In the forex world, there are many educators. Some are very well known, well funded, offer nice presentations and charge a lot of money for training. Then there are the lesser known, maybe less produced traders who offer their wisdom, tools and techniques for much lower prices. Then of course like in any other business you have outright marketers who … Read More
Three Ways to Identify a Choppy Market
Not all trading days are created equal. As much as we would like to walk into an exciting market each day, we need to look beyond our impulses and really pay attention to the subtle hints that the market offers each day in terms of what kind of day it can turn out to be. It’s important to have an … Read More
Are You A Conventional Trader?
As a trading mentor, I speak to many up and coming traders who are looking for guidance. There are a number of things that I ask to gauge where the trader is in their learning curve. One of the main pieces of information that I like to learn about a trader is what strategy or strategies are they executing within … Read More
Our Forex Trades
Look over the shoulder of trader Andres Salazar, as he walks us through trades taken live on SMB’s Forex desk. In this new video, Andres displays his charts and thoughts behind these trades, which all come back to the basics that SMB teaches. Waiting for the pattern, looking at correlations, then watching the volume to finally justify our entry. Andres … Read More
Create Your Forex Watch List And More With Raghee Horner
On Wednesday 10/3 at 4:30PM ET Raghee Horner, Chief Currency Analyst at IBFX and 15 year veteran will be sharing how she finds currency pairs worth watching for the trading day. This is what she refers to as her Forex Watch List. In addition, Ms. Horner is going to show us what tools she uses to confirm trends. This is … Read More
When Your Forex Pair Go Parabolic
At SMB Forex, we define a “parabolic” market movement as one that goes higher or lower pretty much in a straight line. These thrusts of momentum carry important information for our analysis when we are operating within the rules of our proprietary swing trading strategy. Let’s use some recent price action from the GBP/USD pair. While it stayed within a … Read More
Forex Blogging
howdy everyone! I know it has been a while since I contributed here. Between my late summer vacation and other projects I have simply just been running around like a mad man and haven’t been following my blogging schedule. yikes. I am still working on the content for that school of algos 101 blog theme so don’t think I have … Read More