In this segment, Marc Principato, CMT reviews potential support and resistance levels where swing trade opportunities may emerge. He provides coverage on the S&P futures, EUR/USD, GBP/USD, and AUD/USD. To learn more visit http://www.smbtraining.com/overview/forex-training [purehtml id=5] — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
SMB Forex and Futures Weekly Trade Review 5/3
In this segment, Marc Principato, CMT illustrates how a trade in the EUR/USD pair was validated using our volume analysis tool. [purehtml id=3] — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
Forex Trading: Hedging. Is There an Advantage?
There was a time (before 2010) when you could open a forex account with any U.S. broker and have the ability to hedge your spot forex transactions in the United States. Residents outside the U.S. still have the ability to hedge their forex positions. On the surface, hedging sounds like the ideal situation: After taking your initial position, if you … Read More
[Forex Workshop Recording] Multiple Time Frame Analysis
In this workshop, Marc showed traders how to utilize multiple time frames in order to decide which side of the market offers the greatest potential and the least amount of risk. This kind of market perspective can make the difference between taking profits quickly or giving the market more of a chance to realize a greater potential. If you missed this … Read More
Forex Trading: When do you let a winner run?
You know the following situation well: You had a long in EUR/USD at 1.3005 and sold it at 1.3018 only to watch it go to 1.3086 over the next hour. Of course when you try and hold for these type of moves, you give back your 10+ pips plus some additional when your stop gets hit. How do we know … Read More
Forex Trading: When Should You Go Against The Trend?
What makes prices in a financial market system fluctuate the way they do is traders entering and exiting the market for an infinite number of reasons. Some may be getting stopped out while others may be adding to a position. We can never know for sure the reasons why they may be acting a particular way at a specific period … Read More
Forex Trading: Know Your Time Frame
One of the more common mistakes I see new traders make is executing a trade idea that came from a larger time frame analysis, but justifying the entry from a set up appearing on a smaller time frame and expecting it to reach the greater target. It can be very confusing because the smaller time frame charts can offer refined … Read More
Forex Training: How Long Does It Take To Get Good?
I get this question all the time and it is a good question. People these days don’t have the time to invest years in this business unless it proves to be financially rewarding along the way. There are so many educators and so much information available today, yet it doesn’t seem to change the well known failure rate. So what … Read More