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Investors vs. Speculators: Investing and Speculating Defined, Explained & Compared in One Minute

Most investors believe that the investing and speculating are the same. It is because you have to speculate when you want to invest your money. However, there are differences that exist between investing and speculating. One difference is how aggressive you are as a trader. The more aggressive you become, then you become a speculator. So, who are investors? Investors are traders looking for long-term gains […]

How to Use Bollinger Bands in Forex | Bollinger Bands Tutorial

In this video, you will learn about Bollinger Bands, and how you can use them in your forex trading. This indicator was invented by John Bollinger. This indicator consists of an upper band, lower band, and the middle line, which is a simple moving average. The default setting of this moving average is 20. This indicator helps you gauge volatility in the market. When the bands expand, it indicates […]

USD/JPY and AUD/USD Forecast — June 14th 2019

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the June 14th session. USD/JPY — On Thursday session, the market was bearish, as it fell looking for support, and formed a hammer candlestick on the daily chart. This is the second hammer. Also, it is interesting to note that there are two shooting star candlesticks prior to them. This indicates that the market is influenced by indecision among the investors. […]

Three Tips for Choosing the Best Trading Courses

In this video, you will learn about the three tips for selecting the best trading courses on the internet. It is important that you choose the best trading course, because most of them are deceiving. Tip 1: The best trading courses will cover all aspects of the financial world, not only about trading systems. It is important that you understand the underlying mechanisms of the market like supply and demand. […]

EUR/USD and GBP/USD Forecast — June 14th 2019

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the June 14th session. EUR/USD — The Thursday session saw the bulls attempting to rally, but lost control of the market in the later part of the trading session. To the downside, the 1.12 level looks supportive. Also, the 50-day EMA could offer support. So, you should buy when the market gets closer to this level on signs of support like a hammer candlestick. It […]

Gold Forecast — June 14th 2019

In this video, the Trader Guy looks at the commodity, gold for the June 14th session. Gold/USD — The Thursday session saw the market to rally quite strongly and is now testing the $1,350 level for resistance. It looks like the market could remain in this range for a while. A break above the $1,350 level is bullish and the next target is the $1,375 level. A break below the bottom of this range, the market could reach towards the $1,325 […]

Bitcoin Forecast — June 14th 2019

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the June 14th session. Bitcoin/USD — On Thursday session, the market rallied as it found support underneath from the lower line of the ascending channel. So, it looks like the market could find its way in a slow grind towards the top of this channel. However, the $9,000 level is resistance. A break above this level is bullish and the next target is the $10,000 […]

Three Line Strike Candlestick Pattern | Candlestick Patterns

In this video, you will learn about the three line strike candlestick pattern. This pattern consists of four candlesticks. Three of them are called as strikes. This pattern occurs inside an uptrend You look for three bullish candlesticks in succession. The last candle in this pattern is a big bearish candlestick which completely engulfs the previous three green candlesticks. As you can see on the chart, the market temporarily pullbacks, finds […]

EUR/USD and GBP/USD Forecast — June 13th 2019

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the June 13th session. EUR/USD — The market initially attempted to rally, but then rolled over. This looks like market has encountered resistance and is going to turn down. So, you can buy pullbacks after the market shows signs of support. However, this market looks bullish though, as the Fed is maintaining a soft tone on monetary […]

Gold Forecast — June 13th 2019

In this video, the Trader Guy looks at the commodity, gold for the June 13th session. Gold/USD — On Thursday session, the buyers initially rallied, but then gave back some gains. The market is stuck within this little range. You can view the 1,350 level as the supply zone or the top of this range. But you can see if the market breaks below the bottom of these lows. Gold markets look very […]

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