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.
Whether you are trading Forex or any other asset class, you are using one of two orders types; a Market Order or a Limit Order. Any other order types you may be familiar with are just variations of Limit Orders and Market Orders.
Did your hairdresser spark up a conversation about them buying Bitcoin in November 2017 or did your dad ask you to help open a Coinbase account?
Leverage allows a Forex trader to increase their position size beyond what they’d normally be able to trade, if they were using only their own account size.
Have you ever experienced an unexpected Forex market spike that took out your stop loss?
We've separately explored each of the three types of Forex analysis and offered indicators to help you create a trading strategy that lets you combine the best of each.
Sentiment analysis in Forex evaluates whether traders are net short or net long within a particular Forex currency pair.
As a trader, it’s imperative that you understand the difference between stop loss and stop limit orders.
Trailing stop is a trading terminal feature that allows you to automatically drag Stop Loss order along with the price with a small lag (at a certain amount of points).
Fractal used in Forex trading is a local high or low, which is marked by an up or down arrow on the price chart. They are indispensable assistants for Forex traders.
