Find out how I traded this Pin Bar setup on the GBPCAD. It wasn’t perfect, but it was profitable. I give you the play-by-play here.
Backtesting Results: Simple Pin Bar System on AUDJPY
Pin bars are powerful trading signals, but there are so many ways that you can trade them. A lot of online tutorials show you one way to trade them, but don’t show you the results of backtesting or leave out important information. This post will show you everything.
Study Of Engulfing Candles On The EURUSD Weekly Chart
Alright, I’ve been talking about this for a couple of weeks and here it is! This is the first in a series of studies that I’m going to be doing on building trading systems. It is a little different than what you are used to on other sites. Keep in mind that regardless of what we […]
How to Backtest the Forex Carry Trade Strategy
The carry trade can be attractive because it seems like you just sit back and collect the interest. Nothing could be further from the truth. This post will show you how to backtest your carry trade strategy so you understand what you are really getting into.
CCI Divergence Breakout Strategy Testing Plan – Version 1
This post will show you how to test a trading method that is publicly available on another Forex trading site. I do not know if it works or not, but I want to document the process of testing, examining and attempting to improve it. This is the first part of the series.
Getting Started With Trading Inside Bars in Forex
What are inside bars and how do you trade them? This post will get you started.
How to Create Your Own Forex Trading System
Note: This is a guest post by Casey Stubbs of Winners Edge Trading. When creating a Forex Trading System, it is important to develop a system that will contain all the necessary components to master the market, and earn a reasonable profit margin. If you want to develop a successful program you should include 5 […]
How to Get the Most Out of Your Trading System
Note: This is a guest post by Brian McAboy of InsideOutTrading.com There are two primary steps you must take to really get the most out of your trading system. After all, the reason that you entered trading is to make money, so it only makes sense to maximize the effectiveness of your trading system, right? […]
The ONE Thing You Can Do To Trade The AUDJPY More Profitably
Each currency pair has a personality all its own. Getting to know a pair takes time. You need to spend quality time with it and observe it in real life conditions. Not unlike getting to know a new girlfriend. In this post, I’m going to introduce you to a not-so-common way to maximize your profit […]
When Is It Okay To Be a Discretionary Trader And When Is It Just Plain Foolhardy?
Guest Post: Is it possible that the reason so many traders struggle for so long is because they are asking the wrong questions, at least not the right ones for where they are in their growth as a trader, and thus wasting inordinate amounts of time and money pursuing the wrong answers?
Are You Trading The SWAG Forex Trading System? Here Is How To Tell
What is the SWAG Forex Trading System? You should know it because it is famous. You have probably even traded it before. It is very easy to trade and the profit potential is huge…in theory, at least. Before you get too excited about this trading method, let’s find out what SWAG stands for. During my […]
How To Build A Forex Trading Strategy From The Ground Up – Part 3 of 3
I hope you have learned at ton about what it takes to start testing your trading strategy. In this part, I will tell you how to forward test a strategy and when you might be ready to go live with your new strategy. Going live can be scary and I’ll give you a few tips on how to make it much less intimidating.