Forex Weekly Forecast From Winners Edge Trading

This is a technical analysis that is designed to help traders identify the daily trend before starting trading for the week. This forex video analysis covers all of the majors to include the Eur/Usd, Gbp/usd, Eur/Jpy, Usd/Jpy, Gbp/jpy, Usd/Chf, Aud/Usd and the Usd/Cad. This analysis is an opinion only and the trend can change at any time. Read more »

Forex Education Video: Buy and Sell Setups

This is a video instruction on using price action to identify buy and sell setups. One key point is that it is important to first identify the current trend and then look for the entry points going with the direction of the trend. Trading using price action is a great tool that can be used to find accurate trading positions. Read more »

Set A Goal, Then Reward Yourself

I have things that I want and goals to achieve just like you do I am sure. I want to be a great trader and I want all the tools to make me a great trader. In trading and in life it is important that you set goals so that you are able to measure your progress. I have always set goals in my life and it has helped me achieve many plans and I now set goals for everything. However I just learned about the concept of rewarding myself for achieving those goals from my friend Michael Storm. Read more »

Eur/Usd: Descending Fast, When Will The Bleeding Stop?

Every day this week the Eur/Usd was hitting new lows and it appears we are in a straight free fall. To answer the question when will the bleeding stop we have a couple of support areas at the 1.3823 area which was close to the close now. Other areas where we has support where we could see stalling is the 1.3400 1.3500 areas. Read more »

Educational Forex Video: How To Set A Profit Target

The last video I posted was how to set a stop loss which brought many questions on how to set a profit target. I have been answering the readers questions so if you would like me to do a video just send me a comment or email and I will gladly get one together for you. The forex market can be challenging so I hope these videos are helpful to newer or beginning traders and also helpful for more seasoned traders that are struggling to become profitable. Read more »

Some Examples Of How You Can Trade Forex Breakouts

Trading breakouts is undoubtedly one of the most effective ways of trading the currency markets. It works because the masses will often act upon these breakouts, and therefore as a result each breakout will often move even further in the required direction. So how you can successfully trade these breakouts yourself? Read more »

Eur/Usd: Consolidating, Waiting For A Breakout

The price on the Eur/Usd is in a consolidation pattern waiting for a breakout. The sentiment is that the pair will break the 1.4000 level soon. The pair has been offering some support at the 1.4000 level and has not broken south of that line. However there has not been much strength at all in the pair and the Dollar is strong right now in all verses all the pairs. Read more »

Educational Video: How To Place Stop Loss Order

Today I received an email from a reader that asked how to place a stop loss. I think that is a great question and I decided to do a short video to help him understand how to place your stop so that you can have good trades without much risk. Read more »

Getting Started With Forex

So many people want to jump right into the deep end when they begin Forex trading. I know I did. What you need to do, however hard it may be, is force yourself to start small. Be careful. Plan each step of your journey carefully before you put any of your hard earned and harder parted with money into Forex. If I had just listened to this advice when I started...well, you might not be reading this today! Read more »

Forex Weekly Pre-Trading Video

I am going to do an overview on how I think all of the major pairs that I trade will do for the week. This will give you an idea of how to look for trades this week. It is important to start out with the right mindset and to try to find trades that are in line with the trend. Read more »