This is for my friends,especially my closest Sir G,miss you my friend we must talk soon,we have lots to catch up on.…
"what flavour is it?""well it's... seabird flavour, do you want some or not?"While an albatross used to be good luck before some idiot killed it, it is better known as a bad luck icon. It seems that my trading style has upgraded from magic 8 ball to albatross! I have my own homework charts and review them before I dive in but it seems that I am predicting 24hrs ahead. Currently I am a few thousand pips down over the past couple of months since I started trading, so my advice is to slow the roll, keep checking the data and if you spot a pattern like my 24hrs, trust your gut that it is going to continue. I've stopped trading and am now watching the pattern to see if my predictions come true, hopefully albatross will soon be shamrock and I will make those pips back up over time.
Recently I was thinking about how to make my trading better - how to increase the odds more. Thinking about many successful traders from the history, they used yet different kinds of a Market Cycle Theory. The need for such a theory arised from their own trading experince and so why not to use one for our own wealth creation? What theories are there and which of them can trader use for trading? Keep reading and you…
In todays blog I'd like to talk about the RSI. The very well known indicator available in every possible charting platform out there. There are many traders using it while being profitable traders, from what I can remember even Marty "Buzzy" Schwartz was using it with his Moving Averages and Stochs. And then as always in this business there are people who are using it, but can't find out what do they do wrong all the time... And so, I would share some thoughts (mainly gained from book by John Hayden which is solely about the RSI) what they might be doing wrong and what not.
From my point of view it is most important…
A Chinese man walks into a bank in New York City and asks for the loan officer. He tells the loan officer that he is going to China on business for two weeks and needs to borrow $5,000.
The bank officer tells him that the bank will need some form of security for the loan, so the Chinese man hands over the keys of his new Ferrari parked on the street in front of the bank. He produces the title and everything checks out.
The loan officer agrees to accept the car as collateral for the loan.
The bank’s president and its officers all enjoy a good laugh at the Chinese man for using a $250,000 Ferrari as collateral against a $5,000 loan. An employee of the bank then drives the Ferrari into the bank’s underground garage and parks it there.
Two weeks later, the Chinese man returns, repays the $5,000 and the interest, which comes to $15.41. The loan officer says, “Sir, we are very happy to have had your business, and this transaction has worked out very nicely,…
An extraordinary LBC interview between Nigel Farage and Marine Le Pen, the controversial right wing leader of France's Front National speaks.
Amongst the numerous topics covered in this lengthy interview, this French Leader of the current French opinion polls talks about the tension between European Leaders. Relationships with USA and Russia, the logical steps to let European nations have their own currencies which will naturally find their own values. "The Euro is a major European handicap". The special trade relationship the French and British could strike up. The blackmail tactics against the UK by the European Leaders. Marine praises the British people for deciding to leave the European Union. Marine also confirms the immediate suspension of the Schengen…
Come, Tell me your Forex Story. Join the Forex Foreign Exchange Market Forum and tell your Trading Story at Forexmospherians.com
I would love to hear all about your trading journey, where do you come from, when did you first become interested in Currency Markets and Trading, how long have you traded, what currency pairs do you trade, what type of indicators do you use on your Forex charts, are you a Fundamental Trader or do you use Technical analysis, what FX strategies do you use and what is your Forex trading plan?…
Current GBPUSD 4,800 pip Short
You have found the Forexmospherians and so the Question is: "What are you going to do now?"
Videos, Blog posts, photos and alerts are all available throughout this Forex Forum and so feel free to check the history GBPUSD and how I traded this pair and shared the analysis and Alerts.
Seek The Truth - Seek The Kraken
71 Forex Pairs and the Analysis is freely available here for every Time Frame and Beyond.
The following is Live Forex Technical Analysis for GBPUSD - The Forexmospherian Currency Kraken:…
Here are my thoughts
I am at heart a Forex scalper
I understand that a lot of money can be made with swing trading but my style is of scalping
Here is in a nutshell my method
M5 chart + macd + stochastics + bollinger bands
I have attached a chart as an example
I have made approx 15% in last two months
Here's a Forex message in a bottle - I may have mentioned this before but thought it just could add some value to someone someday somewhere:
The question is would it be fair to Forex Brokers if we posted what the Forex Markets would do for 71 currency pairs in multiple time frames, thus giving everyone here time to prepare.
I say no, that's not fair on the Brokers at all! and we never ever do it! (everyday nor with up to or greater than one weeks notice as per Forexmospherian Currency Kraken, FPA and CBA. Nor do we make numerous videos giving 12 months notice of what the markets will do neither. Nor do we code any posts nor publish videos that contain hidden Forex market alerts and messages. Just to name but a few items not available here!…
Trading Forex | Everything is Consciousness
After considerable thought given to a previous post called "Everything is" which I wrote many years ago and shared at another Forex Trading Forum called Forexstreet, I decided to go into this a little more and hopefully it will be of use to others who missed out first time around or for those who needed further information. So, lets get into this with a Free thinking mindset which is at the heart of Foreign Exchange Trading.…
I wish You from the bottom of my heart merry Christmas and happy holidays ! :) Lots of presents [pips ;)] under the christmas tree and enjoy the great christmas atmosphere with all the people You love and like :)
And Christmas in Canada be like :o) Hope this will avoid us all :)
I am an occasional chess player and there are many quotes and proverbs about chess that can be viewed as trading Forex :) I would like to share some of them with you and also would like to know what you think about it whether it is same as a Forex trading strategy, similar or absolutely unrelated to trading in the Forex currency Markets. ;)
I would like to add one picture everyday.
So the first one is:
What do I think about it... Is probably that I was too much concentrating on the openings of my Forex trades rather than the middle game or endgame in the process of learning currency…
As once a well known czech lobbyist Mrazek said: "There are only two types of people, those who are for sale and those who you can buy."
Can Clintons be added to any of above mentioned category? Well after watching the below shared documentary, at least for me, they definitely can be.
It has also twisted a little bit my view of global politics. As long as I thought it is the US which is 'winning' over Russia in their global geo-political games but it seems it's more than easier for Russia to back Clinton Foundation and take over any important industry.
A lot of facts could be manipulated in the documentary as I don't have so much time to check its trustworthy but at least one thing is very clear which we should not forget: "It is all about the money!"…
Forex Traders and Educators Wanted Dead or alive. (Preferably alive!)
Why not join Forexmospherians.com and share the latest posts, alerts, updates, news and great company with some of the best Forex Folk online.
They say the best things in Life are for Free and so this probably includes the Free Membership at Forexmospherians.com :0)
Alternatively sit on a cold wet rock like a Bull Frog and dream about that perfect Trade and Forex Forum you missed out on!
Sign up/Sign in to join Forexmospherians.com we…
2016 The Great BREXIT Escape Year from the European Union. A remarkably fantastic achievement by the British people for not falling for every Politrick in the book from Britain and Europe's leading liars statisticians, economists, columnists, politicians, news and media and of course the circus side acts from the latest celebrities. BREXIT played out with the normal underhand tactics along with some new ones too. However, congratulations to all for voting to leave the European Union at long last. Britain once again shows Europe and the rest of the World the way home and onwards to new beginnings. Lets…
Brexit and more: Here are the two main contenders for the British Leadership Boris Johnston and David Cameron in action with some witty banter from youtubers.
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