Trading Tips
Modern View of Classical Forex Patterns
Forex patterns are price models which often repeat in the market and result in certain regularity in the future price behavior. In other words, pattern-based trading should give a percentage advantage in determining the direction of the subsequent price movement.
How to Draw a Trend Line Properly?
Most traders use a trend line (hereinafter referred to as “TL”) both to analyze and make trading decisions that makes TL an important working tool for technical analysis. We highlighted the word “working”, because we believe that the simpler the technical analysis tool, the more traders will take it into account during their trading and the higher is the probability that the price will interact with it (in our case, with TL).
Simple, Yet Effective Currency Pairs Correlation Strategy
Currency pairs correlation is usually the thing that everybody has heard about before but nobody really knows how to use it properly.
Regularities in Forex Trading - Part 2
Welcome to the second part of the article. You can find the first part here.
Regularities in Forex Trading - Part 1
Probably all newbies who step into Forex trading for the first time, dream of making good money.
How to Set Take-Profit Properly?
If it seems to you that price doesn’t hit your Take-Profit order level intentionally and constantly or you simply don’t know where to set your take-profit, you’re in the right place.
How to Set Stop-Loss Properly?
We suppose that you’re already familiar with the concept of stop-loss. However, let’s learn what the right stop-loss means.
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