Price goes up and down because of the behavior of the traders. When there is a higher demand for a product, its price goes up and visa versa. On the Forex market, when most traders decide to Read the rest of this entry »

61.80% Fibonacci level showed its power once again. Among all Fibonacci levels, 61.80% and 161.80% levels have the strongest effects on the markets. Or I’d better to say that Read the rest of this entry »

Excessive Euro appreciation against USD has made the economy ministers of European Union so worried and angry, specially in 16 European countries that Euro is their currency. Since March 2009, Euro value is increased up to 20% against USD. EUR/USD rate is now 1.4718 whereas when Euro became accepted as the currency of 16 European countries at the beginning of 2000, EUR/USD rate was 0.8200. Read the rest of this entry »

September is not usually a fruitful month for traders. Most traders prefer to take a month off when September comes, because markets are not volatile enough and they rarely make a strong and profitable trend. We had several trade setups on September, but they hardly triggered the second target. Read the rest of this entry »

I know that many of you have been waiting for our August performance. Usually my performance report comes with some advice and tips. Read the rest of this entry »

As you may know, we analyze several currency pairs everyday. We post the analysis on the daily and weekly reports. On the analysis we report, we show the pathway of the market, supports, resistance and probable trade setups, stop loss and targets. One can trade and make money based on the things we plot and mention on the charts. They are absolutely clear and understandable. They are also accurate and real time. Read the rest of this entry »

Note: This report was published on April 27 2009 for the Live Market Analysis Program members.

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Hello

Forex trading is all the matter of taking risk. We analyze the market, find the trade setups, take the positions, set the stop loss and target and that’s it. We don’t know what will happen then. We don’t have any control on the market. The market moves on its own way and doesn’t care about anybody. The only things that we have a full control on them, any time that we take a position, are the amount of the money we trade, the stop loss and the take profit. So, in addition to the system that we have to become expert in it, we should learn the things that we are able to control and these things are usually discussed under the money management topic. Read the rest of this entry »

Our April Performance (April 11th - April 30th) from Signals alone totaled +662 Pips.

What does this mean if you were trading the following lot sizes:

0.10 lot - $662 roughly (most beginners)
1 lot - $6,620 roughly (most intermediate)
10 lots - $66,200 roughly (advanced)
100 lots - $662,000 Read the rest of this entry »

Hello

After about one and half month that I restarted posting the signals on this website I still think that if it was a good idea to post buy/sell signals like this or not. Experienced and professional traders never rely on others signals and ideas. They believe in their own system and take their positions based on the signals they find using their own system rules. So the signals I publish here doesn’t work for any professional trader because they don’t even bother to look for such signals. There are two other groups of people who may use my signals. The first group includes those people who know what forex is and also know that  it can make money but they really don’t know how to trade. They like to trade and make money but they don’t know how. They also don’t know how and where they can learn forex trading. But if someone tells them when to buy and sell they can do that. The second group includes those traders who have learned or are learning to trade but they are not as professional and experienced as the traders who are confident enough to trade on their own. They like to consult the other traders. Read the rest of this entry »

Hello

It seems most currencies are trying to change their direction after a long time that they have been following a long trend. Most people think that the economic condition will be changed very soon because of the changes in the political situation of USA but this is not true and it takes a long time. The economic recession has not shown many of its effects yet and almost all of the strategies that governments are taking need a lot of time to show their effects. So we should not expect to see strong trends just because governments are trying to solve the economic problems. All we need to do is just waiting for the best trading setups and signals and taking the right positions. Read the rest of this entry »