The daily chart of the USDCHF shows price is moving lower and getting closer to what could be a critical support level for this market. This level was old resistance with price not able to break through and move higher. Once price broke higher through resistance it moved onto new highs and we are …
Money Management That Actually Works in Forex!
Money Management That Actually Works in Forex! When people first come to trading and in particular Forex the first thing they look to do is find the shiniest and fanciest trading system they can get their hands on. The thinking goes that if they can just find the latest and greatest system all …
What is a Forex Trading Journal and Why is it so Important?
Q: What is the one thing that can help you make big improvements in your trading and also help you quickly spot when errors or mistakes are creeping in? A: A trading journal of course. A surprising number of traders either do not have, or do not correctly use, a solid trade journal and are …
