5 best trading tips for beginners
Forex trading provides some of the most exciting opportunities to individuals globally. Due to the liquidity of the market, forex traders can benefit from tight spreads. Despite this, forex has
Forex trading provides some of the most exciting opportunities to individuals globally. Due to the liquidity of the market, forex traders can benefit from tight spreads. Despite this, forex has
If you have ever traded forex, I am sure that you know at least one technical indicator. Any trader who uses forex charts when trading knows that there are different technical
Breakout trading is a common trading technique in all financial markets and breakout traders make a significant portion of all forex traders. This trading technique has existed for a long period
Today, price action trading is a commonly used method in financial markets. Price analysis is one of the simplest yet powerful ways of gaining an edge in the market for both
Trading support and resistance breakouts is a method that attracts the attention of many forex traders. It’s a great way of earning quick profits if you grasp it right. However, it is
Confirming breakouts is a key task to all forex breakout traders. As you trade, your goal should be to stack the odds in your favor. It’s not to be right 100% of
Price action is a form of technical analysis that focuses on the past prices that have traded in the market. If you master it well, you will make it your favorite
The breakout strategy has seen many people become successful forex traders. This means that it’s a technique worth mastering as a forex trader. Traders use it to enter the market during the
When trading forex, knowing how to identify a trend is very crucial. The market is said to be trending when it is moving predominantly in one direction. The market can trend either
Trend trading has been the best trading strategy for the past 30 years. The price of an asset will always trend, and these trends can be traded up or down for
Beginner traders want to think that what they need to improve their trading result is a better analysis and more information about the market, so they try to learn everything
As a forex trader, you must know how to trade using the trend following strategy. The market will always trend, either upwards, downwards, or sideways. Taking advantage of these trends is one
Right from when we were young, we’re taught that greed is a vice that we have to get rid of. But in spite of all the warnings, we all seem
All support and resistance levels don’t have the same value in all situations. As a trader, it will be of great importance for you to know the most valuable levels when
Trading can be very stressful. In fact, it is one of the most stressful jobs one can take. And the reason is simple: traders deal with uncertainty every day. The
Fibonacci is popularly used in trading as a tool for measuring the size of a price move. Traders use it to identify the levels where they should place the horizontal support
Have you ever been afraid to place the next trade after losing four trades in a row, despite seeing a fully formed trade setup or entered a trade without a
Fibonacci retracement levels are a true reflection of the market psychology. There will be times when the market will make a pullback to correct a downtrend or uptrend before it continues. There
Trading with discipline is one of the toughest trading skills to acquire, but it is undoubtedly the most important skill you need to succeed in the market. It is what
Support and resistance are very common among traders who use technical analysis to make trading decisions. When used properly, they can help you become a successful trader. However, these two zones are
This question is as old as technical analysis itself. From Charles Dow, who is considered the father of technical analysis in the western world, to Jesse Livermore (the legendary bear
Most price formations used by price action traders to enter the market are formed regularly on all forex pair charts and time frames. Examples of such price formations include Pin Bars,
Technical analysis is one of the two methods of looking for tradable opportunities in the financial markets — the other is fundamental analysis. In technical analysis, traders try to use
Price action trading strategies are very popular among traders in the financial markets today. Analyzing the price behavior is one of the easiest yet very powerful way of gaining a deeper