Are moving average crossovers profitable?

May 16th, 2012Posted by mike

You may think I am crazy suggesting that moving average crossovers are not profitable because my entire 4 hour trading strategy is based on moving averages. However, the point I want to make is that trading moving average crossovers in isolation isn’t profitable! There was a long scientific study done a while back that did [...]

The issues of Forex Trading

May 14th, 2012Posted by mike

One of the most problems with Forex Trading, especially if you trade the longer time frames, is that it can be incredibly frustrating sitting around for hours on end waiting for the perfect set-up. You already have your tried and tested system in place, and you are just waiting for a good opportunity to come [...]

Looking for Forex Courses

May 10th, 2012Posted by mike

One thing you have to consider when looking for a good forex course is that they all have different objectives. Some trading courses will be make only to teach you the basics of forex trading, just to get you up and running, whilst others will aim to provide you with a profitable forex trading strategy, [...]

How to determine the risk when spread betting the markets

May 8th, 2012Posted by mike

Many individuals trade the Forex markets using a traditional forex broker, but I am well aware that many people like to trade using a spread betting company instead! I nearly always trade this kind of trading and it’s a fairly simple way to trade because you don’t need to worry about lots or anything like [...]

Trading Forex using Long Term Charts

May 4th, 2012Posted by mike

Trading Forex using Long Term Charts

Trading the Forex markets using long term charts is a lot easier than trading the short term charts. However when you are comparing long term forex trading to long term share trading, in my opinion share trading it’s always better. There is one thing you have in your favour when trading good quality stocks and [...]