Success With the Pin Bar Setup

The Pin Bar is an easy to spot, objective setup that is consistent and produces a high-win rate. It’s a pure Price Action method: that means there’s no use of indicators beyond the Price Chart. And it is timeless.Definition of a Pin Bar: the body of the Pin Bar is within the top third or bottom third of the entire candle range. (It doesn’t matter if the open is higher than the close for either a bullish or bearish Pin Bar.) Let’s take...

Read More

How to Trade Beyond Your Comfort Zone

A reoccurring theme that we will often see is that Forex traders tend to be too one-dimensional. This is probably because of the fact that they are often sold a bill of goods when it comes to trading currencies. They would hear advertisements that suggest that Forex markets are the best market to trade, and while this is probably true, the fact is that they are not the only markets trade. There are times where it makes more sense to be involved...

Read More

Top Tech Strategies for Today's Markets

While the technical strategy that you choose to use trading Forex will depend heavily upon your personality, there are some general systems that you can use in order to try and deal with the extreme bouts of volatility that we have seen in the marketplace recently.With the debt crisis in Europe, many of the currency pairs around the world have simply bounced back and forth between a "risk on, risk off" type of attitude. Because of this, you...

Read More

Why Most Traders End Up Losing

99.99% of traders start out looking for the best system that will be their holy grail and make them all their millions. Not many people stop to tell these traders (they most likely would not listen anyway) that no matter just how fantastic their system is, they will still most likely come out losing. I have taught a lot of people to trade Forex in recent years and in particular how to trade price action. Some traders I talk to have turned...

Read More

Forex Course: A Quick Forex Guide for Traders

In this Forex course we will review some steps you need to take care before you venture into your trading journey. Most traders venture into the Forex market with little or no experience in the Forex market. This results in painful experiences like loosing most of the risk capital, frustration because it seemed so easy to make money, etc.The first thing you need to realize is that, it is not easy to make money. As every other endeavor in life, where...

Read More

Forex Trading Guide- How to deal with Forex Trading

Buying and selling of different currencies of the world is known as forex trading. Forex or foreign exchange market is the largest trading market in the world. Forex trading market deals with more than US$2 trillion everyday. It has become favorite option for currency traders. Foreign exchange market is extremely different from stock exchange market. Currency trading is always done in pairs like USD/EUR or USD/GBP etc. Forex trading market works...

Read More

5 Things You Must Do If You Want To Attain Financial Freedom Through Forex Trading

With the amazing growth of the forex market, you are going to see an astounding amount of traders lose all their money. Unfortunately, they haven't followed the simple steps I have laid out for you. Go through these steps and give yourself the greatest opportunity to achieve your goals.1. Have Faith In YourselfTo reach the level of elite forex trader, you must trust in yourself and your forex trading education. You must be willing to make all your...

Read More

The Costs Of Trading

You may have relatives or friends who trade the markets. They could be trading shares, futures, options or forex. You may have heard of their exciting trading stories and perhaps this aroused your curiosity and you wondered whether you should trade too. One of the first questions you ask before you trade would be: what are the costs of trading.The costs of trading depend on several factors, including the instrument and market you are trading. Most...

Read More