What is the meaning of news events in the world of FX trading?

April 26, 2024

In an imaginary world where the flow of news is very much controlled by the mainstream media, it is natural to believe that there is an agenda behind the news. In that imaginary world, somebody is selling you a lie, trying to make you believe in it.We all know that such things are not possible, …

Do you really want to go for a break-even?

March 31, 2024

Let’s address the concept of using a break-even stop loss level. By definition, it is a safety measure against possible losses. However, it easily becomes a meaningless practice considering the following ideas. #1 – A safety measure means protection from an unknown event. In the context of trading, it means the trader has no clue …

The two sides of the screen

March 13, 2024

When it comes to trading, understand there are two sides to the screens we all peer though. Do you ever wonder how the picture appears on your screen, the one we stare at for hours on end, trying to find a clue as to what to do at any given time? Most people don’t. They …

How many currency pairs to trade?

March 1, 2024

Most people, especially beginners, associate trading with a frequently displayed picture of a trader looking at tables of asset prices, multiple charts, the flow of news and some kind of technical indicator(s). Sometimes a room full of traders are pictured. Such pictures suggest that there are moves and a lot of action that the trader …

Few words about trading platforms

February 11, 2024

Have you ever wondered why it is so difficult to draw certain things with the tools of your trading platform? Ever wondered why a certain view of candlesticks is simply impossible to materialize or why you have to click unnecessarily over and over again? Now, I am not going into naming any of the trading …

Do you speak the language of forex price movements?

January 20, 2024

Let’s talk about the language of forex price action today. It will be a provocative article – or an article that is intended to poke you – to raise consciousness of a phenomena that so few people have the eyes to identify in the charts. Any chart a trader opens, any timeframe a trader selects, …

How to address time in forex trading?

January 7, 2024

I shared an article on timeframelessness the other day – “Understanding the concept of timeframelessness in forex trading”. The article emphasized that there is way more to chart reading than looking at candle sticks the way they are presented to us – equal length slices of time. Congratulate yourself if you used your brain and …

Understanding the concept of timeframelessness in forex trading

December 28, 2023

One of the most important considerations a trader should give to price movements is the concept of T I M E F R A M E L E S S N E S S.Well, you have read it right and today I want you to give serious thoughts to timeframes, assuming you keep staring at …

Is it possible to predict price movements?

November 1, 2023

Today I want to talk about price predictions. First of all, lets clarify what the elements of a price prediction are. Price moves from one location to another, so location or destination of a price movement is an important element. The second element is the way price is expected to move. One can predict movements …

How many currency pairs to trade?

October 28, 2023

Most people, especially beginners, associate trading with a frequently displayed picture of a trader looking at tables of asset prices, multiple charts, the flow of news and some kind of technical indicator(s). Sometimes a room full of traders are pictured. Such pictures suggest that there are moves and a lot of action that the trader …

So you want to be a funded trader? (II.)

September 30, 2023

I have completed Phase I and Phase II within a month. Phase II took me 3 days but since the minimum trading days are 5, I left a little bit more to make next Monday. I am sharing the results below and of course I can share all details if anyone wants to know more. …

So you want to be a funded trader? (I.)

September 17, 2023

I heard about this funded trader thing 1-2 years before. Somehow I was not interested until I started participating in a Discord group and the guys in it were going for it. So I got into it as well and here are some of my conclusions. Let us assume that those providing such opportunities are …

Make sure to understand forex accumulation!

September 3, 2023

Price movements are made up of elements that are part of a story. We can call it a drama or a soap opera. Do you know those soap operas, endless stories that are made up of the same elements, shown to you in thousands of different ways? What do price movements boil down to in …

Internalizing FX trading concepts

August 11, 2023

Successful trading depends on plenty of things. Let’s take a look at a key factor, internalizing concepts. When one trades, price is in a move. When price is in a move, conditions change. Price itself is in a flow and the trader must flow along. Considering that price starts its move somewhere and end its …

Always have a question!

August 8, 2023

Questions are important. Many times when we have one, we seem to receive an answer almost immediately. Either from our own self or from somebody who we ask. It is the same with forex trading. While staring at a chart, we should have questions. It is a good practice to have an internal conversation or …