PipHolic.Com

This article is intended to help you trade currency profitably and happily. If you are not a happy person, then you need to take a look at your life, write down some goals, talk to a mentor and then eat a huge bowl of crickets. You will feel better immediately.
A Bear Chased Two Hikers
One hiker, [...]

Due to many e-mails asking my forex trading systems, I feel squeezed to make a comprehensive post about system I use. However, I confuse on how to write a good post explaining whole aspects of my trading systems. It makes the process gets harder and needs longer time.
I want all of you to understand, my [...]

You can read the part 1 of this articles in NFA-Introduction to Forex
How does the off-exchange currency market work?
The off-exchange forex market is a large, growing and liquid financial market that operates 24 hours a day. It is not a market in the traditional sense because there is no central trading location or “exchange.” Most [...]

This article is a continuation from previous Big Ben Strategy post
The logic
As mentioned, the pound/dollar rate tends to have lower trading volume outside European/London trading hours because the majority of GBP/USD spot deals are worked through U.K. and European dealers. This gives the European/British interbank community tremendous insight into the currency pair’s actual supply-demand picture. [...]

In my 4 hour time frame I see GBP/USD consolidate since August 24. Last week it broke 2.0234 which I interprete as a sign that it will keep going south in the next swing. It is possible that it will continue to 1.9900 level. However since the price momentum showing an oversold situation, a retracement [...]