What is Your Motivation to Be a Trader?

Alex SalazarGeneral Comments2 Comments

There are different styles of trading for different people. One of the keys to have success in trading is to find out what it signifies for you on a personal level and what you want to obtain of the future and economic benefits. To have a satisfactory and well rounded career, it is necessary to have an incentive that goes … Read More

TRADING THROUGH A HURRICANE

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The storm was brewing in the Gulf of Mexico. I had been tracking it for a  week, and it was only a matter of time before it would bring tremendous  amounts of rain, damaging winds, possible tornadoes, and dangerous flooding  to my area. Twelve hours before Hurricane Isaac was projected to hit my  area, I told Andres  (Salazar) and Bradley … Read More

When Your Forex Pair Go Parabolic

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At SMB Forex, we define a “parabolic” market movement as one that goes higher or lower pretty much in a straight line. These thrusts of momentum carry important information for our analysis when we are operating within the rules of our proprietary swing trading strategy. Let’s use some recent price action from the GBP/USD pair. While it stayed within a … Read More

Forex Radar price expectation

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Take a peak of our forex radar price expectation video. USD/CAD currency pair has suffered by making the price very weak. Due to these conditions, it had formed break downs at previous lows making “believe” of more downtrends in the currency. But the unexpected is that a rebound comes right after the “fake” break down. SMB forex has recognized these … Read More

How to identify a swing trade

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When trading, we identify different levels from different time frames. When the market makes new lows or highs, we can go back in time and make decisions based on the swing price market. In this trade taken in the USD/CAD, the price market made new lows but just enough to be in areas in possible rebounds based on bigger time … Read More

Forex. price expectation

Alex SalazarGeneral Comments3 Comments

A trade in GBP/USD using our psychological price expectation patterns. A trade that started from our daily chart and ended as a swing trade. related articles: a good time to trade, the real market trend, forex correlation. follow me on twitter  

When is a good time to trade

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  In previous videos, we talked about levels of support and trading areas.  When specific trading areas are breached, we patiently wait for the price to develop to the next trading zone.  During the time of price expectation, we step away from the market in order to avoid costly errors.  In SMB forex, we follow the real market’s trend and … Read More

Forex Trade

Alex SalazarGeneral Comments2 Comments

More pips and more pips! A trade in the AUD/USD on 11/08/2011 after price panic, we found good rebounds at the end of the day. A good example of recognizing market psychology and price behavior. For more of our trades, follow me on twitter