The trading style you adopt in forex plays a huge role in how frustrated or stressed out you would be on your forex trading journey.
Of the four major forex trading styles, scalping and swing trading represent the opposite ends of the spectrum.
In this ar
There’s been a lot of buzz about multi timeframe analysis lately, but what exactly is this type of technical analysis and why should you incorporate it into your forex trading strategy?
Multi timeframe analysis is a holistic approach to technical analysis
Have you ever seen the market bounce hard off a key level, but the trend is still overwhelmingly against the bounce?
Known as bull or bear traps, depending on the direction of the prevailing trend, trading these patterns is certainly no easy task.
Identifying and drawing support and resistance levels are usually some of the first few things a novice trader learns in forex technical analysis. And depending on the instructor or trade academy, there are several ways to draw these levels on your charts
Have you ever been in a trade where everything seems to be going according to your analysis? You take your eyes off your charts for a moment and return to find that your trade has closed at an unexpected loss.
A wick probably shot out to take out your sto
Forex is an extensive market with an endless list of currency pairs to trade. But some of them take the lead when it comes to trading volume. We call them major currency pairs or FX majors. These major currency pairs are the most heavily traded currencies
Many new traders believe that finding success in Forex trading, or financial markets trading generally, is simply the product of finding a strategy that works and applying it to the markets consistently.
However, any seasoned trader will tell you that thi
If you ask any trader what they look for before taking a trade and chances are the word confluence is going to up.
Whether this is a fundamental trader looking to play a strong currency against a weaker one, or a price action trader waiting to see how pri
One of the best things about trading financial markets is the variety of different asset classes and instruments available to traders. Even now we are seeing the emergence of new asset classes with the rise of cryptocurrencies. However, the two most popul
Among all available market sentiment indicators SSI is the easiest to understand and, as a result, the most popular. Is it that effective? Let's discuss.
SSI or market sentiment is the buyer-to-seller ratio that has developed in the market at the moment.