ForexSpirit

Meditating is one of the most beneficial activities that I now perform on a regular basis since I started on my journey to become a great trader. This is an activity that can be done by just about anyone in many different ways. Different people get different benefits from performing regular meditation. [...]

Treasury Secretary Henry Paulson today began a magic trick. Maybe you didn’t know or even realise that Paulson is a magician. I certainly didn’t.
Make sure you pull up a good seat, as this could be the best magic trick ever performed.
Every great magic trick consists of three acts.
Act One - The [...]

Imagine the world of forex trading as one big, vast ocean. There are many inhabitants of this watery world. Banks, investment houses, hedge funds, global companies and speculators to name just a few. It’s an ecosphere teeming with life of all shapes and sizes.
Where does the retail trader generally find themselves on [...]

Since the nice move that occured after the release of the ISM manufacturing index (which printed below 50, thus showing signs of contraction within the manufacturing sector) last Friday, price has been pretty rangebound around the median line level at 1.33.
A small breakout south this morning seems to suggest that the 1.325 level is acting [...]

November saw a return to positive gains for the month overall.
Out of 11 trades taken during the month, 10 were profitable, with only one loser. While the one loser resulted in a loss of equity, I took that loss at a time when the euro was making its big break out move. I [...]