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Forex Arbitrage 27 Aug 2013 | 03:41 pm
Forex arbitrage is a technique used by traders to make a profit on a forex pair based on the inefficiency of currency pairs. However, in the digital age, traders now have to react very quickly to such...
XAG/USD Update 2 27 Aug 2013 | 03:02 pm
I thought that this pair was worth a second update following on from last week, as this pair has now moved even higher. The setup concerned is the one of the daily chart for the XAG/USD pair, and you ...
Getting a Forex Education 22 Aug 2013 | 03:25 pm
With the forex market being the largest market in the world, with an estimated four trillion (!) dollars being traded every single day – I still find it odd that there are no university courses dedica...
Live Trade Update – XAG/USD 22 Aug 2013 | 01:47 pm
The live trade order that I discussed yesterday on the XAG/USD pair (the pair for silver) has now developed somewhat, and I would like to update you on this right now. Figure 1. If you take a loo...
Why So Many Forex Traders Come and Go 21 Aug 2013 | 03:07 pm
It is often said that only a small percentage (often touted as around 5%) of traders are profitable in the forex markets. That means that the vast majority of traders are losing money. However, many o...
Live Trade – XAG/USD 21 Aug 2013 | 02:28 pm
I currently have a live trade order in on the XAG/USD pairing (the pair for silver and the US dollar), and I would like to talk you through this setup right now. Figure 1. If you take a look at F...
Technical Analysis and Market Psychology 20 Aug 2013 | 02:36 pm
For those of you who are new to the world of trading, there are basically two ways of trading any market – this is by fundamental analysis (making trading decisions based upon things like a company’s ...
Trade Example – GBP/JPY 20 Aug 2013 | 02:16 pm
There was a possible setup on the GBP/JPY pair last night (the pair for the British pound and the Japanese yen), and I would like to briefly talk you through the ins and outs of this setup right now. ...
Private Vs Institutional Trading 19 Aug 2013 | 03:02 pm
If you are interested in forex trading (or indeed any other kind of financial trading), then you might well have looked into getting a job with a trading firm. However, getting such a job is notorious...
Trade Example – EUR/GBP 19 Aug 2013 | 02:17 pm
There is not a lot setting up at the beginning of the new trading week in the forex markets, but there is a good example of a pin bar setup in a bearish trend on the EUR/GBP pair (which is the pair fo...