Archive for the ‘Forex Basics’ Category

Ahhh... After playing with different timeframes. I pretty much got the idea at what timeframe I'm comfortable with. The idea is this, it should match your personality. If you're a full time forex trader who don't want to miss every good trade that may...

Like any new forex trader, I was looking for that reversal bar that will end a trend. To my surprise, sometimes, its not a reversal pin bar which will end the trend. Sometimes, its an inside bar. Here is a screenshot of the culprit. The inside of...

I always remind myself when doing forex philippines to wait, wait and be patient. Sometimes, when I look at the chart and a setup is just forming. My mind tells my eyes what I want to see and not actually what is forming. Making me enter trades that are...

February 8, 2010 | In: Forex Basics

What is Forex Trading

Forex trading, in essence, is a market of people buying different currencies of the world and sell them at a particular time to earn money. The spot market or "forex market" is one of the most volatile market in the world averaging of $4 trillion worth of...

Forex Philippines

Forex Philippines is my trading journal to learn the ins and out of forex trading. Learn from my experiences and I hope you have a great stay.


Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you need for living expenses and cannot afford to lose.