Forex brokers often have mobile app versions of their trading software. While this makes it easy to monitor your trades, it may not be such a great idea to trade on your phone.
Forex trading is all about timing. You time your trade entries and exits. You set stop losses to exit bad trades and profit targets for good trades.
Do the unending ups and downs of the Japanese candles, even in an obvious trend, creep you out? Perhaps, the Heikin-Ashi candles would work better for you.
Moving stop losses to breakeven can be a good or bad thing, depending on your timing. In this article, we show you the perfect time to move stop losses to breakeven.
Breakouts are frequent in Forex, but not all of them are true. However, there's a way to confirm a breakout. Today we'll be looking at four breakout confirmation methods, and we're going to practice them on an actual Forex chart.
With an enormous amount of currency pairs and commodities that the forex market has to offer you, it might be tough to choose the best pairs to trade. But we’re here to help!
The ultimate aim of indicators is to present market data in ways that encourage interpretation. But what various uses should you expect to extract from indicators?
The first thing many traders do when they open their forex charts is to add a pivot point indicator. But not many people understand what the indicator really is and how it works.
Forex trading can make a great side gig. This way, you can always fall back on your full-time job, if you lose your trading capital. But is it possible to trade forex as your major business?
In forex, there are always those key price levels that hugely affect market sentiments. What are they? And how do you identify and trade these key levels?
