The mental side
Posted on Thursday, May 20th, 2010 at 1:15 pm.
Whether you have been trading for some time or are new to the currency market, one thing that is crucial for your success is being able to control your emotions. Becoming a successful trader isn’t nearly as much about charts and indicators as you may think. I would say that about 2% of your success will come from the indicators and charts. The other 98% is within yourself. You need to learn to read yourself and judge the market dispassionately. It’s easy to be successful with a demo trading account, but it is another thing entirely when you are trading live. Due to the emotional attachment that we have to money, trading live is much more difficult. If you want to trade consistently, learn to manage yourself and the rest will fall into place.
The New Week of trading
Posted on Monday, April 26th, 2010 at 7:09 am.
The amazing thing with Forex magic stick if you have it drawn and turned on for the new week to start and breaks the line it’s ready too go. Trading Forex with this tool has relieved alot of stress for tons of traders. This week in Forex probably will be an exciting week in trade because alot of pair are at some major levels or just recently just broken their major levels. We are looking for alot great trade opportunities so get ready to use magic stick and make some money.
Commodity Currencies!!!
Posted on Thursday, April 8th, 2010 at 9:35 am.
The NzdUsd had a very pressurized white candle on this week on the daily chart. This move looks to be ready to continue given the current candlesticks on the hourly time frame. Also the UsdCad hit the hourly gap it really bounced off, now has broken the 13 ma. AudUsd also had a very solid break of the 13 ma. I really like these setups right now for a long term continuation of this swing. Overall we should have a lot of easy pips to pick up on.
Finally forex moves in a easy way
Posted on Tuesday, March 23rd, 2010 at 8:01 am.
Sunday and monday their was some good moves but looking for a easy and predicable market. It’s been in some consolidation sometime and looking at the bigger picture we are finally making moves that make sense. It’s easy to make money in forex if you have a direction i thing people get too eager too trade so they tend too over trade the forex market. It’s good to get properly educated when learning forex trading because if you don’t know how to read the market it’s easy for people to lose money and in our family of traders we want every single one make consistent money with the forex.
New Day Movements
Posted on Wednesday, March 17th, 2010 at 5:54 pm.
As you may have noticed when the day candle closes, at midnight GMT, there tends to be quite a move. I’m not really sure why this is as the currency market is influenced by every other market in the world as well as the other currency pairs so there is not one answer to this question. However, I have noticed over the past little while consistently when the new day begins in GMT there tends to be a nice move for quite a few pips. If you are there and on top of things you could take a nice quick trade and make a little money for yourself.
Nice moves on the eurusd, gbpusd, usdchf, and jpy pairs
Posted on Wednesday, February 24th, 2010 at 9:57 pm.
As prophesied on chart therapy, there have been some nice moves in the past 10 hours resulting in 100′s of pips. I can’t stress this enough, if you don’t have the education that you need to take advantage of these pips it is simply because you are not enrolled in the addiction anonymous club. We meet three times per day and two full time traders go over all the pairs and do chart analysis with you. Chart Therapy was set up in order to educate others and help you become a profitable trader. Get involved and start making money in the forex market!
Pro traders think a certain way.
Posted on Monday, February 22nd, 2010 at 4:22 pm.
As you may know that the forex market yes you can make alot of money but you can also lose alot of money. More and more people are getting involved with this market and finding that market is hard to trade especially if your emotions kick in. The individuals that will succeed in this market are those that get educated properly and know and have a trading plan. Forex education is number one on my list to say that is what is going to get you to the point where you can trade this market consistently. We as Pro’s in this market will share all of our experiences and secrets in trading this market successfully saving you tons of money and time. Today is a trading day to stay away from the market and look for a break out.
Forex Addicts: A Leader in Forex Education
Posted on Wednesday, February 17th, 2010 at 2:02 pm.
Forex Addicts have proven themselves as a leader in Forex Education. With a state of the art trading room where two full time professional Foreign Currency Traders go over all the currency pairs three times per day and talk about trade set ups it’s no wonder Forex Addicts students are banking in the pips! Forex Addicts has four full time traders taking shifts on these trading room sessions that they call Chart Therapy, giving a couple different points of view on each currency pair and trade set up. Since the beginning of Chart Therapy, forex students have made hundreds of pips from the trades talked about in the sessions. If you are serious about making money from trading the forex market, and have not had the “experience” of actually trading live with one of these experts, I suggest you give it a shot. This is most likely the missing link that you have been searching for. Try them out, Forex Addicts, Chart Therapy, Market Analysis, and Live Trading with a Forex Pro. You owe it to yourself, and your family. Go to forex-education-learn.com now and register, by next week you will be boasting of your profitable trades to your friends. It’s that easy.
Beware of Wierd moves in the Forex
Posted on Friday, February 12th, 2010 at 2:07 pm.
We are here to give you the secrets of the Forex. We want to plan our trade and trade our plan so we can keep our emotions out of the trade. We as Pro traders are going to give you priceless information what to look for. Using our years of trading experience we will show you what to look for in the Forex. And educate you with the trading method and make consistent income with the forex. Money money money is what we want for you so join us in our VIP trading room.
Reversal pattern EURUSD GBPUSD
Posted on Monday, February 8th, 2010 at 11:16 am.
A lot of the Markets are over bought and over sold look for the reversal and trade with a small amount you be able to benefit of these markets. In the Forex i’m looking at the EURUSD GBPUSD to trade to the 1hr gap for my first target if it bridge the 1hr gap then i’m going to the daily gap. Looking at the candle stick pattern it’s hitting a major support resistance level and reversing. If you decide to stay in the market longer than a few days i would recommend you use proper money management and trade with a small amount. EURUSD here are my parameter of the trade. Entry point 1.3683 stop loss at 1.3618 take profit at 1.3798 so it’s a 2:1 ratio set your trade and make some money.
