How to Limit Forex Trading Losses

July 31, 2017

The classic mindset that new forex traders get into markets for, is to make money. If we’re all honest, that’s why everyone is here and there isn’t a problem with that mindset per se. The problem occurs when making profits …

AUD/USD at 80c Psychological Round Number Level

July 31, 2017

We know classic support and resistance forms where price has seen a reaction somewhere in the past, but traders want to look forward for EXPECTED support/resistance. Traders use forward looking support/resistance targets such as pivot points, average daily ranges or …

Plan These Three Aspects to Trade Forex Profitably

July 28, 2017

If you want to become a profitable forex trader, then you need to make sure you have a plan in place around the following three aspects: Risk management, a trading strategy and the ability to handle your emotions. Forex Trading …

USD/CAD Retraces the Entire Daily Bullish Channel Rally

July 28, 2017

Good morning, USD traders have been riding the Janet Yellen wave, with the USDX consistently getting clobbered day after day since peaking at the turn of the new year. Nowhere has this broad USD weakness been felt more than in …

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