NiaTradingSignals

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 …

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 …

As you know I like keeping my weekly goals simple and forget about trading forex for the rest of the week. Today’s trade was very simple especially considering that yesterday was a choppy day and there were no trade entries.

We have seen that forex trading is not easy especially if you don’t have a good forex mentor ,good money management or even overtrade your forex account. In short if you don’t know how to choose your forex system , you might get the best forex system in the world but somehow it just does not work for you. You need a great forex mentor too as there are some forex traders who can not learn by themselves and might need to see other traders doing well before they have …

This week I got a few emails and though I did not want to post today as I want to watch the red sox beating the rockies,but I just can not help myself.
I was asked what is the worst indicator in forex trading.
It was a hard question but to be honest , all indicators are useful to a point and all indicators work if you are looking for something in particular. If you are a trader, you must be looking for something in particular. Let me give you an example, …

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 one of five indicators of Bill Williams’ trading system, which allows to detect the bottom or the top.
These basic fractals are composed of five or more bars. The rules for identifying fractals are …