So after yet another hiatus from trading forex, I just recently had my first trade in months. It was a successful one also. But the question I want to answer is, “Is this blog dead?” The answer is no. I’ve made a living over the past 3 years ducking in [...]
It’s very important that if you’re exploring forex trading or already trading that you have a trading system. One aspect of that trading system are the actual setup rules which usually contain entry and exit techniques. Traders put a lot of time and effort in developing these setup rules too often neglecting other aspects such [...]
The September issue of Currency Trader Magazine was released today. Some of the highlights include: A look at an advanced carry trade strategy involving the Swiss Franc. The CFTC gains jurisdiction over retail forex fraud. What will drive the forex market in Q4. Yen crosses on the move. U.S. dollar rockets higher, Euro tumbles. China changes forex regulation. The magazine can [...]
I’ve read a lot about how automated forex trading systems just don’t work in the long run but I can’t conclude this from personal experience. I’ve never seriously traded forex using automation. The following is an email from a trader who can conclude this from his experience. I found it totally worth sharing. I came across [...]
This is a question I receive often and unfortunately I can no longer give an honest answer which is the only answer that I ever want to give. This is due to the fact that I haven’t dedicated myself to Rob Booker’s training since 2006 making my experiences outdated. The good [...]
Forex on Top was updated today with the latest traffic rankings for what has now grown to 500 forex websites. Their is no doubt that Google is the best place to search for specific forex content but if you’re looking for websites that you can sink your teeth in, this is the place to [...]
Welcome Ryan, the author of this Forex Project guest post. Ryan trades from a quiet country lake house and helps traders through his blog at http://www.ryanokeefe.com. Does your trading plan encourage you to over trade? Recently I started a survey on my website asking traders to answer this question: “What is holding you back from trading successfully?” Currently the [...]
I’ve received positive and negative feedback from a lot of you who have experienced forex automation. I don’t want to talk about the bad news quite yet. So what’s the good? Unfortunately, the good news mostly involves available API’s for developing your system and brokers that support automation. I haven’t heard of [...]
I’ll assume that you have some knowledge about Forex either from a book or website. I’m not going to give definitions of a pip or explain what a base currency is. There are plenty of places you can find this information. What I want to provide are practical lessons for the beginner, lessons that [...]
I have never traded a forex strategy live using any advanced automated methods. At the most, I’ve placed a limit order. Most, if not all of my experience has been with expert advisors in Metatrader. I realize more than ever that if I could automate my strategies, this may take me to the next level [...]
