Link: Market Makers & ECN
Link: Market Makers & ECN at FF. Good discussion on Brokers/ECNs. A deep understanding of how the industry works is important so you know what you get into when you select your broker. People who...
View ArticleLink: Learning center @ FXStreet
Link: Learning center @ FXStreet A very comprehensive start up guide for the technical trader. Good explanations for the industry in general, basic terms and the “WHY” of Support/resistance, gaps,...
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AUDUSD Long
Took the trade off bottom of long term support of range. Zoomed into 1hr for first pin bar for entry. E – 1.01759, SL 1.0152
View ArticleBack from holiday
Had a good tour in HK and could be gg back again in short time. Trading wise, had a few orders hitting my SLs during my tour, dropping my equity to about 4%. Things are looking good since then, with my...
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Existing Trades
AUD USD Long, off long term daily support. E – 0.9739, SL 0.9705. AUD CAD Long, off long term daily support. 1st entry – 0.99709, SL 0.9970 (SL moved to 0.9985) 2nd entry – 1.00042, SL 0.9985 limit...
View ArticleWhy do Support and Resistance work, and when they don’t.
Why do support (and Resistance) work? In differing views or explanations, they are: 1) Past major support act as key psychological price zone markers for traders to place their buy orders or get into...
View ArticleLink: Learn to manage Forex Risk
Good post from dailyFX. Learn to manage forex risk. Managing risk is the key job of all traders. Profit will come if the risks are managed properly together with sound trading principles.
View ArticleGuest Post: Forex Trading: An unassailable option to pay off your debt!
By George Alford Forex trading is considered as a feasible option for making money in the long run. You can effortlessly make more money if you trade in the forex market. Therefore, if you make money...
View ArticleLink: Difference between Winners and Losers
Link on Instaforex: Difference between Winners and Losers Alot of the points centers on trading psychology. Trading/market psychology is the cornerstone to all trading decisions, reactions, price...
View ArticleUpdates
Well I haven’t been trading actively for the past few weeks as I’m currently busy with another hobby web development project at www.TheDailyPhotography.com. Do check it out if you love photography and...
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