Managing Emotions In Trading

It is certainly not news when I say that emotion is counter-productive when it comes to trading. However, we are all humans, and it is usually a constant struggle to control our emotions. They are there to stay, hence the topic of this article relates to managing those emotions. I refer both to the negative, and also Read more »

GBPUSD In An Important Zone

GBPUSD is at the moment in a very important zone and both long term as well as Intra-day traders will be holding back their trades and wait for GBPUSD to break out in any direction. GBPUSD is currently trapped between long term and medium term […] Read more »

GBPUSD Seems To Target 1.5825 Level

GBPUSD has broken below an important support level of 1.6000 level. It seems that currently GBPUSD to setting itself for a move towards 1.5825 level and we might also find GBPUSD breaking the 1.5825 level and then target 1.5755 level. The 1.5755 level is also […] Read more »

GBPUSD: 1.5800 Beckoning

It is still early to say that Gbpusd weekly support at 1.5990 is breached. However, signs of increased weakness are becoming evident. For instance, a look at the 4hr chart will reveal a strong bearish close below 1.5990 for the first time since the weekly right shoulder was breached back in early February. We are now seeing a tentative retest Read more »

Using Moving Averages To Trade Forex

Overview: Moving Average is a basic mathematical tool that can be used even as stand-alone indicator to trade in the markets but if you mix it up with some other indicators, it can be quite a useful tool. As the name suggests it is the […] Read more »

XAGUSD/Silver Technical Outlook

I quite recently became interested in Xag/Usd/Silver. As a trend trader, it really is the perfect instrument to trade, as the manner in which it trends is second to none! My aim in trading Silver is to get in on a decent enough retracement to be able to hold it for the longer-term until the next major correction takes place. We saw a slight correction in the enormous uptrend several weeks ago when 26.30s got tested before quickly being rejected. The more recent retracement ended at only the .618% retracement of the 31. Read more »

The Market Has Changed!…What Should I Do??

The Forex market is susceptible to changes taking place world-wide, whether it relates to the state of economies, instability due to political tension, or the type of extremely unfortunate natural disasters which shook Japan. During this period, the market reacts and we as traders are more vulnerable than ever. In order to stay sharp, and not fall victim to the market, we need to adapt. Adapting requires flexibility on our part in being able to adjust Read more »