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Archive | Forex Trading

My story with Forex Trading started some years ago but its only recently that I’ve become very strategic about making money from the markets. I’ve found an excellent course and starting to create a community of traders who are supporting each other. Join us.

If you’re totally new to forex trading and you want to start your career with the best then listen up. This industry can be very lucrative, but there’s also a whole lot of scams, overpriced education, dodgy brokers, promises of automatic profits and trading robots and blogs and forums galore. In this blog, I hope to document my adventures in trading the various currency pairs as well as provide a sounding board and lay a trail for other potential traders to follow.

The first thing is to find a broker, secondly a mentor and a credible teacher to teach you the art and science of trading. Then its up to you. The more diligently you can practice the discipline of trading, and it really is more of a discipline of methodically following a coherent plan, the quicker you’ll become an experienced trader knowing firstly when to enter and exit the market and having the experience of realising that risk/reward is the key to trading.

But I’m getting ahead of myself. First Step is:

Finding the right Forex Broker to Open an account with

After a great deal of searching, I’ve decided to go with AxiTrader and its mainly got to do with the mentor I’ve chosen. You can also check out this price action forex trading course which I think is fantastic. Its affordable, . If you don’t know what Price Action is, here’s a great article that explains it.

Forex VPS

If you have a PRO Axitrader account, they give you a Free forex VPS on a server but if you already have your own broker then check out Forex VPS, they have some good plans.

Contact Me

For more information about any of these opportunities please contact me and I’ll help you get involved the right way. My mobile number is (082) 561-4455.

axitrader

Latest Forex Trading Articles

Asian Session – US dollar trading cautiously ahead of Fed statement

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US dollar traders were cautious about pushing the currency higher ahead of the Federal Reserve announcement later today.  The dollar was hurt yesterday by weaker-than-expected durable goods orders data for September, which cast a shadow on just how strong the US economy was and whether business investment would increase thereby creating the conditions for more […]

Asian Session – Euro drops on expectations of extra ECB stimulus, aussie flat after CPI

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The euro was holding near its 1.27 low of the past week at 1.2730, as speculation that the ECB would inject extra stimulus into the ailing Eurozone economy meant more selling of the single currency.  Specifically, the rumor – reported by Reuters as it had several unnamed sources that confirmed it – was that as […]

Forex News – American consumer sentiment strongest in 7 years according to survey

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The US dollar rallied above the important technical level of 106.00 yen on Friday after being boosted by an upbeat American consumer sentiment report. The closely watched University of Michigan/ Thomson Reuters index on consumer sentiment in October rose to the highest in more than 7 years to 86.4. This was above forecasts for a […]

European Session – Yen rallies on safe haven status on risk selloff continuation

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The yen was the main beneficiary as risk assets continued to decline, while the dollar managed to gain versus the euro and the aussie but fell against others.  High-yielding currencies were also sold on worries that carry trades would entail too much risk. The euro dropped back below 1.28 around 1.2750 as European stocks fell […]

European Session – US retail sales hurt dollar, US Treasury yields tumble

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Stronger than expected UK employment data helped prop up the pound today. The ILO unemployment rate fell to fell to a six-year low of 6.0% in August from 6.2%. The number of Briton’s claiming Jobseeker’s Allowance in August fell by 18,600 but was less than the 35,000 decline forecast. The average three-month wage growth excluding […]

Forex Brokers in South Africa

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My first South African based forex brokers broke my heart so badly with their lack of attention to me as an IB and client and seemed to just be interested in money.  But more than that they were selling an overpriced and overhyped course (it was very glitzy and professionally produced) but really it didn’t […]