We had stopped sending the signals through email and SMS for a while. We only had the market analysis and our subscribers had to watch the market analysis videos, see the formed and forming trade setups and then decide on their own if they liked to take the positions or not. There were some reasons for stopping the email and SMS signals. The main reason was that we wanted to push the subscribers to see the analysis before taking the positions. We did not want them to take the signals blindly, because our program is mainly an educational program, not a mere buy/sell signal service. Read the rest of this entry »

Forex market does not always behave the same. Sometimes it doesn’t trend for a long time and so trend traders have to sit on the fence and do nothing. Sometimes it keeps on moving strongly toward a direction and it doesn’t give you any chance to enter. Sometimes it keeps on moving inside a range and those who are used to trade with some special times frames only, will not be able to trade for a long time. Above all, sometimes a good trading system that was used to work like a charm, stops working and starts hitting the stop loss. Read the rest of this entry »

As far as I have learned so far, online forex and stock trading are the only businesses that emotions have the highest and strongest impact on them. Currency market goes up and down based on nothing but the decision of the buyers and sellers. When most traders decide to buy, the price goes up and when they decide to sell, the price goes down. Read the rest of this entry »

Forex trading systems are nothing more than a set of rules that traders use to arrive at their entry & exit points. Developing and using trading systems can help traders to earn consistent returns and limiting risk at the same time. Let us look at different types of trading styles in this post. Read the rest of this entry »