Bradley Gilbert
Traders4Traders
As the title suggests there are a number of things you need to understand before you start throwing your cash around. And one of them isn't using a 'robot' to tell you when to buy or sell.
Fact: Traders who use robots to make their trading decisions have absolutely no idea why the forex currencies go up and down. If they did, they wouldn't use them!
The major currencies pairs are driven by the fundamentals of each economy and primarily delivered by the central banks of these countries. It is systematic, logical and easy to understand if you have 5 minutes spare to learn about it.
But the fundamentals are just one part of your trading process & success. Capital management is at the top of my list every day but in all honesty, there are a number of factors that combine to deliver low risk, high probability trading opportunities. If you don't know what these are and how to implement them, I'm sorry to say it but you're more than likely on a slow path to losing your cash.
We want traders to be successful and to have long-term trading careers. I see value in all forms of trader training but we specialize in something completely different to everyone else. We train you the way the banker's trade!
Prepare for 2019 as 2018 starts to slow down
We've recently combined 10 years of 'course development' with our T4TCapital Trading Program to provide a clear path for traders to become successful funded traders.
It includes the New complete forex course which will give you the knowledge and understanding to implement:
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Capital management
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Trade plan & process
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Technical analysis
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Fundamental analysis
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Trade execution, to name but a few.
It goes without saying our new complete forex course has more bells and whistles than a fairground organ!
Brexit is almost over, Trending Markets to Prevail
The deadline for a Brexit deal is March 2019. So there's no better time than right now to tune up your trading skills and get ready for some great trading opportunities.
I'm expecting the markets to go back to 'trending' conditions once it's out of the way and to truly take advantage of this you need to understand what you're doing and how to trade professionally.
For more information check out our site and see what all the fuss is about.
The risk of loss in Forex trading can be substantial. You should, therefore, carefully consider whether such trading is suitable for you in the light of your financial condition. The high degree of leverage that is often obtainable in Forex trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains. Past performance is not indicative of future results.
Editors’ Picks
EUR/USD keeps the rangebound trade near 1.1850
EUR/USD is still under pressure, drifting back towards the 1.1850 area as Monday’s session draws to a close. The modest decline in spot comes as the US Dollar picks up a bit of support, while thin liquidity and muted volatility, thanks to the US market holiday, are exaggerating price swings and keeping trading conditions choppy.
GBP/USD flirts with daily lows near 1.3630
GBP/USD has quickly given back Friday’s solid gains, turning lower at the start of the week and drifting back towards the 1.3630 area. The focus now shifts squarely to Tuesday’s UK labour market report, which is likely to keep the quid firmly in the spotlight and could set the tone for Cable’s next move.
USD/JPY struggles to capitalize on strength beyond 153.75 hurdle
The USD/JPY faces resistance near the 153.75 zone during the Asian session on Tuesday, stalling the previous day's positive move as divergent BoJ-Fed policy expectations offer some support to the Japanese Yen. That said, Japan's weak Q4 GDP print, released on Monday, tempered bets for an immediate BoJ rate hike. This, along with the underlying bullish sentiment, warrants caution for the JPY bulls and could act as a tailwind for the currency pair.
Editors’ Picks
AUD/USD remains confined in a range below 0.7100 after RBA minutes
AUD/USD extends the sideways consolidative price move and reacts little to the RBA February minutes, which reinforced a tightening bias. The hawkish outlook, however, fails to provide any impetus to the Australian Dollar as the risk of another rate hike is already priced in. In contrast, bets for more rate cuts by the Fed keep the US Dollar bulls on the defensive and act as a tailwind for the Aussie amid the underlying bullish sentiment.
USD/JPY struggles to capitalize on strength beyond 153.75 hurdle
The USD/JPY faces resistance near the 153.75 zone during the Asian session on Tuesday, stalling the previous day's positive move as divergent BoJ-Fed policy expectations offer some support to the Japanese Yen. That said, Japan's weak Q4 GDP print, released on Monday, tempered bets for an immediate BoJ rate hike. This, along with the underlying bullish sentiment, warrants caution for the JPY bulls and could act as a tailwind for the currency pair.
Gold sticks to a negative bias below $5,000; lacks bearish conviction
Gold remains depressed for the second consecutive day and trades below the $5,000 psychological mark during the Asian session on Tuesday, as a positive risk tone is seen undermining safe-haven assets. Meanwhile, bets for more interest rate cuts by the Fed keep a lid on the recent US Dollar bounce and act as a tailwind for the non-yielding bullion, warranting caution for bearish traders ahead of FOMC minutes on Wednesday.
AI Crypto Update: Bittensor eyes breakout as AI tokens falter
The artificial intelligence (AI) cryptocurrency segment is witnessing heightened volatility, with top tokens such as Near Protocol (NEAR) struggling to gain traction amid the persistent decline in January and February.
US CPI is cooling but what about inflation?
The January CPI data give the impression that the Federal Reserve is finally winning the war against inflation. Not only was the data cooler than expected, but it’s also beginning to edge close to the mystical 2 percent target. CBS News called it “the best inflation news we've had in months.”
RECOMMENDED LESSONS
Making money in forex is easy if you know how the bankers trade!
I’m often mystified in my educational forex articles why so many traders struggle to make consistent money out of forex trading. The answer has more to do with what they don’t know than what they do know. After working in investment banks for 20 years many of which were as a Chief trader its second knowledge how to extract cash out of the market.
5 Forex News Events You Need To Know
In the fast moving world of currency markets where huge moves can seemingly come from nowhere, it is extremely important for new traders to learn about the various economic indicators and forex news events and releases that shape the markets. Indeed, quickly getting a handle on which data to look out for, what it means, and how to trade it can see new traders quickly become far more profitable and sets up the road to long term success.
Top 10 Chart Patterns Every Trader Should Know
Chart patterns are one of the most effective trading tools for a trader. They are pure price-action, and form on the basis of underlying buying and selling pressure. Chart patterns have a proven track-record, and traders use them to identify continuation or reversal signals, to open positions and identify price targets.
7 Ways to Avoid Forex Scams
The forex industry is recently seeing more and more scams. Here are 7 ways to avoid losing your money in such scams: Forex scams are becoming frequent. Michael Greenberg reports on luxurious expenses, including a submarine bought from the money taken from forex traders. Here’s another report of a forex fraud. So, how can we avoid falling in such forex scams?
What Are the 10 Fatal Mistakes Traders Make
Trading is exciting. Trading is hard. Trading is extremely hard. Some say that it takes more than 10,000 hours to master. Others believe that trading is the way to quick riches. They might be both wrong. What is important to know that no matter how experienced you are, mistakes will be part of the trading process.
The challenge: Timing the market and trader psychology
Successful trading often comes down to timing – entering and exiting trades at the right moments. Yet timing the market is notoriously difficult, largely because human psychology can derail even the best plans. Two powerful emotions in particular – fear and greed – tend to drive trading decisions off course.