Why The Process Is More Important Than The Money

“To Trade Successfully, you need to explore your relationship with money” – Van Tharp Why did you get interested in trading? Was it because of a genuine interest in macroeconomics or the financial markets, or was it purely to “get rich”?  It may be of no surprise that...

USDMXN – Demand accelerates after setback

Our assessment of trend for USDMXN was dominated since April last year with a bullish bias.Trading at the end of last year in USDMXN was, unsurprisingly, dominated by the US election and the comments made during the campaign by Trump. The wild swing in investor...

A Good Plan Has Many Paths to Success

Having only one path to success sets you up to lose, not win. Rather, a good plan provides many avenues for success. Imagine you have your heart set on marrying a specific person. What happens if that person leaves you? Or doesn’t share your feelings? A better plan...

Choosing Yourself: Why You Should Trade Forex in 2017

It’s easy to take your eyes off the goal, what with all the hustle and bustle of everyday life, and the distractions that come with it. So, occasionally it can help to think back to the “why”. Why did you get into trading in the first place? What goals, hopes, and...

Most Traded Currencies in 2016

Have you ever wondered which currencies receive the most trading action? The data for the following chart comes from a survey done every three years by the Bank of International Settlements (BIS). Note that trading volume adds up to 200%, because each currency trade...

The Correct Way to Use Any Technical Indicator

Recently we have started a second intake into our System Development Workshop and in this brief article I’d like to discuss one of the common issues that are emerging from both traders that have 12-18 months worth of experience, and from traders that are just starting...

Long-term Trading in Brief: How to be Contrarian

“I believe the very best money is made at the market turns. Everyone says you get killed trying to pick tops and bottoms and you make all your money by playing the trend in the middle. Well, for twelve years I have been missing the meat in the middle, but I have made...

Why Forex Traders Should Follow the Bond Market

If you think about it on a simple level, when you trade Forex, you are trading “cash”. What is one of the things that is great about cash (apart from it buying you nice, shiny things)? It’s that you can put the cash in a bank account and earn interest—your money makes...

Crude Oil – Shooting Star at Neckline

In August our longer-term signals turned bullish in Oil when prices were trading just above $40. The initial target was at $51.34 and a potential target from a reverse Head & Shoulders formation is at $75.00. While this did raise some eyebrows our 1st target for...

USDTRY – Tracking Channel Higher

3cAnalysis technical signals for sentiment have been bullish for the bulk of 2016. As we approach the end of the year there is no change to that tone. In fact USDTRY price action over the last 6 weeks has seen the upside accelerate to new all-time highs. Positive...

Volatility Contraction Strategies

Markets move sharply when they move. If there is a sudden range expansion in a market that has been trading narrowly, human nature is to try and fade that price move. When you get a range expansion, the market is sending you a very loud, clear signal that the market...