This is a precis of one of the best forex books I have read & deals specifically with the biggest problems most of you are having, especially dare I say it? mindset & Discipline Trading in The Zone By Mark Douglas. Notes supplemented by Josh Duesterbeck...
Oh great another post about candle stick formations. Which one now Omar?? The “multiverse-reversal-with-a-flip formation??” The internet is chocked full of blogs, sites and training courses that include a well-known approach to market analysis using...
When I started trading forex back in 2002, like most novice, home based forex traders I was actually gambling. I have never gambled in my life nor had any interest in doing so BUT I had soon developed all the bad habits of someone with a gambling habit. If you would...
This is Omar Eltoukhy’s update from his Weekly Forex Analysis Even though its not been easy trading He & I both caught 45+ Pips from the Aud TWICE & after this video was made there was a similar amount of profit on the Aud/Jpy – both trades were...
So there you are……you’ve done your homework……and taken the trade. You found a great spot for entry, all signals were go, and you entered the market. Within a few minutes of getting in the market though, you find yourself in drawdown....
I had yet another email today from a new member of my mentor group who is blowing up forex accounts due to bad management and unrealistic goals. He was 30%+ in profit in a week and then lost the lot by the end of it! Unfortunately its not an unusual story and I think...
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