August 26, 2014 Recently, Markets World announced that they would be improving their payouts system, such that 70% would be the new minimum payout, while 100% would be the new maximum. Along with their recent addition of 60-second options, the idea of course is to obtain and maintain new customer’s that might be attracted by […]
August 22, 2014 In trading, it’s often best to stick with what you’re familiar with and good at. Positive habits tend to build positive results in all facets of life, and it really isn’t any different when it comes to trading. Therefore, I tend to stick with currency pairs, namely major currencies (like EUR/USD, GBP/JPY), […]
August 21, 2014 The market started off in a nice, uptrending climb toward the daily pivot. Naturally, I had expected the pivot point to be the first level in play on this trading day. The market came within a pip, but started reversing, offering about a seven-pip retracement to at least temporarily pause the uptrend […]
August 18, 2014 Even for those with plenty of trading experience and have had a pretty good period of consistent success, there are often times in the market when you debate about whether a set-up is worth taking. You can have had been exposed to thousands of market scenarios in the past and have a […]
August 15, 2014 Another day of trading the GBP/JPY. The EUR/USD is my standby as I’ve mentioned, but changing things up a bit from time to time (as in trading a different, but not totally different, asset) can be okay. Monotony is trading is actually a good thing to some degree in that repeating the […]
August 14, 2014 The EUR/USD was uninspiring to start the day so I looked over at my back-up pair, the GBP/JPY, to see if the action was a bit more appealing. No pivot points were in play due to the large trading range from yesterday, but there was a downtrend in effect. This makes things […]
August 13, 2014 In the past, I was more aggressive in my trading in that I would often take trades on the first touch of a particular price level. But this still did not mean that I would only trade just a price level. Just because a particular pivot point is coming into view for […]
August 12, 2014 Tuesday was more EUR/USD trading once again. It’s definitely my favorite pair/asset to trade given how consistent it happens to be overall. Consistency is always a good thing in trading, as familiarity and proper habit setting can help breed success. The EUR/USD is always good for pretty solid price movement and overall […]
August 11, 2014 Heed the trend Having consideration for the trend is a large part of trading successfully. Ideally, all “newbie” traders should adhere to the idea of not necessarily trading with the trend, but rather not trading against it. It’s the best way to at least ensure some degree of avoiding poor trade results, […]
I started watching the EUR/USD around 2AM EST, and immediately the thing that popped out was the pivot level working as a robust price level. During a 25-minute stretch leading into the open of the European session, the pivot was tested but held pretty well along the line. The retracement back down went about 4-5 […]