NiaTradingSignals

I have said this before and I hope people listen. Trading is not a get rich quick scheme. You will be better served opening a 401k or buying shares to hold than trading thinking that you are going to make a million this year. I had those hopes but discovered to keep my sanity; I trade to buy time to do other things that I like not to be a millionaire.

There are two schools of traders: technical analysts who trade of charts and fundamental analysts who trade of the news and the underlying conditions of the market. I prefer the middle path where you use one or the other to confirm the other trading method. I like technical trading but don’t mind a bit of fundamental analysis to confirm my position.

Fundamental traders tend to be long-term traders and spend most of their time looking for shifts in economic conditions eg the present mortgage issue in the USA could lead one …

One of the most difficult things that a new trader has to do is to get a winning track record with his trading system.I know I have said that forex systems are useless ,but it would be worse for you without one. Any trading system is better than guessing. The goal should be to come up with your own trading style. It takes time to come up with your own forex trading plan. In the mean time the new trader should concentrate on getting an education either through …

In case you did not read the headline I will say it again: Forex Systems are useless.
I think I have spent enough time to learn that it’s not the system, it’s the trader. All you have to do is Google forex system and you will have over 1.7 million results. Really? Can there really be over 1.7 million forex systems out there that work?If you live in America you have seen them 4xmade easy, esignal,2k per week in forex, ; Come on. This is a great way to …

I have received a lot of emails about members not being able to access the forex site and the forex forum.
I have been forced to hold on to the forex forum and not allow new members or new posts there until I can solve the spam issue.At the same time we are updating the site to be able to hold our previous videos and also new videos.The older videos are from the first owners of the site but we shall have at least 3 videos a week on our trading. …

How to Trade Forex
Guppy Crossover Forex Trade
This is an anatomy of today’s forex trade. Note that the forex chart I use is xtick after being introduced to it by alex.
Monday the market moved up after 11am on march and the price bars crossed the multiple moving averages. This is an excellent example of the guppy crossover. Only two things can happen after this.