As a new trader to any of the financial markets you will need to go through several phases to complete market mastery. PHASE 1: As a newbie it pays to learn a lot of strategies to get a general feel for all the types of trading. At this point you don’t need to find your [...]
Street Smart Forex Trading Tip #1 – Are you a “Demo Millionaire?”
Over the past 8 years I’ve worked with well over 11,000 traders and I’ve learned a ton from them. I’ve also seen a lot of common stumbling blocks happening over and over again that prevent even the most well intentioned traders from ever making even one dollar. Let me share one road block in particular [...]
What will happen to the EUR/USD?
Will the price reach the low of January 2012 (1.2600/20). If the Eur/Usd breaks this area, we can go for the 1.2550 support for now. If you have short trades running, stay short with at least a small part of your position. In case the price bounces in the 1.2600 area and the pair moves [...]
The Free Live trading Room is still open for you to join!
Hi Friends, traders and members! Our free live trading and training month has started almost 2 weeks ago and I must say I have met some passionate traders. I would like to thank you guys for being focused and active in the trading room during the sessions. I know that it is not easy to manage [...]
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Feel free to join our trading events newsletters. Discover the power of major financial market live trading. Trading tricks, tips and gives down to earth advice and guidance. Forex-Metals-Indices and more for intraday, swing and scalping traders at http://www.spartantraderfx.com/live-trading-events/
EUR/JPY Outlook for May 7-11
Eur/Jpy Our swing short setup worked fine and I am about 100 pips in profit now (4H entry 105.50).I leave my stop at 106.30 for now but took already some profits at 104.50. I will trail my stop after a new confirmed setup on the 4H chart. Next target is the 103.30 area. Good [...]
Don’t believe the forex hype! How To Avoid Excessive Risk.
Awhile back I did a couple of articles on my blog at www.askjeffwilde.com about how system performance results can be highly misleading due to the system being over-optimized by it’s creator. I want to bring to light another way that your being mislead when it comes to the reported performance numbers some systems brag about. [...]
EUR/USD Outlook for April 30 to May 4
Swing traders should wait for some good support and resistance area breaks, before they can enter new positions!
XAU/USD (Gold) Swing trading setup soon?
Gold is ranging for many weeks now. The price has created a wedge, and it looks like we will see a break out of this formation soon. It can still take a couple of weeks, but a break here would open the way for new swing trading setups. Patience now! Remember…You don’t want to decide [...]
Live free forex trading workshop
I’m going to keep this short and sweet… Starting May 2 my friend Nikos will be holding a free daily live trading workshop. It will run throughout May. This is something you rarely get to see as most traders are too scared to trade in real-time in front of a group. Nilos will do scalping, [...]
