Mindblown: a blog about philosophy.

  • Best Days of the Week to Trade Forex

    So now we know that the London session is the busiest out of all the other sessions, but there are also certain days in the week where all the markets tend to show more movement. Know the best days of the week to trade forex.Below is a chart of the average pip range for the major pairs…

  • Best Times of Day to Trade Forex

    Quick pop quiz! What time of the day are TV ratings highest? If you said during prime time, then you would be correct! What does this have to do with trading sessions? Well, just like TV, “ratings” (a.k.a. liquidity) are at their highest when there are more people participating in the markets. So when is the…

  • When Can You Trade Forex: New York Session

    Right as European traders are getting back from their lunch breaks, the U.S. session begins at 8:00 am EST as traders start rolling into the office. Just like Asia and Europe, the U.S. session has one major financial center that the markets keep their eyes on.We’re talking of course, about the “City That Never Sleeps!…

  • When Can You Trade Forex: London Session

    Just when Asian market participants are starting to close shop, their European counterparts are just beginning their day. While there are several financial centers all around Europe, it is London that market participants keep their eyes on. Historically, London has always been at a center of trade, thanks to its strategic location. Today, London benefits from its time zone.…

  • When Can You Trade Forex: Tokyo Session

    For traders living in Murica (“America”), the trading day actually begins on Sunday night at 5:00 pm EST (10:00 pm GMT). However, liquidity doesn’t really show up until Tokyo opens a few hours later. The opening of the Tokyo session at 12:00 am GMT marks the start of currency trading in Asia. You should take…

  • Forex Trading Sessions

    Now that you know what forex is, why you should trade it, and who makes up the forex market, it’s about time you learned when you can trade. It’s time to learn about the different forex trading sessions. Yes, it is true that the forex market is open 24 hours a day, but that doesn’t mean it’s always active the entire day. You can make money trading…

  • Can You Get Rich By Trading Forex?

    Before we go any further, we are going to be 100% honest with you and tell you the following before you consider trading currencies: 1. All forex traders, and we do mean ALL traders, LOSE money on some trades. 2. Trading forex is not for the unemployed, those on low incomes, are knee-deep in credit…

  • Demo Trade Your Way to Success

    You can open a demo account for FREE with most forex brokers. These “pretend” accounts have most of the capabilities of a “real” account. But why is it free?It’s because the broker wants you to learn the ins and outs of their trading platform, and have a good time trading without risk, so you’ll fall in love with…

  • Types of Forex Orders

    “Would you like pips with that?” Okay, not that type of order. An order is an offer sent using your broker’s trading platform to open or close a transaction if the instructions specified by you are satisfied. Basically, the term “order” refers to how you will enter or exit a trade. Here we discuss the different types…

  • Impress Your Date with Forex Lingo

    As in any new skill that you learn, you need to learn the lingo… especially if you wish to win your love’s heart. You, the newbie, must know certain terms like the back of your hand before making your first trade. Some of these terms you’ve already learned, but it never hurts to do a…

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