Forex Blog

Now you can read a new Forex article on my site - Scalping The Forex Market For Profits Every Day (by Dean Sauders). As you can guess from its title it is about scalping. This article offers an interesting scalping strategy based on the big amount of Weighted Moving Average. Basically, it is a support and resistance system traded on M1 charts with 24 different levels. Scalping this way gives trader an opportunity to enter multiple trades with low stop-loss. I recommend it to active traders that have access to low spread Forex brokers.

A new Forex article was added to my collection today. Hearing another success story of the Forex trader might as old to some people, as motivating to others. I think this one will be at least useful to many Forex traders. Experienced and professional Forex traders can say that part time Forex trading can’t be good and that it will always lack the “full market control and awareness”. Yes, I’d agree with them to some extent, but still, part time trading remains the only option to many Forex beginners (and not only beginners, just not professionals). So, here it is:

How I became a successful part time trader - by Joe Chalhoub

A new Forex strategy e-book now can be downloaded from my site - this time it’s about many (really a lot) powerful short term strategies and the basic rules of trading Forex using such strategies. It even has a chapter on Wolfe Waves - one of my best trading method for Forex charts. But don’t expect to spend 20-30 minutes to read some strategy from this e-books and begin earning millions in a few days. This is a big book with highly interconnected information that will help you a lot in your strategy building as a whole book, not separate chapters. Be prepared for some long but very interesting and educating reading:

Street Smarts - High Probability Short Term Strategies - by Laurence A. Connors and Linda Bradford Raschke.

Today I am presenting a new article about Forex trading - 100% Hedging Strategies. As the title suggests the whole article is dedicated to earning money on Forex via hedging different currency pairs and different interest rates. Author Yannis Karamanakis gives a simple list of steps needed to perform a successful hedging trading on Forex market.

A new e-book is now available for download from my site - it is called “The Daily Fozzy Method” (written by Michel Dunbar from http://www.forex-rewards.com). It describes a Forex trading strategy based on D1 timeframe with RSI, ATR and 28-EMA indicators. It is very simple to follow with the entry and exit techniques thoroughly described in this e-books. A good starting strategy e-book for the new traders that wish to trade on daily chart rather than hasty intraday charts.

BunnyGirl - is one of the most popular technical Forex strategies. Although it may look simple - a system utilizing WMA cross, it has a lot of additional conditions and tricks that are necessary for a trader to succeed with this strategy. You can download a quite short e-book describing BunnyGirl strategy rules along with some most important FAQ about this system:

BunnyGirl Forex Trading Strategy Rules and FAQ

New Forex strategy e-books are available for download from my site. Both books are more suited for Forex newbies than advanced traders, but are worth reading for both:

• Microtrading the 1 Minute Chart - it’s about scalping on the shortest term chart and it won’t mean a lot of new reading for experienced Forex traders.
• ICWR Forex Trading Strategy - this strategy e-book covers Impulsive/Corrective Waves Retracement strategy describing its rules and principles in an easy-to-understand way.