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
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
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
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
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
Sure, Forex can make you a millionaire. But is it likely that you would become a millionaire trading Forex? Well, it depends on a lot of factors. You should know
This is one of the most common questions aspiring forex traders ask. But the answer is not that straightforward. Becoming rich trading forex depends a lot on your circumstances. While
It is quite common to hear aspiring traders ask the question: “How long does it take to learn Forex trading?” It’s a question anyone interested in the forex market would
As the forex market is getting really popular by the day, due to its round-the-clock availability, ease of access, and huge liquidity, some people are seriously considering trading forex as
Let’s start with a quote from Conor McGregor, an athlete: “There is no talent here; this is pure hard work. It is an obsession. Talent does not exist here; we
The foreign exchange (forex) market is a decentralized marketplace that you access via forex brokers which, to say the least, are free to operate the way they want. You must
Have you heard of Ed Seykota?
You should!
He is a well-known trend follower of our time.
Michael Covel tells us that Ed Seykota turned $5,000 into $15,000,000 within a period of 12
There are different types of forex orders that you can place in the forex market.
If you have used different forex trading software, they must have exposed you to the various
Each Forex trader should know how to setup the MetaTrader4 trading platform.
Today, most forex trading transactions are executed online.
The trading technology has advanced greatly and traders are now able to
The financial market is such a unique place that people have to do things in their own way to get their desired results, which is why there are different types
Definitely one of the most frequently asked questions among newbie traders, the best timeframe for your trading is one thing you have to figure out on your own.
Different people have
Most beginner traders often think that money is made in the short-term timeframes, so they go the way of intraday trading, believing that it will enable them to quickly grow