Chasing Trades or Timing Your Entries
We have discussed that trading in the direction of the trend will give you the best trades and chances for success. Even if you know which way the trend is going you should not just jump into a trade. The market will not go in one direction forever it will make some corrections or retracements [...]
There is Still Time…
Only Today and Tomorrow left in the contest. If you haven’t entered yet its worth the few minutes that it will take.
We are offering a killer tax help CD specifically for Forex Traders . It is from Traders Accounting which is an organization that specializes in helping traders with their accounting and tax needs. [...]
Mysteries of Trader Tax Status- Traders Accounting
I spent some time visiting with Ryan Gibson at Traders Accouting. Let me tell you I was impressed. They are top notch in my book and are a great resource to have as a trader. They are based out of Pheonix Arizona, but service clients from all over. I encourage everyone to check them out they have [...]
March 12th, 2009Conclusion
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Each tier of the Forex market has its own inherent advantages and disadvantages. Depending on your priorities you have to make a choice between what restrictions you can live with and those you cant. Unfortunately, you can’t always get what you want.
By focusing on slippage and spreads, which are the [...]
FOREX CONTEST STARTS TODAY!
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March 10th, 2009Get Prepared!- The Contest Starts Tomorrow
Just to warn you we are starting a new contest for forex gear on Wednesday March 11th.
The prize:
- has a value of $89.95
- Could save you thousands of dollars and multiple hours in time
- Comes from one of our partners
Watch for the Post Wednesday morning to find out what it is and how crazy [...]
Trade Mechanics
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It is convenient to believe that in a $2 tril per day market there is always enough liquidity to do what needs to be done. Unfortunately belief does not negate the reality that for every buyer there MUST be a seller or no transaction can occur. When an order is too [...]
Market Structure
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This article is a continuation from a previous post from Darkstar at Forex Factory
Market Structure:
Now that we have established why the market exists, let’s take a look at how the transactions are facilitated:
The top tier of the Forex market is transacted on what is collectively known as [...]
Questions about broker Spreads and Liquidity?
This article is from Darkstar at Forex Factory
The Structure of Forex Brokers
There has been much discussion of late regarding broker spreads and liquidity. Many assumptions are being made about why spreads are widened during news time that are built on an incomplete knowledge of the architecture of the forex market in general. The [...]
Answer To A Question #6
We recently received this question and thought that if one was confused then there may be others confused as well. Hopefull this will help clear things up.
Question:
Your site looks great and seems very informative. I was wondering what the difference is between the Jump Start and Launch pad system that costs money? I’m sure [...]
