Now let’s talk about a major aspect of trade management that needs discussing: Whether to scale or not. What the Heck is “Scaling”? Scaling in essence means breaking up your order into separate pieces or “trades” within the dynamic of the entire move you are trading....
Happy New year to everyone. Here is a copy of the analysis I provided to members of my forex mentor program in the members area on the 29th December 2013. Already the Cad has shot off a few 100 pips in the direction I was expecting woohoo! 🙂 unfortunately it missed...
Something a little different for todays post. Below you will find an interesting feature about legendary, multi-millionaire trader, Marty “Pit bull” Schwartz. Mr Schwartz is one of the subjects of the highly successful trading book, Market Wizards by best selling...
This is an example of the analysis I provide to members of my forex mentor pro group before the markets open. I show how, why & which forex pairs I am planning to trade & those to ignore. The goal is that you can learn to do this for yourself. My most...
We rarely promote forex products and never ones that we haven’t tested but recently Omar was showing me the trade manager he uses for mt4 (metatrader4) he has been using it for the last 6 months and I have to say it blew me away. I am technically hopeless and...
Here is a post from resident mentor Omar Eltoukhy where he shows how important fibonacci levels can be when analysing the forex markets. Hey, it’s harder than you think to come up with Fibonacci rhymes. Don’t be too hard on me here 🙂 I wanted to go along...
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Risk Disclosure Statement: Trading currencies on margin involves a high level of risk which may not be suitable for all investors. Leverage can work against you just as easily as it can work for you. Before deciding to trade currencies you should carefully consider your trading and financial objectives, level of experience, and appetite for risk. The possibility exists that you could sustain a loss of some, or possibly all of your trading capital. Therefore, you should not fund a trading account with money that you cannot afford to lose. It is recommended that you seek advice from an accredited financial advisor if you have any doubts as to whether currency trading is right for you. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. Any losses incurred by traders unsuccessful in applying these ideas or methods are the sole responsibility of the trader and not ForexTrainingAcademy.com and its principals, contractors and assigns will be held safe from prosecution in any form.Ok
