In the last post, I wrote I made $1,806.57 in less than 15 days. Well, here’s the update to the results of trading with the 10 Min Forex Wealth Builder System…

[Read more →]

Did that catch your attention?

It did, didn’t it?

After purchasing the 10 Min Forex Wealth Builder trading system, it took me a couple of days before I …

[Read more →]

I’m trading the 10 Min Forex Wealth Builder System, and so far I’ve had 3 trades opened. None of them have closed out yet, so there’s really nothing to report.

[Read more →]

The GBPUSD broke out above resistance since I last highlighted the trade. With a decent forex trading system, you should have made profits on this trade.
The move that took place from the breakout point was about 400 pips… did you make any money on this trade?
The GBPUSD Breakout Trade

Although the GBPUSD did fall back into [...]

[Read more →]

The GBPUSD has formed a trading range over the past month or so. It’s currently hitting the resistance level of the trading range, and this gives us a potential breakout trade happening.
The GBPUSD: Potential Breakout Trade

There are many good trading systems available in the market place, but one of the most consistent, robust and proven [...]

[Read more →]

After some nice moves at the end of 2007, the forex markets have moved into a trading range that would have caused trend traders some grief! But for the more nimble traders able to recognize the market changing, trading reversals at support and resistance levels would have brought in some nice profits!
The EURUSD Daily Chart
The [...]

[Read more →]

Along your trading journey, you will learn several trading ideas and concepts that seem to work every so often, but fail to work again almost every other time. It can be difficult and frustrating when you have done your “homework”, paid your dues in time, energy, discipline, review and continual studies but you still can’t [...]

[Read more →]

One of the major stumbling blocks to trading success (and in fact every other human endeavor) is what goes on in the mind. This is why as a trader, you must prepare your mind for trading success as well as learn the basics of successful trading.
When your mind works against you, even if you have [...]

[Read more →]

How do the forex markets really work? Why do prices move? Who causes the prices to move? And where do you fit in as a forex trader?
In the simplest explanation possible, the main driving forces of market behavior are:

Profit-Making (or profit maximization)
Fear:

Of Losing Money
Of Not Making Enough Money (Greed)

Forex Market Participants

The markets move because of [...]

[Read more →]

Here’s a case study for trading the EURUSD End Of Day.
The EURUSD has hit into monthly resistance levels that were outlined much earlier in previous posts.
Would it continue to run, or turn round and head back down?

Trying to pick tops and bottoms is tricky business. Especially in currencies where markets tend to trend far longer [...]

[Read more →]