An effective carry trade strategy doesn’t only involve looking at the current interest rates but it’s also important to predict the future direction of interest rates. I think carry trades are best for medium or long term trades because it doesn’t ...

The Best Carry trade Pairs?

This is the best way to play safe. 1% profit may seem small but at the end of the month these profits add up to give great monthly returns. For traders who trade on small time-frames it is extremely important to protect their capital from declining ...

1% to 3% Per Day? All things are Possible

How's that going so far?

Pivot point strategy

A system can only be developed if the purpose of analysis is bigger than just determining buy or sell decisions. Since markets are closed on weekends I utilize this time to establish a bigger picture of the market.

The Strength of USD

The biggest problem with people searching for a holygrail is that they believe the holy grail is the system that will work 100% which is not at all possible. Moreover, The biggest part that is often overlooked by these “holy-grail questers” is that ...

Stop searching for the 'Holy Grail', work on yourself!

Atleast the pair is rebounding back and recovered a major part of Friday's losses.

USD/JPY Discussion

@mortgagee The strength of any currency is the reflection of its stronger economy. NZD is generally a stable and high yielding currency most of the time. Export and import as well as tourism is the large part of New Zealand's economy which is now ...

NZD/USD

It sounds pretty simple. Do you rely completely on it for your trading decisions or choose something else too?

Pivot point strategy

Thank you for sharing. I'll use it and let you know.

Pivot point strategy

I think it’s more of a zero sum game because when we put on a position, there’s always a counterpart taking an opposite position. If I am long, the other will be short. So when the interest rate rises the one who is long will benefit whereas the one ...

Forex - A negative sum game for losers

The brutal truth about day trading is that 90% of the day traders fail. One major reason for this is, anyone with a small capital is welcomed in the market. However, starting day trading with a small capital can be a disastrous decision for a new ...

The brutal truth of day trading

Not only the successful trades but analysing the trades where we fail are more important. I always write minutest of details in my trading journal, it helps me to not repeat the same mistakes time and again.

Profit / Loss Analysis

So basically both are eating on us. The title was, “the difference between a broker and casino” however you ended up showing the similarities we couldn’t have imagined.

the difference between a broker and a casino?

It’s that time of the year again when the ones who didn’t invest in it are regretting it, and those who’ve invested are dreaming of getting rich.

What about Bitcoin... :)

If Dolland Trump tweets that he wishes the US government to adopt Bitcoin sooner.

What news can push BTC to $200k price?

@oldtraderman It’s so nice that despite having 35 years of experience you are humble and want to help everyone while staying honest. I’ve seen that many people either try to scare people or set unrealistic hopes in the minds of new traders. It’s ...

Keep Calm and Carry On Trading

Technical and fundamental analysis is the heart of my trading strategy.

In One Sentence - How Do You Trade?

@aaronbronte Pivot points can be used but they work best when combined with other kinds of technical analysis which is not really feasible in scalping. You have to make quick decisions and just can’t spend your time applying different technical ...

Scalping Techniques That Work

To become a pro, you will have to learn risk management and portfolio diversification. When you know what to do in a certain situation, you perform better.

How to day trade like a pro?