Archive for December, 2007

My Top 20 Forex Blogs


In the world of trading forex ,one of the most difficult things is to find good material to read .Forex forums are good but some of the information you get there is shady to say the least. Forex blogs on the other hand are very hard to find. It is a testament to the ease at which people lose money trading forex. It is nearly impossible to find a forex blog that has been around for more than 3 months consecutively. The reason is simple.

I set up a forex blog that is going to show you the newest and best forex system and I post everyday showing you how I made money trading forex. After 3 weeks of the market trending, your system starts failing and walla, you have nothing more to post on your forex blog. Do not fret, that has happened to nearly all forex traders so relax.

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6 Steps to a Realistic Forex Trader


I have talked before about the need for a trader to be realistic and not take forex trading like a game.Take it from me, if I had saved some of the money I have lost trading, I could have bought a few shoes. Now for those who think that this will end as soon as you have been trading for sometime, then think again.

I do not know of any business on this earth where everything is just fantastic, everyday ,every time, any how . Even Donald Trump was bankrupt and he owned buildings I might never be allowed to go into.

One of the things that how to start winning again was the need to set realistic forex goals. I do not mean do not go for the million. Everyone has their goals and mine is definitely different from yours. So set your own !

We talked about what would happen to any forex trader who does not set realistic forex goals. Lets try to be positive here for a moment and see what we can do to try have realistic goals.

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Cornflower Forex Trading System


The cornflower trading system is probably one of the best ema based forex systems and has been discussed a lot at the forex factory . I say it’s one of the best because I prefer simplicity in my trading rather than having one million indicators all saying one thing.

It is just a good basic ema crossover system and I like it so far.

It uses four ema’s

  • 8 ema – which is supposed to show the fast money in the market
  • 12 ema – which is supposed to the trend for the past half day
  • 24 ema -
  • 72 ema – showing the main trend in the market.

Cornflower Original System Rules

The original cornflower system is applied to only the 1 hour charts and the 30 minutes charts, though we have managed to use it very well in 10 min charts, 60 min and Daily charts which we prefer . Read the rest of this entry