► IntroductionThis article is a continuation of "Profit from Trend Lines' Confluence". In the previous article, we talked about how to profit from trend lines' confluence. We learned to draw trend lines and mark an area around two trend lines' confluence point. Then, we just wait for price to test the confluence area and enter a trade.In this article we will take a closer look at trend lines…

This article is the answer to the article “How I Made 1000% in 36 Hours”.Developing of trading skills and attitude can be divided into 3 stages:1. Gambler with Sports attitude.2. Professional trader with Job attitude.3. Master with “market is money making machine” attitude. Sports attitude In sports we have longtime preparation and short-time action. This is how it works. If you want to …

In this article I want to share my 3 trades taken last week on my LIVE account. These trades were taken according my trading approach described In my last article. Because this is not a signal service, article is written after trades. My trading is based more on technical analysis than on fundamental. Everybody who is watching forex market knows what the moves happened last week. For each trade…

The higher the volatility of the market, the higher the potential profits from the transactions. This assumption seems to be true. Higher volatility means higher risk and higher-risk investments generally carry a potentially higher returns. Note, however, that with the higher vola…

Why does the Market Range? The Market is said to range or consolidate 80% of the time during which Price Action does not trend but instead moves within a channel between Major Support and Resistance levels often from the larger time frames.…

Firstly, I am not writing this to show off. My main reasons are: 1) To put my experience into an article, so I can read it later and motivate myself, that if you are lucky enough you can make pretty substantial gains. So basically I am writing this for myself but giving it away for others to see. 2) When I saw big gains I allways wanted to see it trade by trade explained by the author. 3) One of t…

TIME IN FOREXJune 7, 2013 Time time time what an important concept. It’s difficult to really estimate how important time in the Forex market is. Sometimes if you really think about it, it’s everything! So was a good example yesterday in the EURUSD and GBPUSD it was a time to buy!!! GBPUSD EURUSD…