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Types of Forex Scams and How You Can Avoid Them

When you first start telling family and friends that you are going to be trading forex, you can expect at least one person to warn you, “Don’t! Forex is a…

Top 8 Forex Newbie Mistakes

If you are just starting out with forex trading, you can do yourself a big favor by simply avoiding making common novice trading mistakes. In this post, we go over…

8 Questions to Ask Yourself When Choosing a Forex Broker

There is a lot of advice out there to help you choose a quality forex broker you can trust. In fact, one of the key purposes of our website is…

What is Fundamental Analysis

What is Fundamental Analysis? Have you ever said to someone something like this? “I think the price of the Euro is going to drop because of .” Or maybe a…

What is Technical Analysis?

Trading forex successfully requires the 3 “Ms”: mental, money management, and method. For the method, you can choose between a system that uses fundamental analysis, technical analysis, or price action.…

What is Price Action?

Most people think of fundamental analysis and technical analysis when they consider methods they can use for trading forex. But there is a third option as well, called price action.…

10 Common Price Action Patterns

If you are looking for an elegant way to trade with minimal noise on your charts, you cannot beat price action. In this guide, we are going to introduce you…

Where Can You Find a Forex Trading System?

In the post “The 3 “M”s of Forex : Method, Money, Mental,” we discussed the importance of finding a trading method or system for forex. This is simply a set…

How Do You Backtest a Trading Method?

In our post “Where Can You Find a Forex Trading System?”, we gave you some tips for how you can find or build a forex trading method. The next step…

Is There a Holy Grail of Forex Methods?

Sometimes, you will hear people talking about the “holy grail” of forex trading. In theory, the “holy grail” is a forex system that is so foolproof, so consistent, that it…