resistance

Whats your new year resolution?

Whats your new year resolution?

Whats Your New Year Resolution? Christmas and the New year is coming! A holiday period and a joyous season. But its time to do something for yourself. A NEW YEAR RESOLUTION! When was the last time you had set a New Year Resolution?And most importantly. Did you fulfilled it? High chance the answer was a […]

Forex Trading Is Like stacking a Pack of Cards

Forex Trading Is Like stacking a Pack of Cards

Have you ever tried stacking a pile of cards? If you haven’t perhaps you should try it now.Placing every piece of card, trying to find the precise angle, and with a calm collected touch is the key to building your stack of cards. First you must have a solid and stable ground Next you must […]

what is confluence in forex trading?

what is confluence in forex trading?

What is CONFLUENCE in Forex Trading? Alot of people have this question in mind on what is confluence in And why is it so important. Lets start with the Forex Market. It is made up of traders (Big or Small) to determine the flow of the market. For example: if there are more people buying […]

Forex Trading Strategies – Fibonacci

Forex Trading Strategies – Fibonacci

Alot of guys out there have enquires on how to draw a proper fibonacci in forex trading. Whether they are drawing in the right direction? And how do they know that the fibonacci is drawn correctly? This video will show you how to go about it. (I apologise for the poor resolution quality which i […]

Lesson of the Week

Lesson of the Week

In Forex Trading, Discipline is Hard. Initial discipline is even harder. You must be strict with yourself and enforce rules that you usually would not do.I have a hard but strong method. Which is: Slap yourself in your face if you are breaking your trading rules. It includes: OVER Trading.Overtrading is still the No.1 killer […]

Forex Trading: Top Down Approach – EUR USD

Forex Trading: Top Down Approach – EUR USD

Forex Trading Pair: Eur Usd In the weekly chart above, we can see in the highlighted box showing 3 pins that are gunning up.This is a nice indication that Eur Usd could be possibly heading up. Therefore, when we saw this at the start of the week. We are keeping watch for price action confirmation […]

Monthly Pin Bar

Monthly Pin Bar

Since it’s the start of the month, 1st Nov 2010.Lets me post something, just for the fun of it. Nice Pin bar formed on the Forex pair: Usd Chf Monthly time frame It is highlighted in the chart above in the blue box. Nice looking eyes with a long nose. Lets see if it breaks […]

Forex Quote Of The Week

Forex Quote Of The Week

Forex Quote of the Week Failure is Nothing But Your Stairway to Success – If you do not climb the stairs of failure, you will never reach success Ezekiel Chew The same goes in Forex Trading, i don’t know of any forex trader who had never failed before he eventually succeeded. It is the perseverance […]

2nd Chance – Follow up

2nd Chance – Follow up

A quick one here. If you have read the previous post on “2nd Chance” Here is another example that happen today.Forex trading pair: Gbp Usd The chart above shows 2 highlighted pin bar.Read back the previous post to understand what “2nd chance” is all about.Sure enough on this pair, the gbp usd took off after […]