A Million USD Forex Strategy (Part 1)

A Million USD Forex Strategy (Part 1)

In this article, we will reveal popular long-term strategies. It is called, "a million USD forex strategy." I know that all Forex traders, including myself, are especially fond of trading strategies. This is a very simple, yet highly effective and profitable trading...

Master Candle Setup Example

Looking at a weekly USDJPY chart, you will notice that we have embedded weekly Master Candles set up. For those of you unfamiliar with Master Candles, they are candles that engulf the next four following candles. Trading a break of a Master Candle on any time frame...

Manual Trading or Automated Trading?

These days, there is a lot of discussion about automated trading vs manual trading. One of the main things that caused these discussions is the flood of automated trading systems increasing in the marketplace. There are THOUSANDS of Forex trading robots out there, and...
Trading Volume In Forex For Beginners

Trading Volume In Forex For Beginners

Hello, Forex Traders! Have you ever traded futures and/or stocks? Irrelevant of the answer, everyone knows how important volume is the analysis of stocks and futures. Volume, open interest and price action are the key components in trading decisions. Did you notice...

Forex Trading Strategy Evaluation Methods

If you want to maximize your forex trading strategy to get maximum effectiveness; it is important that you develop a system and process to evaluate your performance. I will outline the exact steps I use to help me improve the performance of my strategy optimization...

High Probability Trade Setups: 4 Methods

The Forex market is constantly offering lower and higher quality trade setups. It is our job as traders to scan, recognize, select, enter and exit the ones with the best odds and reward to risk. The best way is via a strategy. A Forex strategy helps identify setups...

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...
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