Authors Posts by Steve Connell

Steve Connell

87 POSTS 155 Comments
Steve Connell spent over 17 years working in the finance sector and has experience in a range of financial markets from foreign exchange, commodities to options and futures.

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Over trading is a common trap that new traders fall in to. If you’re an over active trader it can have dire consequences for your wealth.

Currency rate manipulation: Bloomberg

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Barclays is the latest bank to suspend traders in an alleged “massive” foreign exchange rate rigging scandal that involves manipulation of the daily closing fixes.

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A dual grid is a play on the grid trading theme which I’ve talked about before on forexop. Here we place our buy/sell legs at the same price levels.

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What is grid trading? The basic idea is very straightforward. Instead of placing one trade, we place multiple trades forming a grid pattern.

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Why do so many followers fail? Reading some of the threads on the Zulutrade forum there is one common question that keeps coming up again...

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Fibonacci series and the Golden Ratio are two phrases you’ve most likely heard about before. How are they used in trading, and how can you profit from them?

Forex trading: risk reward and money management

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A poor understanding of risk and money management means novice traders frequently experience severe losses and sometimes a complete loss of their capital.