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Category Archives for Justin Bennett’s Forex Lessons

10 Things I Wish I Had Known When I Started Trading Forex

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As with any journey in life, there are good times and bad times usually marked by wins and losses. More often than not it’s the losses that give us the greatest gift of learning. They allow us to evaluate what we did right and what we did wrong to become better at whatever it is we’re pursuing. But […]

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Waiting for a Retest Will Make You a Better Forex Trader

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Characteristics of a retest in the Forex market

If you have been a reader of this site for more than a day or two, you have undoubtedly seen me write, “wait for a retest” in the commentary. If you haven’t seen this yet, take a look at any of the recent setups and you are sure to find it there. What may not […]

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Always Let the Market Make the First Move

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Do you know what separates the profitable Forex traders from the losing ones? It isn’t an inherent trait or some super-human ability. Of course those things might help, but what truly separates the two groups is the fact that the successful traders never make the first move. What exactly does that mean, you ask? That’s what this lesson is all […]

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Successful Forex Trading is a Process, Not a Project

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forex-trading-process

Do you know what differentiates a process from a project? Put simply, a project has a start and end date. A process on the other hand is ongoing with no definite end date. Becoming a successful Forex trader is the latter. I talk to a lot of traders during the course of a week. Between the member’s […]

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How to Trade Forex “Blind” Using Average Daily Range

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How to trade Forex blind

Here’s a trick question for you – every trade setup we take here at Daily Price Action must include some form of confirming price action such as a pin bar or engulfing bar, correct? Mostly correct. There are times where I will trade without the need for any confirming price action. I’m not referring to a […]

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