May 26, 2021
Among the many Forex technical indicators to choose from, moving averages continue to be one of the most popular trading tools out there. Due to the effectiveness, beginner traders through to seasoned professionals include moving averages in their trading
May 17, 2021
A Forex chart is a kind of a window that gives us a glimpse of the forex market. It is often represented in the form of a graph, with the price displayed on the right side and the time shown at the bottom. You could call it a graph of price against time.
May 12, 2021
If you don’t have much time to learn how to trade, there’s really only two patterns you need to learn to develop a profitable trading strategy: The bullish engulfing candle pattern and the bearish engulfing candle pattern. These are the most reliable and
May 7, 2021
So, you’ve employed your strategies on the demo account and you feel you are ready to start live trading? Great! But how do you know for sure that you’re ready to switch over to a live Forex account? Here are 8 clear signs you’re ready to invest your mone
May 6, 2021
Understanding and identifying liquidity pools in forex is key if you want to become a better trader, but what are liquidity pools? Say you’re picking a bottom on EURUSD. You know you shouldn’t be, but the trend is up and it looks like a great trade with a
April 30, 2021
One of the most widely used sets of tools in forex is the Fibonacci one. And the most common Fibonacci tools are Fibonacci retracement, expansion, arcs, time zones, and fan. In this article, you’ll learn about each Fibonacci tool and how you can use it in
April 21, 2021
One of the biggest issues new day traders face in the forex market is a lack of strategy. It’s all too easy to get caught up in every little move on every pair, but when trading by the seat of your pants, eventually you’ll be caught with your pants down.
April 15, 2021
There is a popular belief among traders that you can start Forex trading with a little amount of money and become a multimillionaire in just a few weeks. This is highly unlikely. In fact, research shows that 95% of retail Forex traders fail to succeed, an
April 13, 2021
The rectangle is a simple technical analysis pattern that forms when parallel support and resistance levels cover the price at the top and at the bottom. You’ll often find this pattern during consolidation in trending markets. The price bounces within the
April 11, 2021
The foreign exchange market is the largest and most liquid financial market in the world, with razor sharp spreads and daily trading volumes in the trillions of dollars. It is also one of the least volatile markets in the world, with traders being forced