Forgot to mention that this Friday and next Monday are bank holidays over here in the UK so no trading for me!

Fundamental Trading with a Directional Bias

Most people on here will tell you differently, but my one piece of advice is fundamentals. This is the reason why currencies move in the way they do. Focus on them, learn why currencies would move the way they do, and you'll make a lot of money.

Looking for 63% Win Rate System (1:1 R:R)

@TimTheTrader i know exactly what you mean. I used to think straddles trading the news was going to make me rich tooo lol, but now i trade before but based on the news. If I fancy leaving it on through the news i can take half off before and move ...

Fundamental Trading with a Directional Bias

Last week was pretty straight forward for the markets. There was a huge flow to the Japanese Yen due to middle-eastern tensions in Yemen, as the Yen is a safe haven currency. Sterling lost a lot of value at the start of the week both before that ...

Fundamental Trading with a Directional Bias

@bullbearies Sound good mate, how's your success with it?

Fundamental Trading with a Directional Bias

A little late, but here's my analysis for the week ahead... Last week was a very mixed week for the markets, with the highlight being the FOMC Statement from the Fed. This caused the US Dollar to lose a lot of value in the coming few hours, although ...

Fundamental Trading with a Directional Bias

No worries mate, happy to help! Let us know how you get on!

Fundamental Trading with a Directional Bias

Yeah to be honest a couple of people I know spend a heck of a time looking at the COT report but I don't find it helpful. That's only reporting what's already happened, and I've had the success analyzing how I do. Changing what I said from my ...

Fundamental Trading with a Directional Bias

@Verv Wish you the best with your situation with Alpari. Fortunately I didn't have an account with them. Yes exactly. I think if the Fed remove the word everyone's talking about and signal that rate hike then the Dollar has way further to go, but I ...

Fundamental Trading with a Directional Bias

Last week we had a few great moves. We obviously had a large sell off in the Euro based pairs at the start of the week due to QE starting. This paired with the strong US Dollar because of strong NFP numbers the week before moved EUR/USD closer to ...

Fundamental Trading with a Directional Bias

Sterling weakened first due to some weaker data than we expected on Wednesday. Carney was then more dovish than we were expecting, causing further weakness in the Pound. US Dollar had the amazing NFP last week, and next week we're expecting the Fed ...

Cable Update (GBPUSD)

Of course Forex isn't random. Forex is a market, the same as any other market in the world. It works on supply and demand. When there is more demand than supply, the currency will appreciate in value, and when there is more supply than demand, the ...

Random vs Predictable

I agree with Richieforex hugely. I work a full time job and then trade on the side, and it helps for the reasons he said. I don't rely on the income, and I think that lets me make my decisions easier. If I did rely on that income, I think I would ...

Work Vs Trade

Also, based on that indicator, does that tell us to go Long on EURUSD Because the majority (wherever that piece of data has been plucked from) are long. Going long on EURUSD is suicidal...

FREE Institutional Forex Indicator Tool

Although nobody will listen, I'll tell you what makes them successful compared with retail traders, and why they are professional not retail, because they listen to what actually moves the market, the fundamentals. Unfortunately, you can't put this ...

FREE Institutional Forex Indicator Tool

I think some people still think the world works as it used to, get a job and everyone works a job. People fail to realise that actually you can do your own thing and make a load of money. Probably just her being jealous

Is trading not considered a job?

Yes commodities have been collapsing with a rising dollar. That's what I mean, I might have worded it wrong. Clear to see anyway...

Imminent collapse of the US dollar?

Not sure whether a 'collapse' is coming, but with the global economy slowing down, as well as commodity prices having dropped hugely, I can see that a huge fall in the Dollar's value is possible. This global slowdown, state of the Eurozone, problems ...

Imminent collapse of the US dollar?

I believe you can do it, and actually huge gains are fairly possible with currency markets. Finding a good setup, say a 400 pip move over even a few weeks and adding to your position with profit made, that will produce huge returns. Unfortunately, ...

Million dollars dream - starting from $1000