FXPrimus announced the "Top Trader Contest" where the top 10 forex traders win cash prizes. The forex competition will start at July 18th and run until August 31st. 

In order to participate in the forex contest traders need to sign up to a live account at FXPrimus and fund it with a minimum of $250. The winner will be the one who has the…

As forex traders we sometimes tend to focus on the short term charts to look for trades that will yield us quick profits. However, it is important to take a look at the long term charts as it can give us the chance to catch a big opportunity.  

A current example that I would like to focus on is the USD/JPY pair. 

The US Dollar is currently in a clear consolidation at very low levels against the Japanese Yen. The down trend started about 4 years ago and was…

There are many ways in which a particular forex trading strategy can be improvised and optimized. It is possible to devise exciting and interesting strategies on the basis of factors that have only an indirect

relationship with the price action itself. The first being timing, in the context of trading forex online.

Apart from the ordinary timing problems involved that must be solved during the determination of entry/exit…

This week will be the two year anniversary for my best and worst Forex day. It was late November 2005, I was about to move to a new apartment on December 1st and boy did I have expenses! Just like many Forex traders today I had a job that basically barely covered my living expenses, so with the move, my financial situation was a little tight. My wife and I were expecting our second daughter and raising our first who was turning one in December. But I had an outlet...Forex! I was convinced…