PRICE ACTION FOREX TRADING

I am very aware that trading can become a drug and can cause addictive behavior, but I want to share with you some tips to combat becoming a "market head" lol 

Tip 1: Find other things to do that don't involve trading (Sports, Working out, Wacth tv, and something that may be the most important SLEEP!!)

Tip2: Move to higher time frames (This will move your screen time to a minimum. You will not have to be at the charts for hours on in trying to ...

The slogan knowledge is power has been tweaked by none other then me. It his now been changed to "knowledge is confidence" I believe this is true when it comes to forex. I think that many traders fall victim to becoming emotionally attached to the market. One thing that a trader knows is that the market will move in any desired direction whether you like it or not. Why be in love with a market that doesn't love you back.  No but really there is a better way to become a confi...

Here is what the candlesticks represent.

Be careful trading the yen pairs. I suspect that there will not a lot a volume causing minimal movement in the market. So beware and if in doubt stay out! GOOD LUCK!!

Why trade higher time frames?

 If you have just entered the world of forex you  probably are sitting at your computer making trades watching your account go up and down like an erratic gymnast. I know I've been there. Trust me you are not alone. Many kill themselves trying to trade this way. Trading off of lower time frames is mentally and physically draining. You can literally go CRAZY trying to map the market and make soli...

I don't actually trade the news but I use the news and the time they are gonna be released to enter or exit a trade. This is a site that you can use that allows you to see when important news events are coming up. The news I primarily take notice to are the news releases in red. HERE IS THE SITE

http://www.forexfactory.com/calendar.php