Category Archives: Learn Forex

Closed EURCHF at 1.2265, profit is 35 pips. Trade detail: Sell EURCHF at 1.2300 Stop level at 1.2600 Target level at 1.1750

168 pips loss was generated for the month of October 2011. 4 trades were executed: 3 trades won and 1 trade lost. Here are the details of my trades: 1. AUDNZD: 92 Pips Profit Previously we had bought AUDNZD at 1.3116, click here. We had … Continue reading →

Most of us have a full time job as an employee of a company. This offers us 1st stream of income. Is this income sufficient? Do we need a 2nd stream of income? Do you know that 1 stream of … Continue reading →

Tactical Trading Academy is an online education academy that teaches our students to trade forex and invest in stocks. I built this site because I had spent thousands of hours of my life reading trading books that didn’t provide me … Continue reading →

Statement by Glenn Stevens, Governor: Monetary Policy Decision At its meeting today, the Board decided to lower the cash rate by 25 basis points to 4.5 per cent, effective 2 November 2011. Recent information is consistent with a moderation in the … Continue reading →

Buy AUDNZD at 1.3116

Cut loss for USDCHF at 0.9176, loss is 692 pips.

Sell USDCHF at 0.8484

AUDUSD is moving uptrend. Buy AUDUSD at 1.0400.  

If you have been trading long enough, I believe you will be very familiar with the technical indicators, ie Bollingerband, MACD, Williams, Commodity Channel, Relative Strength Index, Parabolic etc. But have you been making money using those indicators? I guess … Continue reading →

Previously we had informed our subscribers and students to sell Euro and buy Australian dollar at 1.3685. Currently EURAUD is trading at 1.3525. We decide to close this trade at current price of 1.3525, profit is 160 pips. Tactical Trading … Continue reading →

21 economists have predicted that Reserve Bank of Australia will leave interest rate unchanged at 4.75% tomorrow.               As long as Australian dollar (AUD) maintains interest rate at 4.75%, investors will buy and push … Continue reading →

Forex is a rapidly expanding market with more and more novice traders opting to deal in currencies rather than conventional stocks and shares. However, to have a real chance at earning some money it is essential to have some guidance … Continue reading →

Sometimes success from investing comes from the fact that you are not investing at all. It is a true sign of discipline to avoid the market if it does not provide you with favourable risk reward ratio. Being an investor … Continue reading →

Reserve Bank of Australia Deputy Governor Ric Battellino said there are “grounds for optimism” his nation’s economy will weather a U.S. slump and extend a two- decade expansion driven by demand from Asia. “The expansion of China has had an … Continue reading →

Below is extract from RBA minutes: ”market pricing prima facie pointed to expectations of large cuts in the cash rate by the end of the year, but a range of technical factors meant that market pricing might not be giving … Continue reading →

Swiss National Bank had intervened the forex market by pushing EURCHF up. This had resulted our USDCHF to hit the stop at 0.8300.             Sell USDCHF at 0.7858 Stop level at 0.8300 Target level at … Continue reading →

Previously we had bought AUDUSD at 1.0500, see here. We had just closed the trade at 1.0572, profit is 72 pips.               Original trade: Buy AUDUSD at 1.0500

Sell USDCHF at 0.7858 Stop level at 0.8300 Target level at 0.7200

There are hundreds of forex education courses in the internet and there are tens of forex education seminars in your city. Many of those forex educators have claimed themselves to be experts in forex trading. But how many have shown … Continue reading →

Resistance formed at 1.4300. Sell EURAUD at 1.3782

AUDUSD is oversold. Buy AUDUSD at 1.0500