Forex Trade Setups
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 […]
Australian Dollar vs Natural Resources
The Australian Dollar is flying to new highs due to increased demand and
prices in the natural resources arena. The Australian export list is half
natural resources, the remaining is made up with the booming Cotton
markets.
As prices rise greatly in metals such as gold, which is a top Australian
export, the dollar moves […]
Trading Forex with Fractals
When we discussed the top 5 ways To Improve your Mental Forex trading we saw that it is important to understand your trading system and from the discussion on how to setup a forex system # 4 we continue with the first indicator we shall be using.The Forex Fractals
What is a fractal
A Fractal is […]
What is the Yen Carry Trade
In yesterday’s top currency news, we discussed how major banks can see the yen carry trade coming back.
A Carry Trade is simply an investment strategy where one borrows an asset at one interest rate, sells the asset, then invests those funds into a different asset that generates a higher interest rate yield. Profit is […]
USDCHF Trade
Going with the current goal of 50 pips per week our current trade was entered yesterday on USDCHF buy at 1.20054 and the take profit was at 1.21194 .
So far the current price is at 1.20819 for some 76 pips ahead and the stop loss is at 1.2034 for 30 pips set profit. We […]
Quick Forex Trade
buy Gbpusd at 2.0599
sell usdchf at 1.2054
