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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

European Session – Euro steady after German ZEW, markets look to FOMC

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The currency markets were relatively quiet today as focus was shifting towards upcoming event risk later this week. Investors are reluctant to take on new positions ahead of the FOMC announcement on Wednesday and Scotland’s referendum for independence on Thursday. Most major currency pairs traded within recent ranges, with little movement despite some data releases […]

European Session – Sterling extends losses to fresh 10-month lows as Scottish referendum draws near

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Sterling extended losses to reach a fresh 10-month low of 1.6102 as markets were spooked by the likelihood of Scottish independence. The catalyst for the pound’s weakness came after a poll on Sunday showed that the “Yes” campaign for an independent Scotland gained more ground recently. The uncertainty that could come if the referendum shows […]

European Session – ECB rate cut, ABS purchase program plunges euro to 1.30 level

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A surprise 10 basis points rate cut by the ECB, driving the key refinancing rate down to just 0.05% as well as a decision to begin the purchase of asset-backed securities made up of loans to the private, non-financial sector, drove the euro substantially lower during today’s European session.  This was a surprise to the […]

European Session – Euro fragile after weak Eurozone manufacturing PMI

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The euro was trading near Friday’s levels against the dollar after touching fresh one-year lows at 1.3118, the lowest since September 6 of last year. Pressuring the single currency was weak Eurozone manufacturing activity data. The final August manufacturing Purchasing Managers’ Index (PMI) came in at 50.7, the lowest in over a year and below […]

Weekly Forex Trading Price Charts of September 1st – 5th 2014

Weekly Forex Trading Price Charts of September 1st – 5th 2014

http://www.axitrader.com.au/forex-trading-broker.aspx?promocode=12-428600   In this video I look at 4 of the charts that I’m paying attention to, some with live trades. Join me in trading the forex markets and let’s trade together. Related articles across the web My first USDZAR Trade with AxiTrader Forex Trading with AxiTrader New Currency Pairs From AxiTrader Australian AxiTrader Launches […]

European Session – Euro vulnerable after weak data, dollar boosted by upbeat US GDP

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The euro was weak as data from the Eurozone was disappointing, with falling consumer and economic confidence and German inflation numbers being soft. Eurozone sentiment surveys were overall weak and German CPI was flat in August, in line with expectations after a 0.3% rise the previous month. Economic morale in August was the worst since […]

European Session – Broad dollar weakness helps stabilize euro, sterling

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The US dollar trimmed recent gains today in a relatively quiet day that lacked key economic data releases. The only data out of Europe was on German import prices which dropped more than expected by 0.4% month-over-month instead of 0.1% drop forecasted. Also the German  GfK Consumer Climate index disappointed by showing confidence the Eurozone’s […]

European Session – Dollar jumps as US durable goods orders surge to record highs

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The dollar is strong and hovers at its highest level against the euro in almost a year as the divergence between Europe and the United States grows. As the US economy shows continuing signs of growth, economic prospects for Europe are dimmer, leading to speculation of looser monetary policy from the European Central Bank. Poor […]