Gratitude – Last post of 2015


Hello fans, subscribers, visitors and followers, the year is coming to an end, in few more days  we’ll be saying goodbye to 2015, it has been a great year of engaging and learning, I enjoyed every post I’ve written here, I hope you enjoyed reading as well. I would like to extend my gratitude to all of you for sticking around, thank you for your support and for pushing me to share even more of my journey and my mistakes with you, you have shown me the importance of sharing and to my subscribers, thank you for assuring me that I am not writing all this for myself but there are people who actually read and are always looking forward to a new post and thank you to everyone who enrolled for private lessons, thank you for trusting me. When I started this blog, I wanted a space where I could just speak openly about Forex without feeling stupid, pressured and without sugar coating anything, at first I needed a group or a forum where I could meet traders who were willing to admit or share their real challenges but I could not find, for some time I actually thought I was the only one who was going through some challenges as no one was really interested in sharing such, all I could find on groups and forums were traders showing off, putting each other down, disrespecting each other and even swearing at each other a lot (which was not really my scene), every time I tried to share, I would either be sold some new system or some robot or looked down upon, and therefore I decided to start “talking to myself”.

I decided to start this blog which was initially on a different free platform (blogspot) and was later migrated to this platform and became what it is today, at first I was just blogging because I knew no one would oppose my thoughts hence this blog is mostly about what I personally went through and I found that space where I can speak openly and I must say, I have managed to reach out to masses that I never thought I would manage. My aim ever since has been to reach out to those who are looking at venturing into Forex trading, I wanted to be that “go to person” to everyone who needed information, I mean real information about Forex, I wanted to protect people from being misled, scammed and lied to like it was done to me. I kept it real throughout the year and I shall continue keeping it real next year and many more years to come. To that person who really wanted to know what to expect in Forex trading and what exactly is this Forex thing, I hope you got most of your questions answered from FAQs  post and also from the Forex trading lies  post.  And If you needed to  know  how are brokers regulated and who regulates them,  I hope you got the information on FSB regulated brokers and you have learned how important it is to use a regulated broker and also the importance of understanding the trading sessions and the best time to trade Forex.

To that person who came across this blog and he/she was already trading, I hope you also learned a lot from my mistakes and you also picked up some few things that you can implement to improve your own trading, I hope you related to most of my stories as they often happen to almost every trader, though traders are not interested in sharing the challenges but only interested in selling the good and beautiful story. I have shared the most embarrassing moments of my journey, My Forex story  and the painful moments just so I can show you the reality of trading and to make sure you do not repeat the same mistakes like when I depended on paid signals  without education. I hope you also learned from my experience on copy trading  and you can make up your own mind if you would like to go that route, and lastly, I hope you learned more on what moves the Forex market.

To that person who did not know the difference between Forex trading and HYIP programmes and thought he/she was participating in Forex market while he/she unknowingly  participated in a Ponzi scheme, I hope you learned from Forex scams  post, and you’ll do yourself a favor by staying away  before you get yourself into trouble like I did. Below are some few questions that you need to be brutally honest about, It is a good thing that you’ll be doing this on your own, so just be honest, it is for your own good.

Reality check for those who  traded live in 2015 
  • How many times have you secretly funded your real account in 2015?
  • How many times have you  taken money home from your trading account in 2015?
  • How many times have you encountered margin call in 2015?
  • How many times have you switched or changed technical strategies in 2015?
  • Have you followed your trading plan in 2015? Did you even have one? If not, you can still use the one I posted on my last post of 2014  HERE .

Thank you so much, I am hoping to see you again here next year,  let us continue to keep it real and set realistic goals and by doing so, we can change the stats and be counted among  professional  and successful traders, thank you , thank you , I really appreciate you, without you, this blog is nothing, and thank you so much for your comments, your feedbacks, your gratitude and the shares on almost all my posts. Stay safe till we meet again next year.

Love & Light and God bless you.

If you are still confused about how exactly is money made in Forex market, simply click on the link below and DOWNLOAD.




Be informed and know what is happening on the markets, check out our daily Forex news as they unfold and if you wish to receive daily alerts of high impact economic news, subscribe to my blog (free), to subscribe please look for “SUBSCRIBE TO MY BLOG” found on the right hand side (sidebar), enter your email address there and click SUBSCRIBE, wait for an email with a confirmation link, click on the link and confirm, email might be on spam/junk folder, and have the alerts delivered to your email daily, I value you and I promise I won’t spam.


What Moves Forex Market

What Moves Forex Market

Why does Forex market move?

What makes the price move in Forex market? Maybe you have been asking yourself this question, but never really had an answer. The price in currencies move because of supply and demand, when there are more buyers than sellers, the price is pushed up higher,  the price is pushed further down when there are more sellers than buyers in the markets. But maybe the big question to ask should be, why are the buyers more than sellers, or why are there more sellers than buyers?

Why do we buy?

We buy because markets perceive that the currency that we intend buying is more valuable than others, for an example,  markets perceive that the Canadian Dollar (CAD) is more valuable than US Dollar at that time, then more investors would be buying the Canadian Dollar (CAD)  against the perceived weaker US Dollar (USD). The real question that we should be asking here is, why do markets think that the Canadian Dollar is more valuable than US Dollar? The real reason is fundamentals/news, no economic news, no perception and no movement in the markets and the value for each currency would be fixed, got that?  Central banks are the most important voice in Forex market.

Most traders would argue that trading fundamentals or news does not work because the effect does not last, but it is the very same effect that does not last that wipes their accounts. And this post came at the right time when south Africa is facing the shocking weakening of the Rand due to some speech by our president which resulted in our currency depreciating heavily. I had a discussion with my trader friend and she made me laugh when she said “”WHO SAID WE WANTED THE EFFECTS TO LAST”” and she made a valid point, the only thing that we want is to profit from it and if it doesn’t last, we are still ok with it because we know it is short-term and we are very aware of that, and  we will also know when it changes (short-term again) and we can follow the new direction and bank on it as well, yes I agree that the fundamentals are more of a long-term and the effects or the results may last for few minutes to few hours,  but the sentiments are the “”NOW””  and that short-term price move does affect open positions/trades which are opened prior to an economic news in a big way, and mostly in a negative way, the price moves are short-term but they can be very hectic and deadly, just imagine what happened to a trader who was SHORT (SELL) on USDZAR at the time the shocking news hit the markets, the price move was not random, it was due to the news.

A lot of times traders are faced with this dilemma of being thrown to the wrong side of the market while they were so convinced of their trades and all  criteria that they usually check before entering a trade were met, it becomes so confusing I know, the next thing that traders do, is to blame their system and change it only to find out the problem persists. If you are a day trader and you are trading shorter time frames ranging from M5 to H4, I think it makes sense to just pay more attention to the speeches and the daily news because when the news results are released, the sentiments in the markets change and take over and you get affected, you must consider this, it might help. The traders who are not affected by the short-term price move that happens as a result of an economic event are those who are trading weekly charts or even monthly charts. Mostly those who are telling you that the news do not work are longer time frame traders, but they forget to tell you that they do not trade shorter time frames as you do, the time frame makes all the difference.

The question that you need to ask yourself is simple, are you a long time frame trader or a short time frame trader, If you are not trading a daily, weekly or monthly time frame, maybe it is about time you pay more attention to  daily market sentiments, you can benefit a lot from it,  I have learned that as a day trader I needed to pay attention to the daily news as I was  mostly affected and stopped out and  thrown to the wrong side of the markets as the news happened, yes it is short-term and so is a  trader who trades anytime frame below daily, weekly or monthly.

Categories of news that contributes to currency movements

  • Economy
  • Infrastructure
  • Inflation
  • And a lot more other speeches by government

Interest rates

All major currencies interest rates are controlled by the government or independent organisations that reports to the government. If the inflation is high, the interest rates will be raised to slow down the economy, higher interest rates mean higher costs to borrow money, higher costs on the monthly credit card bills, higher costs to buy a house etc. and the economy slows down, by increasing the interest rates, the value of currencies also increase

Higher interest rate=higher inflation=higher currency value

Lower interest rate=lower inflation = lower currency value


  •  Every currency pair moves differently
  • Use correlations to other currencies as confirmation to your existing trades or the planning of your future entries
  • Limit your trading to few currency pairs; try not to trade more than 4 currency pairs, it makes it easier for you to focus on few pairs instead of trying to understand all currency pairs, it is really unnecessary.
  • Trade currency pairs at the time when the people in that country are starting their day, learn more about forex market hours here,  it makes more sense as the liquidity is more due to the day activities, trying to trade GBPUSD in  Asian session or late London session will never provide you with much actions and your position might just stuck in a range, because of lack of liquidity.

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Be informed and know what is happening on the markets, check out our daily Forex news as they unfold and if you wish to receive daily alerts of high impact economic news, subscribe to my blog (free), to subscribe please look for “SUBSCRIBE TO MY BLOG” found on the right hand side (sidebar), enter your email address there and click SUBSCRIBE, wait for an email with a confirmation link, click on the link and confirm, email might be on spam/junk folder, and have the alerts delivered to your email daily, I value you and I promise I won’t spam.


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