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This is the result from last weeks analysis by mentors at my forex mentor program. Experienced forex trader & trainer, Pierre Du Plessis shared his analysis at the beginning of the week, followed by updates in the members only forum. Here he reviews what happened,...
In the previous article I showed you how important it is to only take trades where there is at the chance of winning at least twice the amount that you stake. If you missed the article CLICK HERE This is crucial in becoming a successful trader. One skill is teh...
Hi, in talking with “one to one” students in recent weeks it becomes apparent to me that folks need to concentrate far more on calculating their risk reward ratios before placing trades. If you were going to bet on a horse race you would be a fool to risk $1 to $1...
Our resident mentor Rich Friesen shows you how to let your winners run & cut your losers short. This is KEY to becoming a successful trader. Richard Friesen, a trader from the floors of the Chicago Board of Trade, the Chicago Mercantile Exchange and the options...
What Texas Hold Em' Can Teach Us About Trading & Forex; Great article by our resident forex mentor & keen poker player, Omar Eltoukhy. We often tell you that if the markets are flat but you need excitement then take up poker or some other past time for FUN....
So, how's this for fun?? We have several weeks of completely garbage markets because of the US govt. shutdown......then they get it "resolved" and we get our normal first week's news at the end of the month of October. Happy Halloween!! This week of news made for...
This is a copy of the analysis I provided to members of my forex mentor group before the markets opened on Sunday 27th October. There had been big moves the previous week and inexperienced traders will have been looking to jump in to trades now. I cautioned against...
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 candlestick...