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A few weeks ago Omar Eltoukhy showed you this excellent, reliable & best of all, low cost visual trading console & trade manager for metatrader 4. The trade manager is awesome. You can preset stops, move stops to entry, take off profit in stages, add to...
Do You Think at Winning Forex Is a Magic Trick? You Shouldn't......... Before we go any further, make sure the kids aren't reading this because I may have to resort to killing Santa Claus before the article is over if it comes to that 🙂 ! Now that I have shattered...
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....
Hi, our forex robot test pilot and expert Omar Eltoukhy has been trading and using forex robots (sometimes know as forex expert advisers or ea's) for many years. He has tested and binned over a 100 forex robots in that time and there are very few that pass his due...
Our algorithmic trading & ea specialist Omar Eltoukhy has posted his mini review of a very interesting piece of software whose verified accounts suggest that it made 202% account growth last year with less than 7% drawdown. If its true then these are truly...
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...
Here are some words of wisdom from a long term member of my forex mentor program, Stephen Cole. Steve has been trading for over 5 years now. He is from a tech background and has tested loads of different programs and strategies, his conclusion: I thought I’d venture a...
Competing in the congested Forex market - like competing in any sphere of life - is a discipline. It is a discipline that requires not just a knowledge and appreciation of what you are doing, but an innate psychological mastery; an ability to conquer fear, greed and,...
This is a post from ex hedge fund trader & senior analyst Fotis Papatheofanous, originally posted in the members area of our www.forexmentorpro.com membership site: Hello my friends! You must have heard it all over the news, the last couple of days, that the FED...