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Why Do Most Forex Traders Lose Money?

It is a widely known fact that most people who trade Forex, or foreign exchange currencies, lose money in the long run. To put a specific number to it, 90% of traders, or even more, lose money and end up closing or abandoning their account. By understanding the root cause(s) of failure for the majority […]

USDCAD 4hour Chart July 2nd 2020

Bulls are strongly defending the support area which should result in a fast upside move for the USD/CAD.  Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on MetaTrader 4. Click below to open a Free Demo Account with […]

GPBAUD hourly chart July 1st 2020

Along with many AUD pairs, the GBP/AUD might also move in the direction of the strong Australian Dollar, and perhaps this will be the final wave to the downside.  Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on […]

NZDJPY 4hour chart June 30th 2020

NZD/JPY still trending up, although there is a very high risk of a trend reversal and therefore we are only expecting one strong wave to the upside.  Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on MetaTrader 4. […]

The Forex Market, short for foreign exchange market, makes over $5 trillion worth of transactions per day, making it the largest financial market in the world. Aside from the liquidity that this behemoth of a market brings, Forex also has a low barrier to entry, with live trading accounts starting as small as $10. So, […]

AUDUSD 4hour chart June 29th 2020

Across the board, the Australian Dollar still seems to be ready to outperform most if not all other major fiat currencies. While AUD might be very strong as expected, it will likely outperform AUD as well, sending AUD/USD price up, at least in the medium term.  Disclaimer: The analysis presented in this article is […]

is Forex Trading Addictive

Trading is different than gambling since it’s not reliant on luck, but people can become addicted to making money through the financial markets. Knowing the signs and ways to overcome a forex addiction can help you avoid becoming a victim to this situation. Is forex trading addictive? Yes, it can be. Activities that people enjoy […]

AUDNZD 4 hour chart trade idea June 26th 2020

Along with many AUD pairs, AUD/NZD is expected to rise. The wave up might start either today or early next week.  Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on MetaTrader 4. Click below to open a Free […]

EURGBP Hourly Chart June 24 2020

The EUR/GBP downside correction might be starting very soon, but only if the price remains below the recent high at 0.9078. The closer price gets to that key resistance, the better the Risk/Reward ratio can be obtained.  Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered […]

CADCHF Daily Chart on June 22 2020

Previously we had few CHF related ideas, on AUD/CHF and NZD/CHF. All of them are pointing out in the direction of the weak Swiss Frank, and CAD/CHF is not an exception.  Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was […]

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