Almost nobody turns their first EA into a winning strategy. Like any new task, you’re more than likely going to fumble the first few attempts. It takes time and experience to anticipate…
Category: Articles
Don’t Expect the News to Tell You Where EUR/USD Is Going Next
Retrospective explanations of market moves don’t keep you ahead of the trend By Elliott Wave International On December 27, EUR/USD shot up as high as $1.3283. Forex news headlines were quick to…
Best Position Sizing Practices
One of the key elements in risk management in Forex is position sizing. It’s a decision you have to make with every trade, and it’s best if it’s consistent. While many traders…
How Long Will the Dollar Remain the World’s Reserve Currency?
We frequently hear the financial press refer to the U.S. dollar as the “world’s reserve currency,” implying that our dollar will always retain its value in an ever shifting world economy. But…
As China goes, so goes oil; as oil goes, up goes the U.S. dollar!
by Jack Crooks Saturday, September 1, 2012 at 7:30am I realize it’s never easy and rarely simple. But today I’m going to help you understand why global money-flow drives key markets and…
How Does a Trader Who Runs from Risk Achieve THIS Track Record?
Peter Brandt is the “Real McCoy” By Elliott Wave International In the late ’70s, Peter Brandt emptied his trading accounts several times. He’d lose a string of trades, then refund his account,…
Basic Elliott Video Lesson – Characteristics of Zigzags
For consistent trading, use Elliott as your metronome. By Elliott Wave International When you are new to trading with Elliott Waves, it can take some time before each pattern is easy to…
Pros and Cons of Fundamental Forex Trading
Many forex traders are technical traders, but there is a school of thought that says fundamental analysis is the best route. Fundamental analysis is the process of analyzing the market using both…