asia forex mentor

Forex Tips: Never catch a falling bus

Forex Tips: Never catch a falling bus

Forex Tips: Never catch a falling bus Forex Tips Forex Tips If you look at the forex chart above. You may find the above scenario familiar. Many a times, new traders always want to catch the bottom. So that when it goes up, they will get plentiful of pips. There’s nothing wrong with that idea. […]

Forex Breakout System: Follow up on last post

Forex Breakout System: Follow up on last post

Forex Breakout System – Follow up on last post – Live Eur Chf Trade Please read the last post first if you have not already done so. Here’s the link: Forex Breakout System http://www.asiaforexmentor.com/forex-breakout-system-live-eur-chf-trade/ On the last trade, we placed a breakout trade on both side. A pending buy order and a pending sell order. […]

Forex Breakout System – Live Eur Chf Trade

Forex Breakout System – Live Eur Chf Trade

Forex Breakout System – Live Eur Chf Trade What we are looking at now is a Live Forex breakout system trade. Forex Pair: Eur Chf Time Frame: 1hr If you look at the chart above. The pair has a nice history of consolidating bars and then to eventually breakout. (look at the 3 circles drawn […]

Forex Price Action Pin Bar

Forex Price Action Pin Bar

Forex Price Action Pin Bar Forex Pair: Aud Usd This is a nice scenario when all the timeframes has a forex price action pin bar.I will make this post simple.As we all know we enter with the trend and not against the trend. – As we all know the trend is our friend.Therefore, in all […]

Forex vs Stocks: Why should you not trade stock?

Forex vs Stocks: Why should you not trade stock?

Forex vs Stocks: Why should you not trade stock? Last week we saw a massive drop in the stock market. Dow jones drop by almost 500 points.It was the latest biggest drop in a single day after the lehman brothers episode.Many of my friends who were trading stocks were caught out unaware resulting in a […]

Forex Day Trading Systems: Why we skip this price action pin bar?

Forex Day Trading Systems: Why we skip this price action pin bar?

Forex Day Trading Systems: Why should you not take this price action pin bar? Forex Day Trading Systems: We are doing a day trading in the forex pair above: Usd Chf 1hr.We spotted a price action pin bar (marked by the yellow circle).The overall trend was down and the pin bar was in the correction […]

Forex News Trading: Is USD Dead?

Forex News Trading: Is USD Dead?

Forex News Trading: Is USD Dead? Asian session started the day with the U.S. dollar weakening against its major counter parts. EUR/USD is trading at 1.4470, GBP/USD is trading at 1.6336, AUD/USD is trading at 1.0889 by the time of typing. Safe heaven currencies JPY and CHF are performing less but still steady. USD/CHF hit […]