Energy Vampires and How They Suck Your Vital Energy

Did you know that your success and happiness can be strongly affected by some special kind of people called Energy Vampires? Unfortunately this is true. People who are around you, including parents and other family members like siblings, in-laws, friends, classmates, colleagues, competitors, etc., can be very important in your life. These people can help and support you a lot. But they can also take you down and ruin your life and future. There are usually some negative people who are also known as energy vampires around anybody. They can have negative and horrible roles in your life. They can easily ruin your life. But the good news is they can do it only when you allow them to. Continue reading Energy Vampires and How They Suck Your Vital Energy

Forex Scalping Facts And Fictions

So you think you want to try scalping! Just because it seems like an easy way to score a small profit within a minute, this is not always true. Although it is very fast-paced, it can be rewarding as long as you can make the correct decisions within split seconds, and of course as long as your broker doesn’t try to make you lose through increasing the spread, re-quoting etc. It is much like a fast motion video game and though it may seem like fun, it isn’t always. Still, scalping is a trading skill you may want to learn, or at least know how it works, and can build your confidence when engaging in alternate forms of trading such as day or swing trading. Continue reading Forex Scalping Facts And Fictions

RSI as a Great Overbought Oversold Indicator

“Overbought” and “Oversold” are the terms we use in our analysis and articles very often. I am usually asked what I mean by “overbought” and “oversold”. I searched and found out that there was only a small and defective article about these important terms on LuckScout, so that I decided to write a more detailed article about this topic to help traders understand what these terms are exactly. Continue reading RSI as a Great Overbought Oversold Indicator

A Forex Trading Plan: Limit Your Greed and Make More Money

I don’t know how long you have been trading Forex, but you can be among those traders who have been trying to make a living or at least a supplementary income through Forex trading, but have not been successful so far. Continue reading A Forex Trading Plan: Limit Your Greed and Make More Money

How to Use Pivot Points in Trading

Some traders use nothing but Pivot Points to trade. Most probably you are among the ones who’ve never used the Pivot Points because this method is the banks’ traders favorite strategy. The never talk about their trading strategy anywhere. If you do some research about Pivot Points, you will find it really useful to have them on the charts, even if you follow a different trading system. Continue reading How to Use Pivot Points in Trading