis. But now I am going to focus my blog about fundamental analysis. We're going to discover the deep essence of ...

Trading Thoughts Compiled

thanks for the positive feedback!!

Trading Thoughts Compiled

unfortunately i dont think there are such things as sure indicators... but to point you in the right direction you can try long term (daily) MACD reversals. those work relatively consistently especially if you can qualify it with some other ...

Trading Thoughts Compiled

* Scalping – Scalpers are very short-term traders, usually in and out of trades within seconds. Most forex brokers discourage this type of trading. It’s also extremely dangerous due the high number of lots required to make a decent profit off a ...

Trading Thoughts Compiled

What kind of trader am I? This is one of many questions being asked when traders evaluate themselves. To determine this concern, we can identify different trading personalities by time frame. Take a look at these different styles and see which one ...

Trading Thoughts Compiled

High leverage is a favorite selling point for MOST forex brokers. Yes, they pitch that you can make a huge killing using huge leverage, but know that you could easily be killed by huge leverage as well. If you want to give yourself the best chance ...

Trading Thoughts Compiled

Leverage is a very powerful tool that both old and new traders use to destroy their trading capital, it is because they take too lightly its destructive force or ignore it altogether. It is a pity, but the more of them, the easier it is for smart ...

Trading Thoughts Compiled

Getting to know Leverage Before introducing mr. Leverage to you guys, let us first define. The textbook definition of “leverage” is having the ability to control a large amount of money using none or very little of your own money and borrowing the ...

Trading Thoughts Compiled

If you can make your living by trading without a plan, people will bow down and hail you as the Master of the Forex. BUT remember, successful traders achieve their goals because of their good plan. So, be wise, before acting, think first and create ...

Trading Thoughts Compiled

The point here is that you can fill your mind with plenty of information, but without a good trading plan and the discipline to stick to it, you will NEVER be profitable. Think of it that having a trading plan is a map to your success. It will be a ...

Trading Thoughts Compiled

"If you fail to plan, you plan to fail" This is an important statement that a trader should always remember. To have a plan is a very big thing in the world of business; this is what a business-minded people always depend to. Because without plan, ...

Trading Thoughts Compiled

Many traders used all sorts of complicated combination of technical indicators with fanciful line and charts. Well it might work for them if they're comfortable looking at it and could interpret them accurately. But for others, it simply blows their ...

Trading Thoughts Compiled

Well, in fact, only 5% of traders made it in forex. So, it is really impossible to obtain success in the highly volatile market of forex? So, how many traders do make it in forex? One hard fact about why many people failed in forex is that many ...

Trading Thoughts Compiled

What is the Best Forex Strategy? As time pass by, forex trading have became known that its not surprising to see that many individuals are trading forex. Many are trying to go after what is the best forex strategy to apply in their trade. Forex had ...

Trading Thoughts Compiled

An excellent way to help you with your self-assessment is to keep a trading journal. It will help to analyze your thought processes after the trade, and identify your strengths and weaknesses in trading. Understanding your personality is one thing, ...

Trading Thoughts Compiled

In order for you to figure out how to trade, you must first uncover your own trading personality because trading personality will determine the trading style and method that’s compatible for you. Trading is not like a t-shirt. There is no ...

Trading Thoughts Compiled