Think of the price action as a snarling pit bull tied to a stake. It charges for you, but you know the exact length of its chain and you are standing confidently just an inch beyond that. It leaps for your face and just before it makes contact with your throat the length of chain reaches its end and yanks the dog back, throwing it violently to the ground. Welcome to Forex Scalping! What is... Read More

Now more than ever people are looking for ways to supplement their incomes, maybe even replace their day jobs. Many people realize that just being an employee is risky and to safeguard against the unpredictable they need learn how to forex trade. The only fx trading course that I recommend wholeheartedly is Peter Bain’s course. It does a thorough job of nailing down the initial... Read More

The heart and soul of your currency trading education is how to buy at the bottom of a trend and sell at the top. Currency trading for beginners can be quite daunting. Not only is there much to learn about forex, but a trader also has to learn a lot about himself. Self-discipline is a vital ingredient for every successful trader. It does no good to win big and lose even bigger. The winners... Read More

The absolute best training for you when you’re new to forex is a course on technical analysis (Peter’s course is the best.) And the heart and soul of technical analysis is the price action charts. Price charts give you insight into the collective mind of other currencies traders. They graphical represent trends and flows that would otherwise not be seen if you were merely keeping... Read More

Once somebody gets sold on the profits they can make in currency trading, then next natural inclination is to get their feet wet and open an fx trading demo account with a broker. There is nothing wrong with that but these people are certainly not going to be able to learn anything useful if they are not able to trade during market sessions.   Forex Tester – The Forex Simulation... Read More

Ignorance is expensive. What you do not know can cost you money. The majority of people are under the delusion that if they do not participate in the stock market then they are not at a financial risk. What they fail to realize is that by being a participant in a national economy they are in fact, at risk. Peter Bain’s Advanced Technical Analysis Course 100 years ago, a dollar was... Read More

When it comes to forex platform trading, there are two overall strategies that traders align with. The first is to trade with the trend. This involves the identification of the trend moving in a channel. The second strategy is to be able to identify market exhaustion and buy at the bottom and sell at the top of the trend.   Peter Bain’s Forex Strategy Course   Some traders... Read More

When somebody is new to technical analysis, one of the first things they learn is how to draw trend lines and with good reason for they are used by virtually every trader in all markets. The difficulties with trendlines is that identifying and drawing the trend can become a largely subjective.   Peter Bain’s Advanced Technical Analysis Course   Give two traders identical... Read More

Just like Japanese Candlesticks, the Bollinger Bands indicator is available as a standard feature in technical analysis software. Its popularity in no small measure is due to the fact that they help signal to the investor whether prices are high or low.   Peter Bain’s Bollinger Band Training Course   What Are Bollinger Bands? In ways that are similar to the Parabolic... Read More