False Breakout - How to Avoid and Even Trade It?
Have you ever seen a key resistance level breached and entered a long position right before the market turns the other way and dumps hard?
Have you ever seen a key resistance level breached and entered a long position right before the market turns the other way and dumps hard?
If you are a forex trader, you probably fall into the category of either scalp trader or day trader. The line that distinguishes the difference between a day trader and a scalp trader is a blurry one.
Are you trying to master the concept of trading supply and demand in Forex?
Alongside Googling “how to make money online”, entering a search query “how to become a successful Forex trader” is going to yield almost as many misguided and sensationalist recommendations.
The difference between a lagging indicator and a leading indicator is pretty self-explanatory.
If you’re a Forex news trader, then with no doubt you’ll understand that finding the right NFP trading strategy could well be considered the holy grail.
In the capital markets industry, a lot of emphases is put on timing, and this is especially true for the online Forex trading niche.
Starting as a Forex trader means understanding and applying support and resistance levels in trading strategies. What if you could predict possible support and resistance zones before they form? You can, by identifying round levels.
One area all traders struggle with is determining where to place their stop loss. Fiddling with a Stop Loss can be a sign that you are on a slippery slope to Margin Call or worst, Stop Out.
Since the Forex market is always open, it raises a common question: is there a best day to trade Forex?
