How to Double Forex Account in 7 weeks

By Michael Storm Here is a simple trading plan for pip growth that can double forex account in 7 weeks.  I personally believe that this is conservative and doable for a lot of folks. But, if you think it is too aggressive, feel free to scale it back to something that...

Fading the Momentum in Forex Trading

Occasionally, price is able to accelerate further than any Forex trader expects. In these cases, the price has a strong impulse or thrust, and it keeps extending to new extremes. Even though catching an impulsive trade is great, what does a trader do when they miss...

How Currency Pairs Work in Forex

Forex Trading is weird... You can't just buy or sell a currency, you have to trade them in pairs against each other. So, how do you make sense of this? If you want to sell (or "short") the USD, you have to match it up with another currency in order to make a...

The Reality of All Markets

There is a strong reason why 95% of traders lose money. So, what can you do to avoid being part of that statistic? Hopefully, this piece of article will put you on the right path of becoming part of the small 5% group of traders who are successful in this business....

Forex Trading: A Tool to Create Wealth

By -- Casey Stubbs Today I am going to dive into an advanced Forex trading discussion with the goal of changing your mindset about some fundamental ideas in trading, trading plan components, and discipline in trading.  I will also be starting a discussion in the...

Realistic Forex Income Goals for Trading

What are realistic and acceptable Forex income goals? Setting realistic trading revenue goals is a tough question to answer because there are so many factors. Each trader is different, and the reality is that most traders lose money. The reason is that trading is...

How To Trade The Fractal Indicator

FRACTALS and how to trade the fractal indicator Fractals are a great tool for technical analysis and enhance your Forex trading plan and FX trading strategies. Fractals are a very useful FX trading tool and technique: They provide a safe entry method. Even more...

Forex Trading Advice and Trade Example

A lot of folks are looking for forex trading advice these days. So, I figured I would pass this on to the whole Winners Edge community.  One of the things we look for consistency in the Trading room is USD strength or weakness and Yen strength or weakness. Then we...