The purpose of each technical indicator in forex is to help traders make better trading decisions.
The use of technical indicators can mark the difference between success and failure when running
There are many trading strategies traders use to tackle the forex market, but only a few can be as reliable as the London breakout trading strategy, which institutional traders have
You may have heard about hedging before and probably thought it’s something for fund managers and institutional investors, but hedging strategies are meant to help reduce the risk of adverse
There are different ways to make money in the Forex market, include the use of currency arbitrage strategies.
In Forex, people attempt to make profits by anticipating the future direction of
It doesn’t matter the asset you trade, most markets spend an appreciable amount of time to consolidate after trending upward or downward. As a trader, it is important to know
The wolfe wave is a natural pattern that can be found in any market. As a trader, you must know how to identify and analyze this chart pattern. Having such knowledge will
At the outset, let’s state it clearly: intraday trading is more risky than swing or position trading, especially for beginner traders who have not understood the different types of trends
Professional Forex traders have learned a great secret, the use of a trailing stop loss. You must have noticed that professional traders ride big trends. They ride trends that keep going higher,
Forex is a game of probabilities.
That’s the fact!
Forex traders who see trade setups in terms of risk to reward ratio are the ones who make consistent money in the forex
As a trader, you probably know this rule…Buy at support, sell at resistance. So, you have been trading range markets based on the above rule. However, things will not always work for
If you asked me to state only one trading tool that is crucial to a trader’s success, I will tell you it’s the stop loss. Without a stop loss, don’t even
When I was a newbie trader, the first thing I learned was price action trading. I would look at a naked price chart and make my trading decisions out of it. I
There are many indicators and tools traders use in trying to predict the direction of price movements.While price action itself should be the main trading tool since it provides the
Trading the financial market is not that difficult if you know what to look for and be disciplined enough to act in a consistent manner whenever you see what you
If you have ever been in a trade when the price broke out of a long-standing resistance or support level, you must have seen how fast the price moves and
The financial markets often move in trends since demand and supply are not always in equilibrium.Traders often try to use technical analysis techniques to determine the direction of the trend.Trend
You may have heard about it before without knowing what it means, or you’ve already adopted it as your preferred style of trading the forex market, but do you really
Succeeding in the forex market is basically about finding ways to identify setups that can lead to winning trades.You do this with the help of a trading strategy like this
There are many tools available to forex traders, but the Fibonacci retracement tool is a unique tool and one of the oldest tools available to traders.Unlike the moving averages that
The concept of support and resistance levels is one of the reasons for technical analysis.It is impossible to trade the financial markets based on technical analysis strategies without knowing how