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Forex Trading 101

Pedal to the Metal
Fri, 18 May 2012 13:47:15 GMT

Last week I posted a Twitpic of New York city bus poster that had two pictures of the same face. On one side the face was completely battered on the other it was perfectly preserved. The tag line read, “Hit at 40 mph, Hit at 30 mph” emphasizing the point of adhering to the speed limit in New York city. The ad was stark and very effective communicating succinctly the danger of pressing your luck. At its core the New York city bus ad was all about tipping points. Press on the gas pedal just a bit

Proactive Investing & Retirement Trends
Fri, 18 May 2012 08:31:35 GMT

John O’Donnell sits in for Merlin and interviews Paul Orme who teaches at Online Trading Academy on big picture market and the history of ProActive Investors markets, depths and times. John and Paul also discuss retirement trends as great indicators of inflation and deflation erode values. Click on the image below to download the mp3 file:

Why Do Those Euro Zone PMIs Matter?
Fri, 18 May 2012 07:41:07 GMT

Unlike the Hunger Games movie which garnered plenty of rave reviews in its opening week, this month's set of euro zone flash PMIs turned out to be a huge flop. What exactly do these figures measure and why do they matter? PMI, which stands for purchasing managers' index, is basically an indicator of business conditions in an economy. It takes into account the various factors affecting the industry, such as the level of employment, production, new orders, inventories, and deliveries then rolls

5 Common Mistakes Newbie Traders Make
Fri, 18 May 2012 07:33:01 GMT

It isn't always easy being a noob. Whether it's in taking on a new job, starting your own business, or trying out a different sport, the degree of uncertainty in a new and unfamiliar undertaking can sometimes be overwhelming and push you to commit mistakes. Trading is no different. Here are five of the most common mistakes that newbie traders make: 1. Trading Without a Plan or Journaling Even noobs fresh out of the School and in their first week of trading know that the market is as

The ITC 2009, the Spirit of a Minority
Fri, 18 May 2012 12:37:19 GMT

This article is part of the "International Trader Conference Update Call" series published by the FXstreet.com staff to review the strategies and experiences explained and lived during the last 5 years of ITC s. Gonçalo Moreira, FXstreet.com's Expert Adviser, tries to explains in this interesting article the main points exposed during the ITC 2009 edition. The ITC 2009, the Spirit of a Minority If any one of the participants thought they knew everything about chart construction, our guest

Forex Ranking: 5 years later - Ron Schelling
Fri, 18 May 2012 12:48:54 GMT

The last 5 years a group of Forex experts have been invited to Barcelona to share their knowledge with the entire Forex crown at the International Traders Conference . They answered the call and joined the FXstreet.com's headquarters city for three days with their own strategies. Today, 4 editions later, they survive in the worldwide crisis ocean with their updated strategies. If you would like to know how these tactics are currently working, how they have been developed and then make your own

The U.S. & European Economies
Thu, 17 May 2012 08:11:12 GMT

John O’Donnell sits in for Merlin and interviews Jose Blasco from Spain. Jose teaches at OTA on big picture market and history of markets, depths and times. John and Jose also discuss forex as great indicators of inflation and deflation ie euro vs dollar index. Click on the image below to download the mp3 file:

Making Your Strategy Automatable and Singapore
Wed, 16 May 2012 13:05:47 GMT

In this episode, Rob Booker interviews “Mr. Automatable,” James Chen, who educates traders and is the director of technical analysis at FXDD in New York City — one of the premier MetaTrader shops. Rob talks to James about how he got started in trading and how he got his current position; they discuss the other markets that James watches — in addition to forex. Rob asks James about his move from discretionary trading to non-discretionary trading, and how he gravitated toward an automated set of

Tuesday with John & Jeff
Wed, 16 May 2012 08:02:10 GMT

John O’Donnell sets in for Merlin and interviews Jeff Manson on the big picture market. They discuss the history of the bear markets depth and times. They also discuss fibonacci as a great indicator. Click on the image below to download the mp3 file:

A Key Odds Enhancer, Often Overlooked
Tue, 15 May 2012 15:34:52 GMT

All market speculators share the same goal, which is to enjoy consistent low risk profits. To accomplish this goal, you must be able to identify market turning points as this is the only way to attain low risk and high reward entries into market (trading) positions. Whether you are a short-term day trader or a longer term investor, nothing changes. Identifying key market turning points is the only way to attain the ideal risk/reward opportunity. Leading Extended Learning Track (XLT) sessions