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 [...]

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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 [...]

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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 [...]

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In the course of your trading education, you’ll come across many various trading strategies, tactics and techniques. Some of them might make sense to you, some of them won’t.
There are traders who have traded for quite some time (and I mean in terms of years, not weeks or months) who still find it difficult to [...]

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This is the 6th week of day trading with the 5EMAs Forex Trading System. I’ve started applying more trading discipline this week, with only 4 trades taken.
My Forex Day Trading Results With The 5EMAs Forex Trading System
These are the week by week results over the past 6 weeks of taking the complete 5EMAs Forex Trading [...]

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This is my third week of day-trading the 5EMAs Forex Trading System. The result at the close of this week is a -7.08% on the account.

A Review of My Day Trading This Week
After going through a review of the trades that I took this week, I noticed a couple of signs in terms of implementing [...]

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There are several Forex Trading Tools available to a trader. Yet with the multitude of such tools, the number of traders that make it to consistent profits are still so few. So the question that begs to be asked is:

If it’s not the forex trading tools that make a successful trader, then what does?

Some of [...]

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Each day, you make so many decisions about your life. When you wake up in the morning, what clothes to wear, drive your kids to school, which route to take, what to eat for breakfast, and whether to stop off to fill the gas tank. Each decision that you make requires little thought, and are [...]

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Do you search for the ultimate trade set-up? Spend time looking for that one big winner that will turn your trading around? Hit that home-run trade that will make you rich beyond your wildest dreams?
There are many trading opportunities during the day, and some of them turn out to be hugely profitable trades. The only [...]

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Trading can be such a stressful activity, and as a trader you may constantly feel the pressure to perform. If you don’t perform, you don’t put profits in your trading account. And if you don’t put profits into your trading account, well…. that leads to a whole lot of other things.

If you take short term [...]

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