Posts Tagged by trader training

Chart Patterns Ebook Release

My apologies! The Buy Now buttons are now working. I got a few emails that they were not working. The issue should be fixed now. Again, my apologies and have a great day! ———– For a limited time I am releasing my new ebook “Profiting From the Forex Market Using Chart Patterns.”  The price right…

Proper Position Sizing for Trading

Proper position sizing is something many traders never even think of, let alone learn to master.  Here is a very quick guide to position sizing.  I am publishing a full article on this topic and will post the information on where it can be attained when it is available.  So in the meantime…. To determine…

USD/JPY Forex Swing Trade Analysis – 30 Min Chart

April 23 18:15 GMT The following is a forex market commentary based on technical analysis for the USD/JPY currency pair. It is based off of a 30 minute chart. Trading ideas or trading signals can be generated based on your own risk tolerance and time frame. A triangle is forming on the USD/JPY 30 minute…

RSI Range – Gain a Better Understanding of the Relative Strength Indicator

There are many ways to use the RSI with the most common methods being overbought and oversold levels and divergence with price. Today we are going to look at a third way to use the indicator – RSI range. RSI is an oscillator and commonly people believe that the RSI is only valuable when price…

How to Choose a Forex Broker

Not all brokers are created equal and I have been through my fair share of them in my trading career.  When choosing a broker here a few things you will want to consider: -Is the price listed always tradable? Since most retail forex brokers today offer fixed spreads, this means no matter what market conditions…

How to Use New Signals (Feb19 and after)

The free forex signals are back!  Read through all of this before using the signals. AFTER THE SIGNAL HAS BEEN POSTED, READ THE COMMENTS TO THAT POST. In the comments is where the updates to the trades will be – these are very important. These signals do not predict which way I think the market…

Forex Signals to Return Shortly

The free forex signals will not be posted for the remainder of the week, and the suspension may continue into next week.  The reason is that I am trying to find a way to easily post my personal trades on the blog.  As mentioned the signals that have been posted are not my own trades,…

EUR/USD Forex Signals-Trend

The following are potential trades that could made using a trend line trading system. They are for the European session but could flow into the US session. I trend line was broken earlier in the day at 1.2850. The next short term trend line is sloping upwards and should provide support in the area of…

EUR/USD Forex Signals-Range

The following are potential trades that could made using a range trading system based on breakouts. Sell at 1.2796. Stop of 20 pips.  Profit Target at 1.2720, 1.2620 Buy at 1.2925. Stop of 20 pips.  Profit Target at 1.2980, 1.3030 If a trader feels so inclined these signals can also be used for trading false…

How to Use Free Forex Signals-Part 2

I recently posted a few consideration traders should take into account when using the signals I post on the website. In addition to those elements I mentioned, where are a few others which need to addressed since starting today I will posting several different signals based on different technical analysis methods. The signal which were…

A Good Reminder

The following is an article I found which is a good reminder to keep things simple.  I generally just use price as an indicator, coupled with chart patterns (past prices).  Although occasionally I refer to an RSI or price overlay for confirmation.  Here is the article…. Trading Analysis Pitfalls by Ginny Fairham It is very…

How to Use the Free Forex Signals

-I definitely have short term day trader blood in me, this means I am looking for relatively quick gains.  Thus the trades I look for are at levels where I expect movement to happen quickly in my favor.  This sometimes has a slingshot effect in the opposite direction, especially at the market open.  For this…

Million Dollar Traders By Harvey Walsh

There’s a great show on British TV – Million Dollar Traders. There are two very important lessons that every trader must understand, that have been perfectly illustrated in this documentary, and I want to discuss those here. Any trader who doesn’t understand these lessons is doomed to fail, just as many of the traders in…