ForexSpirit

I have been keeping an eye on the various discussions of FreedomRocks around the web. I have already given a pretty in-depth explanation of the type of strategy that FreedomRocks is using in my correlations post.
I explained that the FreedomRocks strategy is not a pure hedging method. Instead it provides a hedge [...]

If cost averaging is such an important part of my forex trading strategy then why do I bother to ever close a trade out for a loss? Why not just keep cost averaging until all my open positions come back into profit and then close them all out?
If you’ve harboured such questions then you [...]

There seems to have been a recent resurgence in the usage and discussions of correlations between forex pairs. Two currently high profile forex trading systems that seem to be primarily based on using correlations are FreedomRocks and ForexForSmarties. Tom Yeomans also seems to be on a correlations trip at the moment, although he [...]

There is a constant challenge that must be confronted each and every day by a trader. How do I make the decision to buy or sell now when I don’t know what the future may bring?
Throughout our years of early formation, in school and in university, we have always been taught that if you [...]

There used to be a time when I was as fascinated with technical indicators as I’m sure most newbies to the trading world are even today.
I would chop and change the indicators on my charts. Wildly trying to find a combination that would give me an edge, or even some confidence or, hope beyond [...]