Forex Day Trading system - Major top in the EUR/USD

Forex Day Trading system - Major top in the EUR/USDI am watching this currency pair for past 2 days..I am finding that a major top is in place..Thats why even if my trading system is saying that go long, I am not. If you notice, the current level of EUR/USD is offerring a major resistance. The pair has been rejected multiple times from that level..I'll do either of the below two -1. Go long only...

Forex Education Success Formula

You read about the risk trading the Forex market every day. I talk to many successful traders and investors about the Forex market and it is mind blowing the fear this market produces amongst the conservative investors and daredevil attitude of the aggressive traders. Yes, it is a fact that 95% of traders lose money in Forex. I was taught that if you want a better answer then you have got to ask a...

Forex Day trading system : Major bottom in USD/CAD

Forex Day trading system : Major bottom in USD/CADThe currency pair of USD/CAD is showing major resistance at the present levels. 1st there was a very bullish candlestic on a 1 hr chart last week and now today the forex pair bounced up again from that level.What does this mean? This means that currency pair bounced from a level, tested it again and then bounced again. Remember it didn't stabal...

Forex Education - No Pain, No Gain

Forex trading breakthroughs have a lot to do with your ability to get comfortable with being uncomfortable. Success usually comes from staying in the here and now, as well as accepting the fact that the market literally can do anything at anytime.Many of your actions now may seem frustrating - such as designing a trading plan, sticking to just a few currency pairs, learning the intricacies of a strategy....