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Never thought I would be passionate about sitting in front of a computer staring at technical charts for hours per day.

They always say follow your passion right? ¬†But that doesn’t always make sense. ¬†How many of us make a living surfing, or painting? ¬†You can still love what you do without taking the advice of self help gurus who suggest you do nothing but what you love. ¬†Sometimes we need to do what we do …

Never thought I would be passionate about sitting in front of a computer staring at technical charts for hours per day. Read More »

What is next in France? Are the French people doomed to perpetual enslavement by the European Union?

History is unfolding one step at a time. ¬†Even more fascinating is the pattern it forms on the charts of financial markets. Disruptions and distortions of the pattern also form patterns that lead to the next trade. ¬† What’s next in France and the European Union? ¬†It’s not over yet. http://www.reuters.com/video/2017/04/24/france-wakes-up-to-new-political-landsca?videoId=371544169&feedType=VideoRSS&feedName=WorldNews&videoChannel=117760&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FUSVideoWorldNews+%28Video+%2F+US+%2F+World+News%29

Traders all but clicking buy before the FOMC news hits the fan.

You know the drill. ¬†Interest rate hike equals an immediate surge in price. ¬†But always look again and look carefully and usually you will see if the surge will actually cause the last move of a turn or whether it will keep going. More on that in the live sessions when we trade this event. …

Traders all but clicking buy before the FOMC news hits the fan. Read More »

Yellen rate increase is a done deal with 100% chance of rate hike.

So from the sound of it. the Fed is definitely going to raise the interest rate most likely by .25 per cent. Normally this will cause an initial surge going up for the USD against other currencies or in the case of the EUR USD, continue down. ¬†But just before this announcement I will analyse …

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I’m so confused! What’s the difference between risk, leverage and margin in Forex trading?

Sometimes I can’t seem to get these things straight in my mind. ¬†What exactly is leverage? ¬†And what is risk and how is it calculated. ¬†What the heck is margin anyway? ¬† The main thing I want to know is how much to put into a trade so I don’t blow the account in one …

I’m so confused! What’s the difference between risk, leverage and margin in Forex trading? Read More »