Seven tips for getting the most out of the summer market It was Ella Fitzgerald who performed the song ‘Summertime’. The iconic opening lyrics are, of course, ‘Summertime and the livin’ is easy‘. Well living may be easier during the summer months, but trading can often be more challenging. During the summer months large market

Forex education from LegacyFX There are a number of different strategies that traders use to govern their actions or decision-making. One of the most effective is sentiment analysis, which reflects simply understanding the current mood of the market. The market, like any person or individual is subject to different moods. Correctly reading the market’s mood

Have a glass of water (or a cherry coke) Feeling thirsty? You should probably avoid making decisions and complex mental tasks. We know that dehydration affects physical performance but a new study from the Georgia Institute of Technology shows how it diminishes mental acuity as well. “We find that when people are mildly dehydrated they

130 pips for the week. But that can be a good for next week. 1.1735 The EURUSD made new lows for the week today and in doing so, they extended the range for the week. The range for the week is now 130 pips. Big deal.  Putting that number in perspective, it is the most

Getting on the perfect wave, and riding it all the way The 100-banger is a mythical creature in markets. It means making a single trade and earning 100 times your money. $1,000 into $100,000. Yesterday, some Facebook puts went up 50x overnight but a truly mythical 100-banger is one that takes some time. One that