In this post today, I am going to teach you how to formulate your very own strategy from scratch so that you will have a reliable strategy to trade with. The techniques to formulate a strategy took me sometime to learn and therefore I decided to write it into a blog post so that every…
My Overall Strategy Performance For November 2013
It is time to consolidate the report for my strategies for the month of November 2013. As a whole, it was another profitable month for me and below are the performance report for those strategies in my Forex and break the bands strategy course. There are a total of 31 trades taken for the month of…
Golden Rules For Trading Forex
In the forex faq today, we have a question from one of our fellow traders asking me for the golden rules for trading forex everyday. Below is the question Hi, Thank You very much about the generous attempt: Here is the Question: Everything seems to be inevitable and How can we get rid of the…
Break the Bands Strategy March 2013 Overall Performance
Today is the first day of April and I am going to update you guys the performance for the Break The Bands Strategy for the whole month of March 2013. Below are the detail 7th March 2013 EURUSD: -25 pips 13th March 2013 EURUSD: +50 pips 15th March 2013 EURUSD: +50 pips 26th March 2013…
Why Are You Always Losing In Your Trade
In today forex faq, we have a question from one of our fellow traders. Below is the question: I Would like to know why I always lose my trades and why am I always doing the opposite of what the market are doing? First of all, I must say that this is a problem that…
Break The Bands Strategy Performance Report 2
In this post, I am going to update you on the performance of my break the bands strategy. The previous update only update you up to 17th December 2012. Below is the updated report for December 2012 6th December 2012 EURUSD: +50 pips 10th December 2012 EURUSD: +50 pips 11th December 2012 EURUSD: +50 pips…
What Makes a Profitable Trader
In today forex faq, we have a question from one of our fellow traders. Below is the question: Just want to know how can someone become a profitable trader. I must say that this is one question that alot of you must have in your mind. In fact, this is one question that I asked…
Best Chart Periodity For Entry and Exit
In this week forex faq, we have a question from one of our fellow traders. Below is the question: What is the best chart’s periodicity to refer to when deciding to enter/exit the market? Your blog is the BEST ever blog I have ever surfed to learn about the right way to trade forex. Moreover…
Best Set of Forex Indicators and Time Frames
In today forex faq, we have a question from one of our subscribers. Below is the question: I have read your book on Forex Strategy. It’s amazing. Please advise me the best set of indicators and time frame to trade Gold (xau/usd). My job does not permit me to watch chart all the time. Really…
Forex Strategy With 1:3 Risk Reward Ratio
In today forex faq, we have a question from our fellow traders asking a question that arises from my previous forex faq on “what is wrong with my forex strategy” Below is the question: How can I base my trading on a 1:3 risk reward ratio when I’m only occasionally able to catch the larger…