I received the following question from a trader sitting with an underwater position. I am long USDJPY above 155 and need some guidance. Could... Continue reading
What I have always loved about our Forex Forum is you never know when someone will post something that catches your attention, especially when... Continue reading
Many new traders have not experienced intervention and even those who have traded on this event, it pays to have a refresher to see which... Continue reading
Fibonacci Retracements are NOT Flawless — They Break Did you truly believe that there was any single variable in the world of trading that... Continue reading
There are many reasons new traders lose money in the markets. Inexperience is one of the biggest. New traders usually lack the knowledge, skills,... Continue reading
With USDJPY extending its high marginally to a 34-year peak at 151.97, Japanese officials have stepped up verbal intervention warnings. As a result, Japanese... Continue reading
With USDJPY setting a new 32-year high, traders are keeping one eye out for any hints of intervention, This has seen Japanese officials step... Continue reading
What is Traded in Forex? It’s an easy answer… money — various national currencies are traded. Since you’re not buying an actual item from Amazon... Continue reading