Work Out Trading Profits in Money and Not Pips It constantly amazes me when talking to traders and they work out profit or loss in pips. A common question I get asked is “how many pips should I make trading price action?” Or another example is “should I have a minimum pip profit target each …
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EURAUD Screams Higher After Pin Bar
The Pin Bar that formed on the EURAUD 4hr chart and was posted in this blog yesterday screamed higher soon after posting. This setup was also heavily discussed in the members forum. Well done to all the members who were able to get aboard this trade and make some decent pips. Traders could have …
Why NO Forex Trading Method Can Be 100% Successful
Many traders, both new and the experienced, fail to understand one of the most important rules to the Forex market. This rule is – “We can never be 100% sure of what anything in the markets will do!” Do a quick search in any forum and you will soon see traders the world over looking for a trading …