Have you ever watched a multi-position athlete—a baseball player who can pitch, field, and hit with equal prowess? They set a clear benchmark for performance across the board. In the fast-paced world of digital asset trading, setting benchmarks is just as critical, yet many retail traders struggle with even the most fundamental terms. The jargon…
Diamond Hands: How to Hold (HODL) in Volatile Markets Do you find yourself glued to your portfolio during a market crash, heart pounding, wondering if you should cut your losses or hold on for dear life? You’ve just encountered the ultimate test of “Diamond Hands.” The financial world, especially in the era of meme stocks…
Order Blocks Demystified: How Smart Money Shapes the Market Have you ever watched the price on a currency pair rocket upward only to suddenly reverse direction with violent force, seemingly at a random point on the chart? This abrupt shift is often the visible sign of an “Order Block”—the precise footprint of institutional money at…
The London Forex Session: Forex’s Most Powerful Trading Window What is the London Session? The London session is the period of the forex trading day when the financial markets of London are open for business. It is a central hub of global finance, and as such, it generates a tremendous amount of liquidity and volatility.…
UltraTrader Review 2025: Features, Costs, Pros & Cons Trading is often described as one of the most psychologically demanding careers in the world. Unlike traditional jobs, you don’t have a steady paycheck, a boss giving you feedback, or colleagues to hold you accountable. Instead, your results are measured daily, sometimes hourly, in green and red…
Technical Analysis 101: Inverse Head and Shoulders Pattern Explained Have you ever stared at a forex chart and thought you spotted a perfect reversal, only to have the market whip back in the opposite direction? You’re not alone. Many traders struggle to recognize chart patterns in real time, especially when emotions and volatility cloud their…
What Is a Descending Triangle? Pattern Features, Bearish Signals, and How to Trade In the dynamic world of financial markets, recognizing a descending triangle is a crucial skill for any trader looking to identify a potential market downturn. While this powerful pattern can signal a high-probability bearish breakout, understanding its formation requires a solid foundation…
Ultimate Guide: What is Liquidity in Forex? Have you ever wondered why some of your forex trades execute instantly and at the price you expect, while others seem to struggle or move against you the moment you enter? This frustrating experience often comes down to one critical, yet often misunderstood, factor: liquidity. For many new…
The Ultimate Guide to Bull Flag Patterns: Identify and Trade Breakouts Have you ever jumped into a trade right as momentum died, leaving you bag-holding a stock that looked perfect? It’s one of the most frustrating parts of trading. You spot a strong uptrend, the price dips a little, and you think it’s your moment…
Using Currency Strength Meter to Profit in Forex Trading Are you feeling overwhelmed by the sheer number of currency pairs in Forex trading, struggling to pinpoint which ones offer the strongest trends or the best trading setups? Many traders grapple with identifying the underlying strength or weakness of individual currencies, often leading to missed opportunities…
What Is ICT Trading? Guide to Market Dynamics & Strategy Are you tired of trading strategies that seem to work for everyone else but leave you scratching your head? Does the market feel like a rigged game where “smart money” always seems to be one step ahead? You’re not alone. Many retail traders feel this…
Tweezer Patterns: How to Predict Reversals Have you ever placed a trade at the top of a rally—only to watch the market instantly reverse against you? If so, you’re not alone. Spotting reliable reversal signals is one of the trickiest parts of trading, and one of the most painful to miss. Enter the Tweezer Top…
You’re staring at the chart. Price just pushed to a new high, the crowd is celebrating, and retail traders are jumping in like it’s a sure thing. But you—you—notice something else. Your RSI is sloping downward. The MACD histogram is weakening. You smirk, recognizing the signs: bearish divergence. You short the market. And just like…
The Morning Star Pattern: Mastering Bullish Trend Reversals What if you could consistently spot the precise moment a downtrend is about to reverse, signaling a prime opportunity for significant gains? Many traders struggle to identify these critical turning points, key moments that often signal potential reversals, often entering too early or too late, missing out…
Are you struggling to separate genuine reversal signals from market noise? The shooting star candlestick pattern can offer one of the clearest single-bar warnings that an uptrend may be about to reverse—but only if you understand its nuances (see Figure 1). Many traders instinctively sell when they spot a shooting star, only to see the…
What Is a Liquidity Sweep in Trading? How Smart Money Moves Markets In the high-stakes arena of Forex trading, the quest for a consistent edge often leads traders down intricate paths of technical analysis and strategic thinking. What if there was a method to peer behind the curtain of market volatility, to understand the subtle…
Inverted Hammer Candlestick: How to Trade Bullish Reversals The Inverted Hammer is one of the most potent candlestick patterns in technical analysis, widely recognized for its ability to signal a potential reversal in the market. Traders who understand how to interpret this pattern, particularly the inverted hammer candle, can gain a significant edge in identifying…
Gold vs Dollar: Tug of War As of May 2025, the Gold vs Dollar: Tug of War, remains a central theme in the global financial markets. The interplay between these two assets has always been a point of focus for forex traders and investors alike. In recent weeks, we’ve seen a heightened level of volatility,…
AI and Central Banks How Artificial Intelligence Is Reshaping Monetary Policy and Forex Central banks are known for tradition, caution, and conservatism. But in 2025, a quiet revolution is underway: artificial intelligence (AI) is starting to play a meaningful role in how monetary authorities forecast inflation, monitor global risks, and—even more importantly—make policy decisions. For…
Bullish Divergence Trading Strategy (2025): Mastering Reversals Imagine this: You’re watching a stock hit new lows. Most traders are bailing out—but you notice something different. The RSI is quietly creeping upward, forming a bullish divergence. You take the trade, confident in your analysis. A few hours later, the stock reverses sharply. You’re in profit while…
Forex offers stability and liquidity, while crypto brings 24/7 access and high-risk, high-reward opportunities.
Tariffs Impact the U.S. Dollar Tariffs are back in the headlines, and their effects are reverberating across the global economy. As of April 9, 2025, new tariff announcements from the Trump administration are causing currency traders to recalibrate. With the U.S. imposing tariffs on Chinese tech imports, Canadian aluminum, and Mexican auto parts, the global…
Evening Star Pattern Explained: How to Trade It Profitably Successful traders understand the power of recognizing patterns in market charts—and the Evening Star pattern is among the most reliable for predicting bearish reversals. Mastering this formation can dramatically improve your ability to anticipate downturns and capitalize on trading opportunities. In this guide, you’ll learn exactly…
Navigating a Red Market: Strategies for Downward Trends The financial markets, much like the changing seasons, experience cyclical shifts. A “red heat map,” a visual representation of widespread market declines often seen on platforms like Finviz, signals a period of intense bearish sentiment. This phenomenon, while unsettling for many investors, provides unique opportunities for astute…
Rate Divergence: Forex Volatility Returns The serene period of relatively low forex volatility has come to an abrupt end. A confluence of factors, primarily the diverging policy stances of major central banks, has ignited a surge in market activity. Traders are now scrambling to reposition themselves, reacting to the rapidly shifting landscape of global interest…
ICT Breaker Block Strategy: Trading Market Reversals Imagine standing at the edge of a market shift—where a failed expectation flips into a golden opportunity. That’s the essence of the ICT Breaker Block trading strategy, a technique rooted in the Smart Money Concepts (SMC) framework that’s revolutionizing how traders navigate forex, stocks, indices, and more. Whether…
Commodities Driving Forex Trends Commodities like gold and oil are surging in March 2025, and the impact is being felt directly across the global forex market. The connection between commodity prices and currency movements has long been understood, but in today’s market, those correlations are tighter than ever. Commodity-driven currencies such as the Australian dollar…
8 Best Prop Firms for Forex Trading in 2025 Imagine waking up in the morning, grabbing your coffee, and sitting down at your trading desk—no boss, no commute, no stress from a traditional job. Instead of working for someone else, you’re trading Forex full-time, using other people’s money to grow your wealth. This is the…
How Tariffs & the NFP Impact Forex The forex market is one of the most sensitive financial markets when it comes to changes in global trade policy and economic data. Recently, the United States has imposed tariffs on China, Mexico, and Canada, sending shockwaves through currency markets. Alongside these tariff shifts, the U.S. jobs market,…
Bullish Engulfing Candlestick Pattern: Definition and Examples Picture this: you’re scanning currency pairs one evening, and a certain chart grabs your attention. You spot a small red candle followed by a larger green candlestick that completely swallows the previous candle’s body. Intuition tells you this may be a turning point—a bullish reversal might be underway.…
Trade Wars & Forex Volatility How Tariffs Impact Forex Markets Tariffs are one of the most significant geopolitical and economic tools that governments use to regulate trade. However, they also introduce market volatility, disrupt supply chains, and create ripple effects in the forex market. When major economies like the U.S., China, Canada, and Mexico impose…
Post-January Effect Forex Strategies The Post-January Effect Forex Strategies period presents both opportunities and risks for forex traders as markets stabilize following early-year volatility. As global financial activity resets after the holiday season, unique patterns emerge, influencing both price action and market sentiment. Traders who understand how to adapt during this phase can gain a…
The January Effect: How It Impacts Currency Traders The January Effect is a fascinating phenomenon in financial markets where prices, particularly in certain asset classes, show unique seasonal trends during January. For currency traders, this period can bring both opportunities and risks due to shifts in liquidity, volatility, and market sentiment. Understanding these dynamics allows…
2025 Market Outlook for Currency Traders The forex market in 2025 is shaping up to be highly dynamic, with global events and shifting policies creating both challenges and opportunities for traders. Key factors such as the incoming Trump administration, ongoing geopolitical conflicts, and central bank policies are expected to influence currency trends. Staying informed and…
How Does Christmas Affect Forex Trading? The Christmas season is a unique period in the financial markets, and forex trading is no exception. While many traders take time off to celebrate, the markets continue to operate, albeit with lower liquidity, reduced volatility, and different trading opportunities. Let’s jump in and explore: “How Does Christmas Affect…
How Does Thanksgiving Affect Forex Trading? Thanksgiving is a unique time of year that significantly impacts the financial markets, including the forex market. As traders in the United States prepare for the holiday, trading dynamics shift due to lower liquidity, altered schedules, and a general slowdown in market activity. Understanding these changes can help forex…
How Trump’s 2024 Victory Could Impact FX Markets in 2025: Key Opportunities and Risks With Donald Trump’s 2024 election victory, Forex traders are closely monitoring how his proposed policies could impact global currency markets in 2025. From trade and tariffs to energy policies and international relations, Trump’s agenda holds significant implications for the Forex landscape.…
Forex vs. Cryptocurrencies: Key Differences As digital assets gain popularity, many traders wonder how Forex trading compares to cryptocurrency markets. Both offer lucrative opportunities, but there are critical differences that can influence your strategy, risk management, and profitability. In this post, Forex vs. Cryptocurrencies: Key Differences, we’ll break down the core distinctions between these markets,…
How the 2024 US Election Could Shake the Forex Market Volatility, Trends, and Strategies to Watch The 2024 US presidential election is shaping up to be one of the most influential events for the global financial system, and the Forex market is no exception. This post will explore how the 2024 US election could shake…
Improving Forex trading involves a combination of education, strategy refinement, market awareness, and disciplined trading practices. Here are actionable steps to enhance your performance in the Forex market: 1. Develop a Robust Trading Plan Define objectives: Set clear profit targets and risk tolerance levels. Choose a trading strategy: Identify whether you’ll pursue scalping, swing trading,…
Deeper Dive into Gold’s 2024 Rally Compared to Historical Data In 2024, gold prices exceeded $2,700 per ounce, marking a significant rise of over 25% from the previous year. This rally surpasses historical peaks, such as 2011’s $1,920 per ounce during the European debt crisis and 2020’s $2,000 per ounce driven by the COVID-19 pandemic.…
The Trump Trade Returns: Election Risks Drive Market Volatility The latest data from prediction platforms are showing Trump’s odds of reclaiming the Oval Office shooting past 60%, with talk of a Red Sweep gaining traction. And this isn’t just making headlines—it’s moving markets. As the 2024 U.S. presidential election heats up, the Trump Trade is…
Why Are Bond Yields Rising During a Rate-Cut Cycle? Bond yields are rising despite the Federal Reserve’s recent rate cuts, creating confusion among investors. Typically, rate cuts lower bond yields, but in 2024, several unique factors are driving yields higher. This unusual market behavior is influenced by robust economic data, persistent inflation expectations, increased government…
5 ‘Aha!’ Moments Every Successful Forex Trader Experiences Forex trading offers exciting opportunities, but many traders only find success after a few key breakthrough moments. These 5 moments are when everything seems to click—when the strategies, risks, and nuances of the currency market become clearer. For many Forex traders, these moments mark the turning points…
Forex Trading Success Strategies – from the World’s Richest Traders Forex trading can be both rewarding and challenging, and there’s no better way to learn than by studying the approaches of the wealthiest and most successful traders in the world. These elite traders have developed strategies that allow them to build vast fortunes, avoid common…
Navigating Predictable Forex Opportunities in 2024/2025: Forex Trading in Uncertain Times The Forex market is often seen as volatile and unpredictable. However, there are moments when it behaves in ways that can be anticipated with the right information. By looking back at key historical events, we can understand how similar situations in 2024/2025 could create…
Consistency in Trading: The Key to Long-Term Success In trading, consistency often sets apart successful traders from those who struggle. It’s not about creating the perfect strategy. Instead, it’s about following that strategy every day. Your personality plays a big role in this. Some traders find it easy to stick to a plan. Others struggle…
China’s Stimulus Package: Key Components and Objectives China’s recent stimulus package, announced by the People’s Bank of China (PBOC), is one of the most aggressive economic measures since the pandemic. The package is designed to address economic stagnation, stimulate growth, and provide relief to struggling sectors, particularly real estate. Below, we’ll break down the components…
Unlock Forex Trading Success: Strategies from the World’s Richest Traders Forex trading can be both rewarding and challenging, and there’s no better way to learn than by studying the approaches of the wealthiest and most successful traders in the world. These elite traders have developed strategies that allow them to build vast fortunes, avoid common…
The Wyckoff Method is a technical analysis approach developed by Richard D. Wyckoff in the early 20th century. It is widely used in financial markets, particularly in stock and forex trading, to identify market trends and predict future price movements based on supply and demand dynamics. The method focuses on understanding the behavior of large…
Trading in the Fall: A Guide for Forex Traders As the air turns crisp and the aroma of pumpkin spice fills the air, we enter the season of Halloween thrills and Thanksgiving gatherings. But while the fall brings cozy sweaters and holiday festivities, it also ushers in a dynamic period in the financial markets—especially…
5 Best Forex Trading Strategies for Beginners Getting started in Forex trading can be both exciting and overwhelming. While the potential to make significant gains is real, the risk of losing your hard-earned capital is equally present. One of the key factors that will influence your success is the trading strategy you choose. Different strategies…
If the Federal Reserve cuts rates by 50 basis points (bps), it signals a significant shift in monetary policy aimed at stimulating the economy or addressing economic concerns. Here’s what typically happens: Weaker US Dollar: A 50bps rate cut reduces the interest rate on US-denominated assets, making them less attractive to global investors. This often…
Federal Reserve (Fed) rate cuts profoundly impact the US dollar, which in turn influences global markets and investor behavior. When the Fed lowers interest rates, it typically leads to a depreciation of the dollar. This is because lower interest rates reduce the return on investments in US assets, making the US dollar less attractive to foreign investors. As…
It’s Friday the 13th! Let’s explore 7 Trading Superstitions It’s Friday the 13th, a day, some say is bad luck, let’s explore 7 Trading Superstitions and understand why these rituals matter. The Forex market, known for its unpredictability and high volatility, can be a daunting place for traders. With trillions of dollars traded daily, the…
Which Forex prop firms gives real money to trade? If you’re wondering, which forex prop firm gives real money to trade, you’re not alone. Many traders dream of accessing larger capital without risking their own funds. Prop trading firms offer this opportunity by providing traders with real money to trade, giving them a chance to…
The BEST Personality Type for Trading Success In trading, success isn’t only about market knowledge. Your personality plays a big role too. According to the Myers-Briggs Type Indicator (MBTI), one personality type stands out as the best personality type for trading success: ESTJ (Extraverted, Sensing, Thinking, Judging). This article will explain why ESTJ is the…
The Top 7 Forex Scandals You Won’t Believe Happened The Forex market is known for its liquidity and daily trading volume. Yet, despite being highly regulated, several Forex scandals have shocked the world. These scandals often led to market manipulation, unethical behavior, legal battles, and significant fines. In this post, we’ll explore 7 major Forex scandals…
The concept of the Petrodollar has been a key part of the global financial system for decades, significantly impacting Forex markets. As we look ahead to 2024 and 2025, understanding the dynamics of the Petrodollar is more important than ever. Knowing its potential impact on currency trading is crucial for traders. In this post, we…
Ever wonder what really separates the top 1% of Forex traders from everyone else? It’s not just their strategy—it’s their mindset, habits, and a few surprising secrets you might not expect. While many traders focus on finding the perfect strategy or mastering technical analysis, the true elite have discovered that success in Forex trading goes…
Psychological Traits of Top Traders: 8 Key Traits You Need to Succeed Success in trading isn’t just about having the right strategies or market knowledge. It’s also about possessing the right psychological traits that enable you to navigate the challenges and uncertainties of the financial markets. In this article, we’ll explore the psychological traits that…
6 Top Forex Trading Strategies for 2025 with Examples Picture this: It’s 2025, and you’re sipping coffee, analyzing EUR/USD trends, and executing trades that grow your account daily. Forex trading isn’t just a market—it’s a chance to turn passion into profit. But here’s the catch: success demands more than luck—it requires the right strategies. …
Forex trading is one of the most popular forms of investing, attracting both seasoned traders and beginners alike. However, with its popularity comes a slew of myths and misconceptions that can mislead traders and negatively impact their success. Whether you’re just starting out or have been trading for years, it’s crucial to separate fact from…
10 Essential Skills Every Profitable Trader Must Master In the world of trading, success isn’t just about luck or market knowledge—it’s about honing a specific set of skills that can help you navigate the markets and make informed decisions. Whether you’re just starting or looking to improve your trading game, developing these essential skills can…
As the popularity of cryptocurrencies continues to rise, many traders are exploring opportunities to trade these digital assets through proprietary trading firms. But which prop firm trades crypto? Several firms now offer crypto trading, though not all are created equal. This article will explore the options available, including Maverick Currencies, and why choosing the right…
The Japanese yen (JPY) carry trade is a popular trading strategy that involves borrowing the Japanese yen, which typically has very low interest rates, and investing in higher-yielding currencies from other countries. Here’s how it works and why it’s popular: How the JPY Carry Trade Works Borrowing in JPY: Traders take out loans or obtain…
Forex trading, or foreign exchange trading, is one of the most popular and liquid markets in the world. Every day, trillions of dollars’ worth of currencies are exchanged globally, making forex a dynamic and attractive option for traders. But what drives people to trade forex? What is it about this market that draws in millions…
Revolutionizing Forex Trading: How Position Management Outperforms Trade Entry Strategies Introduction Welcome! My name is Robb Reinhold, and I’m the Head Trader at Maverick Currencies. Here at Maverick Currencies, our mission is to guide traders on how to become professional traders. Today, I’m excited to share the results of a unique, year-long trading experiment of…
Top 12 Habits of Successful Traders In the competitive world of trading, success isn’t just about having the right strategy or tools. It’s also about developing the right habits. Successful traders consistently exhibit these 12 habits that help them navigate the markets effectively and achieve their trading goals. In this article, we’ll explore the top…
Characteristics of Profitable Traders Welcome to the world of trading! Whether you’re just starting out or have some experience under your belt, understanding the characteristics that make traders successful can give you a significant edge. Trading can be exciting and rewarding, but it also requires a certain mindset and set of skills to be profitable…
The 2024 U.S. Presidential Election is more than just a political event; it’s a significant factor that influences global financial markets, including the foreign exchange (forex) market. As the election approaches, traders, investors, and businesses are closely watching potential outcomes. These outcomes can impact the forex market, leading to increased volatility and currency fluctuations. This…
In the ever-fluctuating world of Forex (foreign exchange) markets, political changes can have a profound impact on currency values. For traders, investors, and global businesses, understanding how political events shape the Forex landscape is crucial. This article delves into the intricate relationship between political shifts and currency markets, offering insights into how political changes around…
How Personality Affects Trading Success When it comes to trading success, your personality traits can significantly impact your outcomes. While technical skills and market knowledge are crucial, the way you handle risk, stress, and decision-making plays an equally important role. In this article, we will explore how personality affects trading success. Building on insights from…
The potential for Federal Reserve rate cuts ahead of the 2024 election is a topic of significant debate. Federal Reserve rate cuts in 2024 could impact the US presidential election by stimulating economic growth and influencing voter sentiment. This analysis examines the economic indicators, political considerations, and historical precedents to evaluate the likelihood and potential…
The Origin of Forex: A Historical Perspective The Foreign Exchange Market, commonly known as Forex or FX, is the largest and most liquid financial market globally. It plays a crucial role in the global economy, facilitating international trade and investment. The origins of Forex can be traced back to ancient times, evolving through significant historical…
Key Traits of Successful Traders In the dynamic and high-stakes world of trading, success is often attributed to more than just technical skills or market knowledge. Personality traits and behavioral characteristics play a crucial role in shaping a trader’s ability to navigate volatile markets, manage risks, and sustain long-term success. Understanding and developing these key…
Forex trading differs significantly from traditional investing in several key aspects: 1. Asset Class and Market Structure Forex Trading: Forex trading involves the buying and selling of currencies in the global foreign exchange market. Currencies are traded in pairs (e.g., EUR/USD, GBP/JPY), where one currency is exchanged for another at an agreed-upon exchange rate. The…
Personality Traits of Successful Traders Introduction In the high-stakes world of trading, success isn’t solely determined by market knowledge or analytical skills. Personality traits play a crucial role in shaping a trader’s ability to navigate volatile markets, manage risks, and sustain long-term success. Understanding the personality traits that contribute to successful trading can provide invaluable…
Allen Lomax invites Head Trader, Robb Reinhold, onto his Real Estate Investing Abundance podcast to talk about how to get started in trading, what pitfalls to look out for and how your mind and personality will dictate your success or failure, not your intelligence. Trader since 1997. Owner of Maverick Trading, a US based prop…
Forex, or foreign exchange, is traded by a diverse range of participants worldwide, each with different objectives, strategies, and levels of expertise. Here’s a breakdown of the main categories of participants in the forex market: Commercial Banks Commercial banks are key players in the forex market, primarily for facilitating currency transactions on behalf of their…
Understanding Risk Tolerance in Trading: Personality’s Impact Introduction In the world of trading, understanding your risk tolerance is crucial. It determines how much risk you are willing and able to take when making investment decisions. However, risk tolerance isn’t just about numbers and financial capacity; it’s deeply influenced by your personality traits. In this article,…
In the expansive realm of forex trading, each global region presents its own distinct challenges and opportunities. From regulatory complexities to cultural nuances, forex traders navigate a multifaceted environment to achieve success. Join us as we delve into the diverse challenges encountered by forex traders worldwide and explore effective strategies for overcoming them. Navigating…
How to Determine Your Trading Personality: A Comprehensive Guide Introduction Understanding your trading personality is crucial for achieving success in the financial markets. Your personality influences your decision-making processes, risk tolerance, and overall trading strategy. In this comprehensive guide, we’ll explore the concept of trading personalities, why it matters, and how to identify your own…
In the evolving landscape of Forex trading, two potentially transformative forces are poised to reshape future possibilities: decentralized finance (DeFi) and Central Bank Digital Currencies (CBDCs). Understanding DeFi and CBDCs: DeFi, or decentralized finance, shifts financial transactions directly between parties using blockchain technology. This approach aims to democratize access to financial services, traditionally controlled by…
The forex market is dynamic, constantly evolving with new trends and technologies. As we step into 2024, traders must update their strategies to stay ahead in this competitive field. In this comprehensive guide, we’ll explore the top forex trading strategies for 2024, focusing on the latest trends, risk management techniques, and technological advancements. Whether you’re…
In today’s interconnected world, where digital technologies redefine the boundaries of work and lifestyle, forex trading emerges not just as a financial pursuit, but as a gateway to a life of boundless freedom and adventure. With the power of the forex market at their fingertips, traders have the opportunity to embrace a location-independent lifestyle, transcending…
How Personality Traits Impact Trading Success Trading Personality and Its Impact The relationship between personality traits and trading is significant in the world of finance. Trading personality traits influence how traders react to the market, approach risk management, form strategies, and make decisions. This guide will explore how different trading personalities impact trading behaviors, which…
Will the US cut rates in 2024? Several economic factors influence the decision to cut rates. The Federal Reserve sets interest rates using tools like the federal funds rate and open market operations, which influence borrowing costs for banks, businesses, and consumers. Raising rates typically strengthens the USD by attracting foreign investment, while lowering rates…
Hey there, fellow traders! Are you ready to embark on a thrilling journey through the world of currencies and cryptocurrencies? Buckle up because we’re about to dive deep into the heart of the forex market and explore the exciting realm of cryptocurrencies, including the enigmatic Crypto Plus. Let’s get started! The Magnificent 8: Exploring the…
By Robb Reinhold What Makes a Great Prop Firm for Forex Trading? Many traders are interested in proprietary trading because of its numerous benefits. One of the most common questions traders ask is, “What is the best proprietary trading firm for forex?” Prop trading allows traders to use significant capital provided by the firm, enabling…
Forex Trading Plan: How to Develop a Step-by-Step Guide For new and intermediate forex traders, developing a comprehensive trading plan is crucial for achieving consistent success. A well-crafted trading plan helps you stay disciplined, manage risks, and make informed trading decisions. In this article, we’ll walk you through a step-by-step guide on how to develop…
Are you looking to spice up your forex trading strategy? Ever heard of the term “carry trade”? It might just be the missing piece in your trading puzzle. In this article, we’ll demystify the world of carry trades, uncovering what they are, how they work, and why they’re a favorite strategy among forex traders. What…
Written by Robb Reinhold Best Prop Firms for Forex Trading: A Comprehensive Guide The forex and crypto trading markets are among the most exciting and lucrative financial arenas available to traders today. With the potential for high returns and the thrill of navigating volatile markets, many individuals are drawn to the world of forex and…
Sustainable Forex Trading with a Full-Time Job Hello fellow traders! Balancing forex trading with a full-time job can seem daunting, but it’s entirely possible with the right strategies and mindset. Sustainable forex trading, especially when balancing trading with a full-time job, is a skill that many successful traders have mastered. As an experienced trader…
Welcome to the fascinating world of forex trading, where currencies reign supreme and traders dance to the rhythm of the global economy. Ever wondered why certain currencies hold more sway than others in this vibrant marketplace? Join us as we take a closer look at the eight major currencies that dominate the scene and uncover…
The Role of Economic Indicators in Forex Trading Greetings, fellow traders! Today, we’re diving into a crucial aspect of forex trading: economic indicators. These indicators are our compass in the often turbulent seas of the forex market. Understanding them can significantly enhance our trading decisions and ultimately, our profitability. Let’s break down the role of…
How Gold Affects Currencies Gold and foreign exchange (forex) markets are connected in some interesting ways: Gold and the US Dollar: Gold often moves in the opposite direction to the US dollar. If the dollar gets weaker, gold prices usually go up. If the dollar gets stronger, gold prices tend to go down. Safe Investment:…
Ever wondered why the US dollar seems to reign supreme in the world of currency trading? Well, it’s not just a coincidence. The US dollar is like the king of the jungle when it comes to currency trading, making up a whopping 80% of all foreign exchange transactions worldwide. That’s because the US is a…
Navigating the forex market during global political events is akin to sailing in choppy waters—exciting, potentially profitable, but not without risks. Understanding the nuances of how elections, treaties, and conflicts can sway currency values offers a strategic advantage to traders at all levels. Let’s dive deeper into each of these scenarios with real-world examples to…
Currency trading, encompassing both forex (foreign exchange) and cryptocurrencies, has emerged as one of the most dynamic and exciting arenas in the financial world. With its round-the-clock trading, high liquidity, and potential for significant profits, it’s no wonder that more and more individuals are drawn to the world of currency trading. But what exactly makes…
The Psychology of Forex Trading: Mastering Emotional Decisions Navigating the complex and often turbulent forex market successfully is as much about mastering your emotional responses as it is about understanding the nuances of market strategies. As a seasoned trader with extensive experience, I’ve learned that managing emotions like fear, greed, and hope is pivotal to…
Bond yields often significantly correlate with the Forex market due to the impact of interest rates on currency values. Here’s an understanding of the relationship between bond yields and the Forex market and how to incorporate it into your trading strategy. Understanding Bond Yield and Forex Correlation Interest Rate Dynamics Higher Interest Rates: Attract foreign…
Hello, forex traders! If you’ve ventured into the world of forex trading solo, you’re likely familiar with the highs and lows it brings. But why do so many traders struggle to find success when they go it alone? Today, we’ll uncover the top 10 mistakes forex traders make when trading independently. So, let’s dive in…
Forex Trading Myths Debunked: Separating Fact from Fiction Entering the forex market can overwhelm novices with myths that distort the true nature of currency trading. These myths often lead to missteps and discourage informed decision-making. Let’s debunk these myths, providing clarity for new traders. Myth 1: Forex Trading Is a Quick Way to Get Rich…
Forex trading, short for foreign exchange trading, involves the buying and selling of currencies on the global market. It’s the largest financial market in the world, with trillions of dollars traded daily. Whether you’re a seasoned investor or a newcomer considering entering this market, you should understand several essential Forex trading aspects. 1. Understanding the…
In the fast-paced world of professional trading, achieving success goes beyond simply mastering market trends. It’s about embodying specific personality traits that set exceptional traders apart from the rest. I’ve observed firsthand the crucial role these traits play in shaping a trader’s journey. So, what qualities make someone a natural fit for a career in…
The forex market’s continuous operation, 24 hours a day, offers a unique opportunity for traders around the globe. However, not all trading hours are created equal. Understanding the best times to trade forex can significantly impact your trading strategy’s effectiveness and profitability. This guide dives deep into optimizing your trading schedule, focusing on the best…
The first step to trading live is to decide what company you are going to trade through. To access the Forex marketplace, a trader needs to choose an ECM (Electronic Commerce Network) or what is known as a Forex Broker to make trades in a live or demo account. Each ECM will use different software…
Welcome to Currency 101’s ‘Basic Economics Explained.’ In this foundational video, we break down the core principles of economics, providing you with a solid understanding of the fundamental concepts that drive currency markets. This video is a must-watch to enhance your comprehension of the forces at play in the exciting realm of currency trading. Tune…
Congratulations on taking your first step into the world of Currencies trading. Many people start off their journey by saying, “I want to trade foreign currencies.” They take that first step and then they stop and say, “Now what do I do?” This video walks a new, aspiring trader through the first steps of the…
Time to Step on the Gas The Year of the Clawback. That’s what we at Maverick Trading are calling 2019. Looking back on the whole year, 2019 looks wonderful, with the S&P 500 enjoying a 30% gain. However, this completely neglects the market devastation in Q4 2018, where the S&P plummeted a full 20%…
Maverick Currencies management goes into detail about how the markets are setting up for a potential crisis and discuss how to protect your portfolio and potentially profit from the upcoming volatility.
Transcript Robb Reinhold: Hello, everybody. Welcome to Proprietary Trading. My name is Robb Reinhold. I am joined by Mr. Darren Fischer who is the CEO of Maverick Trading. Darren has a ton of experience in this industry, so I definitely would love to hear from him. I really want to go through the history and…
Transcript Well, hello everyone. Welcome out to this Maverick Trading presentation on leveraged ETFs. Hope you’re enjoying yourselves trading. We’re gonna talk about leverage. When we talk about leveraged ETFs, sometimes it’s two times, three times levered ETFs, there’s some good and bad with these. In some cases, more bad than good, and I’ll talk…
Transcript Welcome everybody. I was actually talking there for a little bit and realized the on button wasn’t on yet. Okay, welcome everyone to what is literally going to be, literally going to be the greatest class you’ve ever been to. Okay, that’s not entirely true. Let me just say this will literally be a…
At Maverick Currencies, we have thousands of people a month inquire about Forex trading with us. One of the most common questions we field is, “What is Forex trading and how does it work?” What is Forex trading? First, Forex is an abbreviation for “foreign exchange.” The definition of Forex, at its heart, it is…
Transcript Hello Maverick. This is Robb Reinhold and welcome to High Percentage Trading. I absolutely love to do sessions like this. And the reason why is because everyone wanting to get into trading, you know, we’re excited to get into the charts, excited to get into the option strategies and we’re excited to go out…
Transcript Robb Reinhold: Well, hello, hello, Maverick Currencies traders. This is Robb Reinhold. I’m joined by Mr. Ankit Sharma and also, our new CEO, Darren Fischer. I’ll introduce him to you later, and here we are. Another year has come and gone, and for those of you that don’t know about the history of Maverick…
If you’re reading this, you’ve probably just done a search for “proprietary trading,” “prop trading,” “proprietary trading firms,” or some variation thereof, most likely trying to find out exactly what a proprietary trading firm does. It’s a reasonable question. You’re probably already trading and are looking to take your skill set and performance to the…
Fibonacci Extensions Charting is the basis of all trading at Maverick Currencies. Our traders are required to understand basic, intermediate and advanced trading principles. Fibonacci Extensions are proven mathematical points on a chart that our traders use for entries, targets and exit strategies. In this session, we cover the basics of the Fibonacci sequence and…
Legging In Strategy One of Maverick Currencies’s favorite strategies is a concept that most amateur traders find opposite to their personal trading methods. In almost every study on why traders fail, the conclusion is that they hold losers too long and sell winners too early. Most times, FX traders actually double and triple losing positions,…
FX Candlesticks Candlestick chart patterns give traders so much vital information on price action that it leads to a better understanding of supply & demand, trend continuation, and entry & exit points. At Maverick Currencies, we are very active with candlestick charts and patterns. We use them consistently in all of our trade setups for…
Trading Multiple Currencies Every single trade in spot FX is a pairs trade, where a trader is long one currency and short the other. One mistake that amateur traders commonly make is when opening trades along multiple currency pairs in their trading accounts. When amateur traders open up several positions, they often don’t recognize that…
FX Marketplace Hours Professional traders at Maverick Currencies understand that knowing when not to trade is just as important as knowing when to trade. In this session, we discuss the 24-hour Forex marketplace and some of the best times to open and close positions. We also discuss what we refer to as the “Danger Zone,”…
2017 FX Mid-Year Review It is always beneficial to pause periodically and analyze your trading performance, win/loss percentages, reward/risk ratios and risk-adjusted measure of return (Sharpe Ratio). Without looking back and analyzing performance numbers, it is hard to improve as a trader. At Maverick Currencies, we do the above self-analysis every six months in a…
2016 Year In Review Professional traders understand that trading as a profession is all about yearly returns, not daily results. In this archived video, we look back at a profitable 2016 at Maverick Currencies. Maverick Currencies’s head traders also make their predictions for 2017 and discuss the major themes of the markets and possible trading…
