Are Forex Brokers to Blame for Traders Losing Money? Skeptic say that retail trader will always lose money when we trade via a forex broker market maker. How true is that? Before I begin, I need to make it clear that I am not here to defend forex brokers, including those who act as…
Meet Eightcap: The Official Sponsor of the Global View Trading Club We are thrilled to announce that after reviewing several brokers, we have chosen and Eightcap has agreed to become the official sponsor of the Global-View Treading Club. With their help, we are going to be able to continuously offer Trading Club membership FREE for…
Weekly charts Aug 3. USDJPY WEEKLY CHART – WEEKLY OUTLOOK It took 18 weeks to go from 145.89 => 161.93 and 4 weeks to almost fully retrace the move. Potential targets are at 145.89 (and 145.00) as long as it trades below 148.50. Beyond that is a void to the 140s. Only back above…
The 3 Things You Need to Know to Trade Harmonic Price Patterns You probably want to know what you should do to trade harmonic price patterns if you should happen to come across some of these in the course of your trading. There are three quick steps that you should know so that you…
EURUSD Daily Outlook for coming week & Important Data In the coming week some very important data is awaiting us – Check it out on Economic Data Calendar. Especially pay attention to Wednesday US Data : Inflation Rate Core Inflation CPI And most IMPORTANT one – FOMC Interest Rates Decision ! EURUSD finished last…
The 8 Main Variations of Gartley Patterns in Trading It’s impossible to talk about Gartley patterns without talking about Harold McKinley Gartley. He was once known for a stock advice service that he ran in his day and age. He was a very popular person to turn to for advice on these matters because…
Let me state from the outset that the forex market is one of limits. It’s a fickle market more prone to intra-day reversals than breakouts and sustained moves. This is why I look at the forex market as trading in episodes rather than trends. What is an episode?What I mean by an episode is…
How to Trade Divergences Knowing what divergences are and knowing how to trade them profitably are two different things. You should put forth your best effort to trade divergences in a way that will be fruitful and profitable for yourself whenever possible. How to Trade Regular Divergences As you can see…