Hedge Fund Market Wizards Jack Schwagger book review

June 6, 2012

Jack Schwagger recently released his latest Market Wizard book: Hedge Fund Market Wizards. The book is  a ‘behind-the-scenes look at the world of hedge funds, from fifteen traders who’ve consistently beaten the markets’. For traders and investors seeking to manage their own money more effectively we can’t recommend the book highly enough. Key insights: 1. […]

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How to Trade Forex in Choppy and Trending Markets

May 24, 2012

Many Forex Traders, particularly large speculators, use some form of Trend Following methodology in their trading. Trend Following works well when markets are trending with low counter trend volatility, however there are periods when Forex Markets can go months and sometimes years before sustained trends develop and during these times trend following is not the […]

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Forex Trading: How to Play the BIG figures

January 24, 2012

Forex Trading: Big figures (ending 00) often represent critical levels in the forex markets. Many market participants place their stop orders at big figures which can create market volatility to be exploited by short term traders. Round numbers act as psychological support and resistance in many financial markets, and particularly so in forex. Prices are […]

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How to Profit from Trading the Weekend Forex Gap

January 23, 2012

How to Profit from the Weekend Forex Gap The Weekend Forex Gap is one of the best Forex trading system setups to trade in the Forex markets, with most gaps typically filled within 24-48 hours of the Monday ‘open’. Take a look at the 5 minute chart of Euro currency below and note how the […]

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Forex Trading: Profiting from weekly moves in forex

January 20, 2012

Weekly opening range breakout involves trading off the Monday ‘opening’ price by a predefined volatility measure. At Forex Trading-Pips we base our volatility measure on the previous weeks range as measured from the previous weeks high to low value. We have marked Monday’s ‘opening,’ as recorded at 6AM London time, on the Euro currency chart […]

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Forex Trend Trading, how to trade with the trend for OUTSIZED returns

September 8, 2011

Most professionally managed funds in the Forex markets operate using systematic long term trend following models. Long term trend following is one of the most robust trading models with a track record of many decades and utilized by some of the worlds most successful fund managers and traders. Although forex money managers typically employ ‘trend […]

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Money Management, how the pro’s handle Money Management in the Forex Markets

September 6, 2011

Money Management: How do professionals utilize money management to manage risk and profit in the Forex markets? Most of the professional managed funds in the Forex markets are operating systematic long term trend following models. Typically professional money managers share the following characteristics: 1. They risk n percent per trade, typically between 0 to 2%. Risk is determined by […]

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Forex Strategy: How to Exit Trades

August 24, 2011

Forex Exit strategy is a crucial but often overlooked aspect of trading in the Forex markets. Exits are important as they determine: the size of your profit the size of your loss the length of your trade the % of time that you win your net profitability Traders often find it a lot easier to enter […]

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Which is the Best Indicator for Forex Trading?

August 24, 2011

The Best Indicator for Forex Trading Success The Best Indicator depends on what a trader or analyst is attempting to achieve.  Indicators are comparable to a workman’s tool kit: every tool has a different function and it is important to choose the correct tool for the job in hand. Below we will discuss a few of […]

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Forex News Trading Systems, Do they work?

August 23, 2011

Forex News Trading Systems: Many traders and investors spend a lot of time following and analyzing news events via the major media networks CNBC, Bloomberg and through the various newsletter publications and newspapers. There is a commonly held belief that by following news events in real time it is somehow possible to gain an information and trading […]

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Forex Trading Strategy: How to Use Trend Filters to Improve Risk Adjusted Returns in the FX Markets

August 22, 2011

Trend Filter: The Secret to Superior Risk Adjusted Performance in the Forex Markets Forex Trading Trend Filter: ‘The trend is your friend’ is oft quoted in the markets, but what does it really mean to trade with the trend in FX? How do you measure trend? When is the Forex market in an uptrend and […]

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Forex Trading, what time to trade?

July 24, 2011

The forex market operates 24 hours a day, however different time periods are typically more important to trade than others. The best time to trade is when the markets are most active and most liquid, with the largest number of market participants involved. Spreads tend to be narrower and ranges wider which makes for greater […]

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How to Profit from the Opening Range Breakout in the Forex Markets

July 19, 2011

Trading Opening Range Breakout on USD.JPY Today was a good day for Opening Range Breakout trading on USD.JPY off the London open. Note the vertical blue line on the USD.JPY 60 minute chart below. This point marks the unofficial ‘London Open’, 6 AM London time. Price action moves away from the open as traders place […]

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