Pharaoh from the Forex Peace Army Forum wrote an interesting forum posting that I think all of you novice forex traders should definitely read. Here is a brief excerpt of it. For…
Category: Articles
Forex News Trading Strategies
Checkout this very informative article by Lilly De Clerck from aboutcurrency.com In this lesson, I will talk about the different ways how you can trade forex during key economic news events. Most…
45 Steps to Success In Forex
1. Knowledge Deficiency – Most new forex traders do not take the time to learn what drives currency rates (primarily fundamentals). When some news or a statement is due out, they close…
Connecting MetaTrader 4 to an ECN Broker
Let’s face it, the majority if not all forex brokers that support the MetaTrader 4 platform are pure bucketshops. I have yet to find ONE MT4 broker which offers a true non-dealing…
New method to achieve 90% modeling quality in MT4’s strategy tester
In a previous post I talked about how to achieve 90% modeling quality in your backtests by using Alpari’s databank files. Well I have good news! You no longer have to go…
Short Term Trading Techniques for the Forex Market
Short Term Trading Techniques for the FX Market Given my background as a scalper in the equities market for eight years I am often asked if those same techniques are applicable to…
5-Step System to Evaluate Any Forex Broker
Here is a very good article written by Felix Homogratus about how to evaluate forex brokers before you open up an account with them. Step #1: Does forex broker provide natural trading…
Dollar Rises Against Euro, Yen as Oil, Commodity Prices Decline
Guess what. I’m long dollar and liking the pips 🙂 BUT I’m bearish on the dollar for the long term. Checkout this interesting and relevant article from Bloomberg: –begin quote– The dollar…