One of the "golden rules" of Forex trading is to always use a stop loss. But is a stop loss always necessary? Certainly not. [Read more...] about How to Trade Forex Without a Stop Loss
RSI Divergence Explained
One of the most frequently used ways to trade the Relative Strength Index indicator is to use RSI Divergence. Learn how it works here.[Read more...] about RSI Divergence Explained
How to Determine Forex Trend Direction
Learn several methods for profiting from a trend. I cover both price action, and indicator-based methods. [Read more...] about How to Determine Forex Trend Direction
5 Steps to a Rule-Based Trading System That Works
Learn if a rule-based trading system is for you and how to create one that matches your personality. Also learn to avoid the common pitfalls with this type of trading. [Read more...] about 5 Steps to a Rule-Based Trading System That Works
The “Batman” Chart Pattern Explained
Learn how to spot a Batman chart pattern and what it can tell you about where the market is going next. [Read more...] about The “Batman” Chart Pattern Explained
How to Find the Best Place to Set Your Stop Loss
Where is the best place to set your stop losses? That depends on you and your trading strategy. Learn how to figure it out in this post. [Read more...] about How to Find the Best Place to Set Your Stop Loss
9 Strategies for Growing a Small Trading Account
Growing a small account isn't necessarily about taking high-risk trades. There are many other ways that you can grow your account. Learn what they are here. [Read more...] about 9 Strategies for Growing a Small Trading Account
RSI Trading Strategies: 3 Complete Trading Plans
There are a lot of RSI trading strategies available on the internet. But which ones actually work? In this post (part 2), I give you 3 RSI trading methods, with exact plans. In part 3, I'll show you the testing results. [Read more...] about RSI Trading Strategies: 3 Complete Trading Plans
7 Trailing Stop Loss Strategies That Work
If you are tired of missing out on profits after you close a trade, then this post is for you. Trailing your stop loss can be a great way to lock in some gains, while letting your profits run. Get the pros and cons of each of these 7 popular trailing stop loss methods. [Read more...] about 7 Trailing Stop Loss Strategies That Work
How Does the Carry Trade Work?
Learn how the carry trade works and why it isn't as low-risk as some people say it is. Find out the benefits, downsides, and why you shouldn't trade the Turkish Lira. [Read more...] about How Does the Carry Trade Work?
My Best Forex Hedging Strategy for FX Trading
Hedging can be a four-letter word to some traders. But when used correctly, hedging can provide a lot of flexibility, without some of the headaches that come with traditional directional trading. Read this blog post to learn how...[Read more...] about My Best Forex Hedging Strategy for FX Trading
3 Stages of a Profitable Trading Strategy
A consistently profitable strategy is actually developed in three stages. This post will show you if you are making the mistake of trading something that is not a proven Strategy. [Read more...] about 3 Stages of a Profitable Trading Strategy