Major Economic Events in Forex Trading

Major Economic Events in Forex: Economic indicators are closely watched in the investment world, their release can have an immediate and volatile effect on the forex market. There are three main types of indicators; leading, coincident, and lagging. Leading indicators...

Why Use Forex Price Action Analysis?

I have tried about every trading method you can imagine, and after all the frustration, time, and money that I wasted earlier in my career, I ended up realizing that the best way to trade any market is just by analyzing a ‘naked’ price chart. When I say ‘naked price...

Why Forex is the Best Market to Trade

1. Forex is the largest financial market in the world. The Forex market has daily volume of over $3 trillion per day, dwarfing volume in the equity and future markets combined. Such a huge amount of daily volume allows for excellent price stability in most market...

Forex Trading Psychology 101

You may have heard of the “3 M’s” of trading; Mind, Money and Method. In this lesson, we are going to discuss the first M, the mind. Trading psychology is a critically important topic for traders to learn about early in their trading journey, because if you don’t...

Forex Trading Failure – Why Most Traders Fail

Most aspiring Forex traders unfortunately do not ever achieve the success they desire when starting out. There are a number of psychological errors at work here that contribute to failure in the forex market. This article will focus on one of the primary psychological...

My Trading Journey: Full-Time Forex Trading

In this article, I will give you a brief overview of my trading journey and where I am today as a result. Before we get started, I just want to get “real” with you for a minute by telling you that trading is not a “get rich quick” scheme nor is there any “magic...

Why Most Traders Fail at Forex Trading

Why Traders Fail at Forex Trading  While there can be a number of reasons why most traders fail at forex trading, they mainly are a result of poor self-discipline which leads to risking too much, over trading, trading with money one can’t afford to lose, not demo...