Question: Why do markets have such long memories? Answer: Because the markets are traded by people, and people remember things for a long time. Do you remember where and when you meet your girlfriend or wife? I believe you do, even though it may ...

EURUSD

Week 33 (13-17 aug) trade previews part 1 — Question: Why do markets have such long memories? Answer: Because the markets are traded by people, and people remember things for a long time. Do you remember where and when you meet your girlfriend ...

Live trades - by Forex Mind Games

Week 32 (06-10 aug) weekly summary — 1.2440, the new magical number for EURUSD. The battle line is drawn between the bulls and bears. Bears will dig a hole to keep EURUSD under 1.2440. Bulls will use their horns to break above 1.2440. If the ...

EURUSD

Week 32 (06-10 aug) weekly summary — 1.2440, the new magical number for EURUSD. The battle line is drawn between the bulls and bears. Bears will dig a hole to keep EURUSD under 1.2440. Bulls will use their horns to break above 1.2440. If the ...

Live trades - by Forex Mind Games

Level 13 - trading desk setup part 1 — When i first started out trading forex, i had 1 LCD monitor on my computer desk. At that time, i was only trading EURUSD. It was manageable when i was flipping back and forth between the charts of various ...

Level up to trade forex successfully

Week 32 (06-10 aug) trade previews part 2 — For part 2, i am looking to go long on the aussie pair. The aussie dollar is still in a strong uptrend since 1st June. The forex market is one of the most trending markets. When a currency pairs, it ...

Live trades - by Forex Mind Games

Week 32 (06-10 aug) trade previews part 1 — First up, the king of forex, the EURUSD. All other major currency pairs move in relation to EURUSD. Even if you are trading other pairs, you have to watch this. It is like watching Barcelona vs Real ...

EURUSD

Week 32 (06-10 aug) trade previews part 1 — First up, the king of forex, the EURUSD. All other major currency pairs move in relation to EURUSD. Even if you are trading other pairs, you have to watch this. It is like watching Barcelona vs Real ...

Live trades - by Forex Mind Games

Week 31 (30 jul - 03 aug) weekly summary — image What a volatile week this was for EURUSD. After last week's "Believe me, we will do everything to save euro" heroic speech by ECB president Mario Draghi, the market was expecting some concrete ...

Live trades - by Forex Mind Games

Level 12 - think of water — image In level 11, i precluded to the fact that to be a successful trader, we must think and behave like water. When water is poured into a teapot, it becomes the teapot. Water does not argue its shape, it simply ...

Level up to trade forex successfully

Stock market traders barely rise their eyebrows when stocks move 2 cents. We the forex traders, on the other hand, are a different breed. We drool, we crave, we desire, we ecstasy when our trades move 2 cents.

EURUSD

My 2 cents worth — My 2 cents worth: Only in forex ..... is 2 cents (or 200pips) worth so much money. Every forex trader will drool when their trades run in their direction for 2 cents. For stock traders, a run of 2 cents is not enough to ...

Cable Update (GBPUSD)

My 2 cents worth — My 2 cents worth: Only in forex ..... is 2 cents (or 200pips) worth so much money. Every forex trader will drool when their trades run in their direction for 2 cents. For stock traders, a run of 2 cents is not enough to ...

Level up to trade forex successfully

Only in forex — My 2 cents worth: Only in forex ..... is 2 cents (or 200pips) worth so much money. Every forex trader will drool when their trades run in their direction for 2 cents. For stock traders, a run of 2 cents is not enough to cover ...

EURUSD

Level 11 - be water my friend — image Do you know that money is liken to water? That is why we use monetary terms like liquidity, credit freeze, money flow and etc. If you want to understand what is one of the basic fundamental structures of ...

Level up to trade forex successfully

Week 31 (30 july - 03 aug) trade previews — Preview #1 - SHORT EURUSD First up, shorting EURUSD. Once again the long term resistance zone of 1.2410-30, which I posted previously 3 weeks ago is back into view. See link. Will EURUSD hold below ...

Live trades - by Forex Mind Games

Week 30 (23-27 july) weekly summary — EURUSD This week was a tough week. Especially the movement of EURUSD on friday, which was highly volatile. I was caught on the wrong side of EURUSD and manage to escape with a slight loss. Proper money ...

Live trades - by Forex Mind Games

When will we see 1.1000 in AUDUSD again ? — The Reserve Bank of Australia is like the Federal Reserve Bank of America, where key interest rates are set by the policy members. In forex trading, one of the most important indicators to watch are ...

AUD/USD