Monday, November 26, 2012

The Importance of Psychology in Trading

The Importance of Psychology in Trading


Trading PsychologyIn past articles, I have told my readers about the quality trading seminars I have attended through the years and how beneficial they are to anyone seeking knowledge and wisdom on the road to becoming a successful trader. The other night I was browsing through the workbook from a Technical Analysis Group (TAG) conference I attended in 1996.
These TAG workbooks are packed with valuable information presented by all the speakers (usually 20 or more) at each conference. As I was thumbing through this particular workbook, there was a common theme espoused by the majority of presenters at the conference: In order to succeed at trading, it's not only important to strive to learn more about markets and trading tools, but it's also very important for a trader to know himself or herself. This is part of the all-important--but sometimes overlooked--aspect of "trading psychology."  Read more

Sunday, November 25, 2012

Million Dollar Traders - Episode 1

Eight ordinary people are given a million dollars, a fortnight of intensive training and two months to run their own hedge fund. Hedge fund manager Lex van Dam wants to see if they can beat the professionals and expects a return on his investment too... see complete 3 episodes here http://forex-quebec.com/Million-Dollar-Traders-Episode-1.html



Get your 100% Risk FREE Trading Account here ⇒ http://bit.ly/ShaEeU and see if you have the potential to start your own edge fund!

Monday, November 19, 2012

EUR/USD holds above the 200-day SMA at 1.2725

EUR/USD holds above the 200-day SMA at 1.2725

EUR/USD pair during Friday trading session moved down and in a daily graph tested the SMA for 200 bars at 1.2725 and in a H4 graph reached the lower line of Bollinger Bands. Currently, the price has slightly increased and is traded at 1.2758. 

If upward trend scenario takes the scene, 1.2800 level will be important with the monthly S1 level and the 200-day SMA. And if the price turns to south, 1.2725 level will be the first support, as the 200-day SMA and the 100-day SMA converge, and 1.2630 level will be the second, as the monthly S2 and the lower line of Bollinger bands intercept. Read more

Tuesday, November 13, 2012

Forex Majors Banks Forecasts - November 2012

Forex Majors Banks Forecasts - November 2012


Forex Banks Forecasts - November 13, 2012FX Majors forecasts for EUR/USD, GBP/USD, USD/JPY, USD/CHF and EUR/JPY from major banks including Bank of America Merrill Lynch, Bank of China, Bank of Montreal, Barclays Capital, BNP Paribas, Credit Agricole, CIBC, Danske Bank, Morgan Stanley and many more. Forecasts are submitted on November 9... Read more

Thursday, November 1, 2012

Tadawul FX is transforming into Liquid Markets

Tadawul FX is transforming into Liquid Markets


Tadawul FX: Over the last six years, we have grown exponentially and have become a leading contender in the forex sector. The goal has always been to provide the best execution and service, and by extension enable you to be part of the winning circle. After all, winning matters.
Liquid MarketsThe Forex market is often described as the world’s most liquid financial market with over $4 trillion traded every day. Our rebranding to Liquid Markets reflects our passion for the forex market; where liquidity is the key.
Our new management team brings with it an ambitious strategy to build on our existing success. As the newly appointed CEO, with 18 years of experience in the field, Nick Bang brings to the company an unparalleled level of knowledge and expertise.
Our continued expansion with new offices opening up in London and other locations, is phase one of our strategy. Our new features are all about enhancing the trading experience we offer you and providing the best in execution by use of cutting edge technology. New agreements with top-tier liquidity providers and our commitment to the most competitive trading conditions, will ensure we offer you the same award-winning service you are accustomed to, but on a whole new level. Read more