Forex Education
How to Win at Forex: Members 422 Pip Winning Week!
How to Win at Forex: This weeks most successful trader was not one of the mentors, the prize of the week goes to long term member "Crosby" who has banked (so far) 422 pips! The best part is that just like the mentors here at Forex Mentor pro this result was from...
Free Traders Psychology Training Course
The Critical Elements to Trading Mastery by Trading Pschologist Rich Friesen MA Hi, good friend of mine, trading psychologist, Rich Friessen MA has kindly offered free places to a course that he is starting next week. The free traders psychology trading course -...
Risk-Off: How it affects Currencies & Commodities
Understanding whether the market is in a risk on or risk-off state is a BIG help when trading currencies, commodities & indicies. This was supposed to be a quiet week, and Mr Trump put paid to that with the Syrian missile attack at the weekend. What has ensued is...
The Proof: 675 Pips Profit from 5 Trades In 1 Minute 39 Seconds
Hi, in last Thursdays live training session that I host for members I showed how I was using our 1 hour trigger system to make serious profits trading forex intra-day. In the very short video below I show you the set ups, how & why we took them and in the live...
This weeks Winning Forex Trades
Hi, winning forex trades from one of the top 100 forex blogs on the internet! This will be a new feature every week here at the Forex Mentorpro blog. Clearly there is no point investing time money and effort into any strategy unless you can be confident it is going to...
How to treat trading as a business
If making money from trading is your goal, you need to treat it like a business: you need to be business-like in your philosophy and work habits. Professional traders who work for banks and hedge funds have all the business processes in place for them. Their trades...
Understanding Different Types of Forex Trading
Understanding different types of forex trading can improve your approach in the market. This article defines and describes 4 of the most common approaches to forex trading.
3 Crucial Mistakes New Forex Traders Make
Want to know 3 crucial mistakes new forex traders make? Check out this list so you don’t become a victim of the mistakes that are made far too often by new forex traders.
Commonly Used Support and Resistance Areas
Below I have outlined the most Commonly Used Support and Resistance Areas that forex traders use for technical analysis. In technical analysis, the forex trader attempts to understand the market by how price moves, as well as using some indicators. Support and resistance make up the most core and meaningful portion of technical analysis, and below the four most commonly used areas.
Four Vital Terms for New Forex Traders
When you are new to forex trading, it can seem like a completely different language. The terms used are probably not familiar if you have not been in that realm before. Below, are Four Vital Terms for New Forex Traders to know. It not only serves to understand the forex market itself, but will help you understand training and teaching you might be receiving as well.
New Trader Basics: Forex Order Types
When starting your journey in trading, knowing what each order type means and how it affects you is one of the most vital knowledge you will have to have. Below I discuss the most commonly used and important forex order types used in trading. By making sure you are placing the RIGHT order based on what you want to achieve in the trade, will prevent many of the mistake-based losses that come from incorrect order placement
Forex Trader Basics: Understanding Spread
Spread is by far one of the most common costs associated with forex trading, and it is a vital concept to understand. As a new forex trader, spread is something that will impact your trading a great deal and it is very important to know where it comes from and how it affects your trading.
What Is The Best Forex Trading System?
What Is The Best Forex Trading System? That, my friends, is the "million dollar question" - right? Virtually every single trader that starts their voyage into this business asks this question. At some point very early on in the path, they realise three very important...
The Truth About Forex Training
When it comes down to it, there are many different avenues one can take to get proper forex training. This ranges from working for a big firm that trades to just opening an account and trying your luck (and the operative word there is “luck”). In the end though, my experience has been that the fastest and best way to get forex training is to use a reputable, honest online educational service and lots of hard work and dedication to the education itself.
How to Reduce Spread in Forex Trading
As you know, spread is one of the most common forms of trading cost to any forex trader. However, spread can have a lot of variables that impact how much spread trader will be paying for any given trade. Below are some methods to ensure you are getting the lowest spread and in real terms paying the lowest trading costs.