TradeProfits

Changes at Forex4Noobs

Posted on 03. Aug, 2010 by Jakob.

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Nick over at Forex4Noobs recently posted an article announcing some upcoming changes to his popular site Forex4Noobs. First of all, they will have a lot of new content, calculators and other tools and educational videos. In In addition to this, Nick has decided only to let professional traders who write on Forex4Noobs (which obviously means that a bunch of the blogs will be gone). They will also start accepting guest post from other professional traders, and finally the site has been redesigned. Read more about all the changes here. Congrats Nick. You are doing a good job.

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14 Cool Forex Freebies you should Know About

Posted on 24. Jan, 2010 by Jakob.

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I have posted about most of these before, but I thought I would sum it all up in one post. These are great resources for forex traders, and they are free. Check it out and throw a comment. Do you have any additional ones we should know about? Feel free to share your thoughts. Read more... (1065 words, estimated 4:16 mins reading time)

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TradeProfits Update

Posted on 03. Jun, 2009 by Jakob.

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A lot of things are happening in the forex market these days, and unfortunately I am still in the middle of a bunch of exams, so I am not able to keep myself or you guys updated with a lot of information. The EUR/USD sure has been into a heavy rally in the last couple of days. Trending days like these are perfect for the main system I prefer to trade, so I have been getting some good entries lately. My latest trade was about two hours ago, when I went long on the GBP/USD, when it broke out of its range. So far I am up around 50 pips. I will wait and see what happens. It sure feels like this rally must begin to lose momentum, but looking at the spike up we had yesterday on the EUR/USD, it seems like it is never-ending. Stick to the rule and follow the trend, and you should have been able to make a lot of pips in the last couple of days. Read more... (727 words, estimated 2:54 mins reading time)

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Support & Resistance Lines – Forex4Noobs

Posted on 18. Apr, 2009 by Jakob.

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Forex4Noobs is a great place with a lot of different resources. Blogs, chartrooms, reviews, forum, eBooks, etc. All of it for free. I have been a loyal visitor of Forex4Noobs through a long period now. I specially enjoy the chatroom, which is a great place to talk to fellow traders, and pick up a lot of information. Yesterday I got an email from Forex4Noobs, telling me about this new guide they made on support and resistance lines. As I am a huge fan of support and resistance lines, I downloaded this immediately and read it through. I am always applying support and resistance lines into my charts, in order to help me determine good places to enter and exit trades. If you have no idea what support and resistance lines is, or even if you do, you should grab this report, and read it through. It’s an easy to understand, down to the point guide, which will only take a few minutes to get through. Unerstanding S & R lines is an important aspect of technical analysis, and I believe that a lot of practice of implementing these lines into your charts, and analyzing the importance and possible effect from them, can greatly improve your trading skills. How about starting out with this report, and then come into the chat room, to witness how this is applied in live trading sessions.

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