Forex Trading Mind

The best “edge” available to traders is to trade with the trend: call it trend, momentum, whatever you like.

It’s a cliché, but “buy the dip in an uptrend” is one of the oldest sayings in the trading world. Within my own trading journey, I have found reasonable cause to doubt some pieces of conventional trading wisdom, but not this one.

The U.S., France and Britain conducted an air attack on Syria over the weekend, stating that their target was the Syrian government’s chemical weapons program.

After threatening to attack the Syrian government on Wednesday, following its apparent use of chemical weapons against a civilian target, President Trump has again surprised by tweeting earlier today that “Never said when an attack on Syria would take place. Could be very soon or not so soon at all!”

Trend following – trading with the trend – is the easiest and simplest way for traders to make money in financial markets.

Earlier this week I wrote about the “Monty Hall Problem”, where a game contestant must decide whether to stick with his original choice when trying to win a prize by guessing randomly after more information about the choices not taken is revealed.

A well-known brainteaser concerning statistical probability was created in the 1970s, generating a lot of controversy.

This Friday 30th March is not only the end of the week but also the end of the first quarter of the year.