March 22, 2021
One trading style that relies heavily on pivot points is the intraday or day trading. The reason behind this is that pivot point trading includes strategies that often allow intraday traders to get in and out of trades within a day. However, there are man
February 22, 2021
Fundamental and Technical analysis are the two approaches to trading forex. Fundamental analysis relies heavily on being able to measure the performance of the economies of currencies. And one way to go about this is through the news. As a result, there a
February 10, 2021
Trading the news has a number of advantages. First of all, you know in advance the exact time when you’re going to trade. Secondly, the price movement is almost always guaranteed. The latter, in fact, is the source of profit on the Forex market. Naturally
January 31, 2021
Are you familiar with the golden ratio? About how the ratio of the length of your forearm to the length of your hand is 1.618, the golden ratio. Or how the ratio of the temperature of an average human (37 degrees) to the perfect room temperature is 1.618.
January 19, 2021
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 watched price smash through support, entered into a short position only to watch the market bounce? Don’t f
January 8, 2021
The beautiful thing about forex is that it accommodates different trading personalities and styles. It bears various amounts of risk appetites, and anyone who knows their way around may make something out of it. As a result, different trading styles have
January 2, 2021
Pullbacks occur all the time in Forex. Ultimately, price could be ascending, descending, or moving sideways. But the pullback is always there. Pullbacks help Forex traders enter positions at better price levels. In an uptrend, for instance, a trader who i
December 10, 2020
There are many tools and information reports on the internet on which forex traders can make their trades. Some of those tools are useful enough to conveniently include in your trading strategy. One of such tools is the COT report. C.O.T. is an acronym fo
December 5, 2020
The Forex market always moves in patterns. This makes sense when you consider how price has and will only move in one of two directions: up or down. So, there usually aren’t new things happening in the Forex market. And if you look closely, you’ll notice
December 2, 2020
In an FX carry trade, you’re seeking to profit from a difference in interest rates between the two currencies within a Forex pair. This difference is what's known as an interest rate differential and, under the right conditions, can be highly profitable.