You may remember from last weeks post on small time frames that I recently surveyed hundreds of Forex traders. It has taken me months to collect and analyse all the data but it was worth it. With the data I was able to identify many of the things that profitable traders share; from time frames […]
How happy would you be if you could reduce bad trades, spend less time trading and make more profit? You would love it! But what stops you from trading less and winning more is something that most traders do wrong. I call it the “baby time frame syndrome” Forex Profitability Chart Below is the chart […]
Hey Guys, This Sunday (2012-05-06) EUR/USD opened at 1.3011, 71 pips below last weeks close of 1.3082. This is the largest weekend gap on EUR/USD since November 25th 2011. Whenever the Forex market opens with a large gap I get a barrage of emails about gap trading in Forex. The conventional wisdom in Forex is […]
Are you sick and tired of self-proclaimed trading experts (internet marketers) telling you how easy it is to make money from Forex? You know that Forex is not easy. The problem is that most sites wont tell you how hard Forex can be. In fact most sites say Forex is easy. Most Forex websites do […]
Profitable Forex trading requires a plan Before I give you my five tips for better trading, you need to know one important thing… … If you do not have a trading, risk, and money management plan. You may as well quit trading today. If you want to be a successful trader, you must have proper […]
I first wrote this blog post all the way back in 2012. Since then, trading range bounces has remained one of the best setups in price action trading. The win rate of range trading is the best out of almost all setups that I use with price action. That can be true for you as […]
I have been given a copy of the Pro version of Trade Vantage to review. I still believe that Trade Vantage is overpriced, falsely advertised and that nobody should buy it. However, I do admit there are some errors in the video below. I will be doing a final video update with a full and […]
Hey Guys, Today I received a bunch of emails from Trade Vantage, a new site claiming to be selling an artificial intelligence based trading robot. After taking a look around the site I noticed something suspicious about the trading software. In the video below I explain exactly what I noticed and why you might want […]
Over the last three weeks I have been asked ‘why do your 4hr charts look different to mine?’ over twenty times. In this post I am going to explain why 4hr charts can look different from broker to broker. Forex Broker Server Time A Forex brokers server time is different to a brokers platform display […]
Have you ever wanted access to the live streaming Forex news feeds the the big-boy traders use? Unfortunately people like me and you cannot afford to pay several thousand dollars each month to Reuters or Bloomberg for live news feeds. That is where companies like talking-forex.com come in. For a tiny fee they deliver via […]
Forex Webinar On Sunday the 4th of March at 9:00pm GMT I will be holding the next webinar in the “Trading With 100% Certainty” series. Whats The Webianr About I will be discussing the latest update to my Price Action strategy and how to enter trades with 100% certainty. Trading with 100% certainty does not […]
On Sunday I held a webinar on Support and Resistance. Over the past few days I have been inundated with support tickets from people looking for a recording of the webinar. Well the recording is available now in the… Sorry, this webinar is several years old, and the recording has been lost. You can check […]
Hey Guys, Earlier this week I promised that I would be releasing an update to my trading method. Well the update is finally here! As you probably know my key goal in Forex is to keep things as simple as possible. With this update of my method I have further streamlined and simplified things. So […]
Have you heard that 90% of new Forex traders fail? I am sure you have, everyone has. One point I always try to get across to new traders is the majority of new traders fail why do what the majority do? It is actually pretty logical when you think about it. The majority of new […]
This week’s tip is short but sweet. In Forex it is extremely easy to fall into a losing streak. In the flash of an eye a few bad trades can turn into a lot of bad trades. There is an easy way to avoid this though….. If you lose three trades in a row take […]
If you know much about me and what I try to do with Forex4Noobs you know that my ethos is to keep trading simple. Last week I spoke to a newbie who is having a tough time finding consistency in his trading. This newbie went on to tell me that he is trading four systems/methods […]
I am starting a new series of posts with a simple tip every Tuesday. Here goes…… I know this tip is somewhat redundant and I would wager the vast majority of people reading this already know the basics. However, last week I spoke to a newbie trader who did not know the basics, this is […]
Hey Guys, I try to make posts two weeks before any major Forex expo/show/conference. However, I do not want to make three separate posts this week about expos so I am containing them all tot his post. The Traders Expo Las Vegas Start: Wed, Nov 16, 2011 13:00 GMT End: Sat, Nov 19, 2011 13:00 […]
I get several emails per month with people asking me to recommend single services. My response to these emails is always the same. “Even if you manage to find a good signal service, you might make some money for a while, but it will not last!” If you want to make money in Forex you […]
Hey guys, I have been getting a lot of requests for another webinar. So here it is! On Tuesday the 15th of November I will be holding a webinar on: Identifying Reversals With Support & Resistance In this in-depth webinar I will show you how to use support and resistance to spot high probability trend […]
