150+ pip profit with COT
Many traders ‘in the know’ are aware of the powerful Commitments of Traders report compiled in raw form each week by the US Commodity Futures...
The U.K. Deficit is similar to Greece’s
Faced with the prospects of a double-dip recession, a devalued pound is needed to save Britain’s fragile recovery. Compared to the 11 top-traded world...
Cary Trade Opportunities
Differences in interest rates present ‘carry trade’ opportunities, wherein traders borrow in one currency, and invest in another, thereby profiting off the difference in the...
What are “long” and “short” positions?
A long position is one in which you buy a currency at one price, with the expectation of selling it later on at a higher...
What is a “PIP”?
A pip is the smallest increment a price moves and it determined the profit or loss. For instance, the EUR/USD pair moves from 1.2500 to...
What is the “Spread”?
The spread is the difference between the price that you can sell currency at (BID) and the price you can buy currency at (ASK). This...
Which currencies are traded?
Any currency backed by an existing nation can be traded at the larger brokers. Forex currency symbols are always three letters, where the first two...
Long Run Reversals
What happens to long runs? Bottomline, long runs always end. Look for long runs up or down as they can make money for you. This...
The Trading EDGE
Most of us, when we are “newbie’s”, have the perception that trading is easy, or at least it is not rocket science. We think that...
Who Manages Risk Anymore by Mark K.
Nobel Prize - winning economists and “genius’” Myron Scholes and Robert C. Merton were founders of Long Term Capital Management, which in 1998 lost $4...
Practise, practise, practise.
You know the story of the tourist in New York who asked: “How do you get to Carnegie Hall”? The answer of course is: “Practice,...
Margin is ‘your money’
Traders who trade the forex are looking to make as much money as possible with the least amount of their own money. This is...
Trading is about probabilities
Submitted by Peter R. Bain, Tue., Feb. 23/10: Trading is about probabilities – price will ‘probably’ do this or that, based on evidence and sound...