See how good you are at predicting the following scenarios and their outcome. (more…)
Price flow analysis on the chart is the Alpha and Omega in trading. Anticipating price movements is the key factor in picking trading setups. The following scenarios demonstrate top class tactics for price anticipation. (more…)
There is a thin line between profiting in the markets and wasting valuable time.Have you noticed that most successful Forex teachers can teach you a great money making method but it doesn’t make you money? They write great psychological articles and go through an ‘In depth’ tutorial with you yet it doesn’t seem to change your account balance. In the end this is what it is all about. You didn’t come to the FX market to just spend your time on a good read. You came to make money!
The biggest misconception between traders is that; in order to make money in forex one has to make big gains in terms of pips. This is completely untrue. Pocketing small but consistent profits is as safe and rewarding as pocketing big gains that only come once in a while. (more…)
Since the Z Pattern thread debut on BP in late September ’13, I posted 19 Live Z Setups. With 13 winners, 5 BEs and only 1 loss. I am proud to say that, after successfuly battling through one of the most compelling trading periods last year.