Forex Blog

Another nice indicator that is capable of detecting the trend changes and showing the current trend’s strength and direction was added to the list of MT4 indicators on my site. It’s a histogram indicator, meaning that it doesn’t trash your chart but rather displays itself in a separate window below the main chart…

One of the most obvious and easy ways to improve your trading results and organize the whole Forex trading process is to use a trade journal to log every trade that you make. It’s an almost unknown fact among Forex beginners, but even some experienced traders still trade without such journal.…

The new indicator that I’ve created recently (based on the idea of one of my site’s visitors) can help every Forex trader that uses MetaTrader platform. It can notify traders when the currency pair rate (or price) reaches a certain level, goes above some level or goes below some level.…

The new e-book (actually an article excerpt from the Futures Magazine) was uploaded to my site today. It’s about the risk control and money management in Forex and elsewhere. The whole book is only 4 pages long, but it succeeds in introducing the most important approaches to money management…

I’ve found an interesting MetaTrader indicator on one of the Forex forums recently and today I decided to upload it on my site to allow other traders download it freely. It’s called CCI Arrows and, as its name suggests, it is based one the standard MT4 CCI (Commodity Channel Index) indicator. It detects the CCI crosses with the zero level and draws…

Jay Lakhani is a successful Forex and stock trader with a great experience as a mentor for the newbie Forex traders. He believes that the trader’s psychology and the money management basics should receive much more attention during the learning process than the usual market theory. His…

This question is often asked by the traders that know who George Soros is. Unfortunately, there is no definite and accurate answer to this question. But it’s possible to model his trading behavior and understand what should be made by Soros-wannabe to reach the same level of the market intuition. Flavia…

Now you can download a completely free ebook on the swing trading from my site — it’s «A Practical Guide to Swing Trading» by Larry Swing. Although this book doesn’t deal with the Forex market specifically and was written with the stocks in mind, it still can be applied to the Forex…

Today I offer you a new free ebook to download from my site — A Six-Part Study Guide to Market Profile. Actually it’s not very new — it was written in 1996 by the Chicago Board of Trade professionals. It thoroughly explains the one of the most innovative but not too popular trading concept —…

After saying so much about the statistical Forex systems, I think it’s time to give an example of one. But first, I have to warn that this exert advisor «as is» wasn’t profitable during tests — it had its losses and gains, but spread losses took over eventually, so I can’t suggest using it on your…