Did you know, there are only three charts you'll ever need to trade Forex.
Once you understand these three charts, you'll be able to plot any trading system on any chart with ease.
In this article, we'll illustrated the three most useful charts to trade Forex…
Let's get to them…
Pickpocket Trader jus... ››› more
On 10 February 2020, Timon Rossolimos, sent out an article:
Breaking: Is this the next oil crisis?
At the time the oil price was trading at $54.49 per barrel…
Timon predicted that Brent Crude would fall to $42.48 in a couple of weeks…
This was due to the following factors…
• Major travel restrictions due to the Coronavirus meant less ... ››› more
The world's eyes are on the United States this month.
Health officials are currently monitoring over 8,400 potential coronavirus cases in the US.
There have been 88 confirmed cases of the US Covid-19 and 2 deaths in Washington.
And last week alone, the Dow Jones Industrial Index (Dow Jones) fell more than 12% in just a few days…
This was the biggest drop for the largest stock exch... ››› more
If you're new to forex trading, you'll come across a number of terms and definitions that you may be unfamiliar with.
So what are the key terms you need to know?
Read on to find out…
Bank fast gains of 389%, 52%, 32.89%, 37% and 135%... Whether the market goes – DOWN or UP!
Join a select group of private South Afric... ››› more
It's been a terrible start for the rand.
Last week we saw it hit R15.00, dropping it down over 6.07% for the year.
According to Bloomberg, the rand was the second-worst performing currency out of the 24 emerging-market currencies world-wide.
And it looks like this is only the beginning.
In today's article we'll discuss the four reasons why I expect the rand to plunge to R1... ››› more
Q. "When it comes to Red Hot Storm Trader, what is the criteria you use to find the perfect markets to trade?"
A. In short, I look for the highest volume traded stocks on the JSE.
To find these stocks, I have a simple yet effective 2-criteria checklist.
Market cap needs to exceed over 20 billion
The market capitalisation is equal to the total number o... ››› more
The forex market's a $5.3 trillion per day industry.
Every day more money than you could ever imagine changes hands.
If you know what you're doing, trading forex is a great way to grab a thick, rich slice of this money for yourself. Interested?
I bet you are.
But don't jump in before you know these five golden rules for forex trading success…
__________________________________... ››› more
This is not a drill…
The deadly coronavirus has not only claimed over 170 lives at last count and infected 1000s, it's also had a major impact on world stock markets and economies.
Investors are selling off their positions in equities, and seeking out alternatives like gold, platinum and bonds which have little effect on world markets.
And it looks like we are ... ››› more
In the previous Trading Tips article, I mentioned how you should throw away your trading resolutions for the year and rather focus on making lifestyle changes in this new decade.
This is if you really want to take your trading to a whole new level of profitable and consistent results.
If you missed the first three lifestyle changes, feel free to catch up here…
Her... ››› more
First of all, a very happy New Years to you.
Just being a part of Trading Tips, tells me you're included in that 1% of intellectuals who actually wants to make a difference and improve their financial situation.
So, how do we do that?
First, let's throw out the whole idea of New Year's resolutions.
Think about it. They're truly nothing more than extremely short-term attempts to ta... ››› more
It's that time of year again…
Just like children eagerly wait in anticipation for Santa to deliver presents to them, so do investors.
Investors are waiting for the arrival of stock market profits during Christmas time as well.
This is all because of the Santa Claus rally which is, right now, flooding the mainstream media.
Go to Google, Bloomberg, Business Times and you'll see big ... ››› more
The Rand has strengthened against the majors over the past few weeks, but it has lost momentum and can't break below a key support level.
We have our third quarter GDP numbers out at 11h30.
With trade war uncertainty that hasn't abated and the VIX (aka the fear gauge) climbing from below 12 to above 14, we should see the Rand weaken against the majors over the next week or two.
When the ... ››› more
This is sad but you need to know.
Today, I am taking yet another company off my trading watchlist.
Since June we've seen this telecommunications giant' share price crash from R100 down to R46.00 per share.
That's a 54% sharp drop which signals MAJOR red flags when it comes to trading.
In today's article, we'll go into four reasons why Telkom is getting killed, where i... ››› more
“HI Timon, I have taken an AUD/USD demo Forex trade since I finished with the Forex Profit Box Programme.
My trade details were as follows:
1 Mini-lot: 10,000 units
Take profit: 0.6780
Is there a way I can manually calculate the profit in rands for my Forex trade? Thank you…”
A. I have a three-step checklist to calculate... ››› more
“I have started with the MATI Trader System Programme to help me with my trading anxiety.
I just don't know what to do about it. When I take a trade, I am scared of losing money, I lose trust in the system I'm following and I don't trust myself as a trader…
Are there any pointers you have to help with my trading anxiety?”
A. In lesson 4 of the MATI Trader System programme, I go in... ››› more
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