Over 20 years in trading
As well as every year, at the University of Dubrovnik’s request, I organize an educational day for students of 2nd and 3rd year of Economics and Business Economics. In a couple of hours I present all the secrets of stock markets and forex market and introduces live the magical world of speculation. I believe that through my presentations students see all the
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What can I say about 2016, my 6th year on forex!? Am I a millionaire, did I finaly succeeded? Have a reach the top of this stairs? Well, almost, but still not as I wanted. Here is the review and why I am still searching for success after 6 years by trading on forex. Success mostly comes over night in this business, right!? Yes it
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I see that many of you (104 views) have sow my prediction on possible EUR/USD move during the ECB’s press conference, but I hope that you are well-read what I wrote in my analysis, not only look at the picture. Because, everything I wrote was exactly as I predicted. At first, the pair flew up at the resistance level 1.1020, where
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I wrote about SL hunting two days ago at the GBP/USD and here we are again, at the USD/JPY. Well, there is a very good saying ‘trade what you see, not what you think’, but in the last couple of weeks I see too many moves like this, on which is not easy to trade. Is there is not enough liquidity for
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I am following lately GBP/USD on smaller TF’s (15 and 30) and I enjoy in the sellers game with this pair. True, technical analysis on smaller TF’s works perfect, if we exclude this move from the afternoon, which is also a normal move in the market as we call it, SL hunting. You can see clearly how the sellers have searched for
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I hope that you’re aware that this is the most important issue when you decide to trade forex long term or when you already trade and lose the money quickly! Why? Bigger leverage is, bigger risk is and it’s easier to lose or to ‘burn’ your entire account. If you have laverage of 1:500 or more, you can easily lose your
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How much you have paid the ticket for this ride? Well, if you traded USD/JPY or JPY with other currencies last night, you have certainly paid this ride too much, right!? Take a look at my 5 minute chart how this was dangerous to trade and that looks even more frightening if you take a look at the 1 minute chart.
Read moreI wrote in my last article that I will try to catch a trade worth to risk in theese days of high volatility and here I am, already out with +633 pips and +55,8K euros trade, after only three days! I will try to describe this trade best I can, but as you can see in my chart, I have pointed
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On June 08. I made gold analysis and prediction of the next move and possible targets in the next few days. How accurate this analysis was, you can see on this chart step by step. All three steps/targets was predicted exactly with top price of the resistance area. At first 1265, the second step at 1287 and the last one today at
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Have you ever imagined how the forex trading floor looks like and how the big players trades!? If you not, start to think about that now. Why? Well, soon as you realized how they trade, you will see the market clearer. Many of you asked me, why my analysis are so simple and how can I so easy and accurate predict some moves
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Mark D.Cook lost all his capital several times while learning to trade including one occasion when he lost more than his entire net worth! In 1982 he sold naked calls on Cities Service that expired deep in the money. His account dropped from $165,000 to a deficit of $350,000 in a matter of days. In that occasion he made a total
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Check my gold analysis from May 24. and see how accurate my gold move prediction is. I hope that you read carefully what I am writing and not only looking at my chart and my important levels what I am marking mostly. It’s imposible for me to write and draw on all TF’s and it’s important for you that you read
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Too bad that the price didn’t reach my target, which was only several pips below the lowest price. To be honest, I was followed the move all day and I was sure that the price will hit my TP, but it’s not. Gold found the bottom at 1244, after wich the price returned up, as I see at the first resistance
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Forex Trader 