Forex Tips and Tricks –  Keeping It
Simple To Be Successful

Tricky trading of the GBP overnight but some useful tips come from it.  Never trade an early breakout…wait for the retest and confirmed signs of trend direction.  Be aware of range bottoms and tops as well as the previous day’s highs and lows.  When looking at last...

Not being a fan of Sunday/Monday trading – I passed on any trades overnight.   At first glance, the GBP may have appeared to be an easy short trade… as the down trend continued progressively through the Asian session with a substantial move.Let’s see what the week...

Beautiful Reward to Risk Ratio GBP Trade Setup. These are not rare and if you know how to spot them, trading is much easier.  The other majors offered up nice trades too, as the week came to an end. I am not a fan of scanning through 12 pairs to trade or even...

The GBP yesterday had another higher swing low and today’s high took out Wednesday’s swing high.Breakout traders were stopped out and an entry long presented itself.  Although the GBP didn’t make it to my first target, it had offered enough pips in advance of the...

Keeping your eyes on Swing Highs and Swing Lows is very revealing of trend continuation and reversal.  Although I intraday trade from the 15 minute chart, I like to look at the 60 minute chart for clues as to how the daily trends and reversals are shaping up.Three...

GBP puts in its range on a news sentiment day, then moves back to where it started yesterday.News has been mostly negative to begin the week – especially out of Europe.  After the market digested the ZEW sentiment, it consolidated before making an abrupt plunge...

Be very careful trading Sundays/Mondays…Always be very selective in trading your setups, but be especially careful on Sundays/Mondays.   I used to be very eager to start the week off by finding a trade to take.  I learned over time that it was better to be patient...

Patience pays off with a nice GBP long trade to finish the week. It’s important to wait for the setup or not to trade at all.  Follow the rules for a high probability trade and be rewarded.  Never chase a trade and always have a calculated reward to risk ratio to...

The EUR offered a nice short setup overnight.  Plan your trades – never chase a trade and wait for your setup.  If you concentrate on a few pairs and get to know their patterns, you will find reoccurring setups appear most  sessions.  If the setup is evident and...