Wednesday, September 29, 2010

Nial Fuller article review

I just came across this recent blog article over on learn to trade the market that Nial Fuller posted recently about emotional trading and how price action can help cure it. The article link is here: Forex Article. The article discusses how developing a simple mindset based off a simple trading strategy like price action trading is the best route to take in order to foster successful trading habits. I really think that most of Nial Fuller's blog posts and articles are very educational and helpful, this one however touches on the aspect of emotional trading mistakes however, which is something I am very interested in just because I often make emotional trading errors.

Gold and currency movements

Pretty insane movement in Gold and some of the currencies last night. Gold formed a massive fakey setup which resulted in an explosive move up over $1,300 an ounce. These types of movements are somewhat hard to catch because they happen intra-day. However, trading with the trend is still the best way to go and it's how I learned to trade from Nial Fuller. I personally feel like trying to take counter-trend positions is a fool's game and I have not really had much success at all taking positions against the trend. Many beginning traders get caught up with trying to pick tops and bottoms and it simply is a loser's game.

Sunday, September 26, 2010

Cool New Article on Learn to Trade

Hey everyone, check out the new forex trading article titled "How to Improve your Forex Trading Success in 7 Simple Steps" over at learn to trade the market. The article gives some really great pointers about how to turn your forex trading around and is written by expert price action trader Nial Fuller. Check out this page for more information on him, Nial Fuller review.

Thoughts on the upcoming trading week.

This upcoming trading week has some interesting price action setting up. I personally think last week's trends will continue and we will see higher prices in gold, AUDUSD, EURUSD, GBPUSD, and I believe the Yen will continue to weaken. However, I do think we will some stall out or rotation against the trend before these trends make another substantial move to the upside. Check out the recent forex commentary over at learn to trade the market from Nial Fuller.

Saturday, September 18, 2010

New content at LTTTM

Nial recently added some great new content to the member's area over at LTTTM. I really feel like trading with price action is about the only truly effective forex trading method. After successfully trading forex for about 6 months using the methods I have learned in Nial Fuller's forex trading course, I can truly see that I had no idea what I was doing before hand. It's a little bit like driving a car in the dark with no headlights compared to now driving with the brights on. Truly amazing stuff. If you stumble across this blog and really want to know more about Nial Fuller click here:

Nial Fuller review