Like some make a pact with the dark forces I’ve made one with the forces of light. It was inspired by this quote: “We should do away with the absolutely specious notion that everybody has to earn a living. It is a fact today that one in ten thousand of us can make a technological […]
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.
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.
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.
Latest Forex Trading Articles
The US dollar bull trend remained dominant in the European session although there were limited movements as markets awaited US data on ISM manufacturing as well as the key risk events of the week – being the European Central Bank policy meeting tomorrow and the US nonfarm employment report on Friday. The dollar briefly broke […]
The dollar index broke above a four-year high as sentiment for the greenback remained strong. The euro fell below 1.2600 to hit a 2-year low, placed under pressure by disappointing Eurozone inflation which eased again to its slowest pace in nearly five years in September. According to a flash estimate of consumer prices by Eurostat, […]
The euro was slightly stronger today despite Eurozone sentiment data not being very encouraging. German CPI data was slightly better in August but it will be Tuesday’s Eurozone inflation data that markets will focus on because this data is particularly important to the European Central Bank, which holds its policy meeting later this week. The […]
In a speech on Thursday in Wales, Bank of England Governor Mark Carney said the Bank is getting closer to raising interest rates. Carney mentioned that the UK’s economic outlook was much improved, and a rate rise was only a matter of time. He did however mention that the exact date will depend on economic data. […]
There was limited movement in the currency markets on Wednesday and the US dollar was broadly weaker, pausing a strong rally that took place in recent weeks. The euro was flat during the Asian and European session and began falling as the US session came around. There was a disappointing German Ifo survey on business […]
Business activity in the Eurozone expanded slower- than- expected in September according to data on the Purchasing Managers Index on Tuesday. The Markit Composite Flash PMI dropped to a 9-month low of 52.3, missing expectations for it to remain flat from August’s 52.5. However the index was above the 50 mark that separates growth from […]
European Central Bank President Mari Draghi appeared before the European Parliament’s economic and monetary affairs committee on Monday and spoke about the Eurozone economic recovery and the inflation outlook. Draghi pointed out that the central bank “remains fully determined to counter risks to the medium-term outlook for inflation”. He reiterated hat the ECB stands ready […]
Όπως έχει αναφερθεί εκτενώς στον τύπο, το σημερινό δημοψήφισμα στη Σκωτία ενδέχεται να έχει σημαντική επίδραση στις παγκόσμιες αγορές FX. Σε συνέχεια της χθεσινής σημαντικής ειδοποίησής μας και εις αναμονή του δημοψηφίσματος στη Σκωτία, θα θέλαμε να σας υπενθυμίσουμε ότι η μόχλευση των χρηματοοικονομικών μέσων που εμπεριέχουν GBP έχει μειωθεί προσωρινά στο 50:1 και ισχύει […]
Sterling was the main currency in focus today as the Scottish referendum gets underway. The pound rallied as high as 1.6379, up 0.6% since yesterday’s close. Today’s release of UK retail sales data helped support the pound a little although the Scottish vote is the main focus and acted as a catalyst to the move […]
The US dollar was broadly weaker today ahead of expectations that the Federal Reserve would maintain low rates late in the day. The greenback was weakened further after disappointing US CPI data which fell more-than-expected in August for the first time in over a year. The dollar dropped from an intra-day high of 107.34 against […]
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 […]
The economic calendar was light today but there will be major risk events later this week to look forward to. On Wednesday, the Fed will release its monetary policy decision followed by a press conference by Fed Chair Janet Yellen. Important inflation data from the UK, Eurozone and the US are due this week. The […]
Sterling was one of the biggest movers in the major currencies today, moving further off 10-month lows against the dollar to a high of 1.6263. The main catalyst for the latest move higher was the shift in poll data after the result of another poll showing “NO” took the lead in the Scottish referendum by […]
There were no important data releases out of Europe today, giving a chance for both the euro and the pound to stabilize. Meanwhile the dollar extended higher against the yen to reach a fresh 6-year high, helped by higher US Treasury yields. Market expectations on an early rate hike by the US Federal Reserve helped […]
It was an eerily calm European session on Tuesday, as the US dollar digested some of its recent gains and the pound managed to pause its slide. The US dollar had been strong overnight after a research paper from the San Francisco Federal Reserve indicated that the market and the public could be underestimating the […]