After my first two weeks of March Trading Forex, I am up 3.6 %. My two EUR positions carried over from last month almost immediately lost me 2.2% (from start of the month), so not a great start to the month. Since then I have effectively (two positions I stepped into with three... Read More

This video shows a great example of how wild and random price action can be on Non Farm Payroll Friday. I’ve used the EUR USD for this example. One correction to what I stated in the video (it’s 4:30 and I’ve only had one coffee), when interest rates rise (or... Read More

As I talk about my Forex trading activity to friends and family, occasionally I do get asked questions on how to start Forex trading. I tried Forex trading for the first time few years ago, tried to work everything out myself, and eventually lost my whole account, coming to the... Read More

This is a great example of where using the moving averages of higher time frames when Forex trading is useful. This example shows on a four hour chart where I shorted the EUR AUD, and I placed my stop  just above the weekly 55 EMA. The market went against me, but couldn’t... Read More

In February I started trading with a live account. I made 6 trades, the first four all losing, with a total loss of 2.5%. In the last two weeks of Feb I made 2 trades, shorting the EUR USD. These are both still open and are currently up 9.4 So for all 6 trades i am up 7.4%. I... Read More

in my first two weeks of Feb I made 4 trades, all losing, the total loss being 2.5%.In the last two weeks of Feb I made 2 trades, shorting the EUR USD. These are both still open and are currently up 9.4%. With all my trades I am only risking between 0.5% and 1%. Read More

This is the best video I have seen so far explaining the Option Greeks, and how they affect the option price. I know I need to really understand this to become a profitable options trader.    Read More

  When trading Forex, it is really important to be aware of Forex news coming out which may affect your trade. A great example of this happened this morning. The EUR AUD had broken a support and the 4 Hr bar had closed below it. But when I checked the news I could see AUD... Read More