Trading Strategies, Psychology
The Art Of War And Trading: Part 1
What Is The Art Of War? The Art of War is an ancient Chinese book on military tactics and strategy who written by Sun Tzu around 500 BC. These writings are considered by many to be the most significant literature on military tactics and wisdom that can be applied to everyday life ever conceived. In this multi-article series, we will be interpreting...
‘First Steps in Forex’ – Free Education Course
Why the ‘First Steps in Forex’ course with GO Markets could be just what you are looking for When someone like you has the idea that trading Forex could be a good fit with your investment objectives, it is logical that getting a solid foundation in place is one of the factors that can contribute in giving you the confidence and knowledge to tu...
Time For a Change? Considering Longer or Shorter Timeframe FX and CFD Trading
One of the most common questions we are asked on some of the webinar sessions we run is “What timeframe might be best for me to trade?”. This slightly longer article than we would usually write, seemed merited to provide some detailed “food for thought” as it appears to be an important issue for many. This is not something w...
How to get an edge in the Forex market?
People often ask me how they can get an edge over other traders in the currency market. My simple answer is this. Study financial market history and it will greatly enhance your profit opportunity because Forex markets will highly likely react the same way each time based on how they reacted last time. Human beings are what drive all financial mark...
2 Things All Great Traders Have
One Emotional Discipline: This is the precise reason why not everyone can trade. Understanding the fundamentals of the market is not beyond you and learning a technical system that provides an edge in the market is certainly not hugely challenging. However learning the skill of emotional discipline is the greatest profit making skill great traders ...
Why you need to re-train your brain as a Forex Trader
Can you teach old dogs new tricks? Yes, of course you can if you give them treats and train them correctly through the new learning process. To teach an old dog new tricks the dog handler will be re-training the dog’s brain and so it is with human beings when it comes to currency trading. We need to re-train our brains to learn how to behave prop...
Trading Success as a Forex trader is a bit like doing an apprenticeship
If you are willing to look at your Forex experience a bit like an apprentice completes an apprenticeship you are likely going to achieve a higher level of success. Why should opening a live account and making money in the financial markets be any different to any other career? You don’t get to build a house without the appropriate qualifications ...
Why Thinking in 10’s could help you as a trader
When you boil it all down trading is a game of numbers, the more numbers you make over time the more money you make however many traders don’t focus on the numbers game over time and instead focus their attention only on if they are winning or losing right now and it affects their ability to control their emotions. Here is a suggestion tha...
The 200-Day Moving Average
One of the worlds most profitable Hedge Fund Managers Paul Tudor Jones called it in Tony Robbins Money Master Book "my #1 Trading indicator " and some of my colleagues in institutions and banks have referred to it as a key barometer for where substantial money flow often occurs. I am referring to the 200-Day Moving Average on a Daily chart and as...
Top Candlestick Patterns and How to Use them in Your Trading
Candlestick charts are one of the most popular and commonly used tools by traders in analysing the markets. In this article, we will briefly look at its history then move on to some basics on how to interpret these charts. We will also look at some of the major candlestick chart patterns to give you an understanding of how you can use the...
Benefits of a MT4 Demo Trading Account
Top 5 Benefits of a MT4 Demo Trading Account A MT4 Demo trading account is a virtual trading account that allows you to make virtual trades with play money. Demo trading accounts replicate Live trading accounts, but it removes the risk of losing your own trading capital until you are comfortable trading with real money. Most Forex brokers now o...
Trading opportunities in a low growth global economy
We are four months into 2016 and the global economic prospects are still uncertain. The International Monetary Fund (IMF) chief has just issued another warning in recent days, stating that the outlook for global growth is weak and has encouraged policy makers across the world to work together to “bolster confidence, support growth, and guard more...
Trading Tools: Trading Central
Imagine having access to technical analysis across all the major markets, updated around the clock in real-time and of the same calibre that investment banks around the world receive daily. Then consider having all your favourite Forex and Commodity markets analysed with a trade entry, exit, profit taking levels and a price projection. And what i...
Point & Figure Analysis – A Japanese Cliffhanger
Annihilation of the Yen It was the year 2013. Some interesting events took place that caused some reverberations in global markets. The once one booming city of Detroit (known for its car manufacturing) filed for bankruptcy and the US government shutdown for almost two weeks. But the most significant story was the fall of the Japanese currency a...
Be prepared and trade smart with the MT4 Genesis Session Map
Forex is one of the heaviest news driven markets in the world. Major news announcements play such a critical role to the intraday volatility, which in turn create trading opportunities. Most of the time, particularly for the active traders, market volatility can present more trading opportunities. So it stands to reason, all Forex traders should be...