August 22, 2021
There are two main approaches to technical analysis trading, and both approaches have generated a lot of discussion from traders on either side. The two approaches are indicator-based trading and price action trading. In this article, we’re going to close
August 17, 2021
Forex trading is an exciting and potentially lucrative endeavour. There are many reasons to trade Forex.  However, as with most rewarding pursuits it requires effort, patience, and time. While the path to success is relatively straightforward, that doesn’
August 12, 2021
Developed in the 1950s by George Lane, the stochastic indicator has grown to be one of the most popular indicators today. And this popularity is no fluke, since the momentum data carrying indicator gives buy and sell signals with reasonably high accuracy.
July 29, 2021
The trading style you adopt in forex plays a huge role in how frustrated or stressed out you would be on your forex trading journey. Of the four major forex trading styles, scalping and swing trading represent the opposite ends of the spectrum. In this ar
July 24, 2021
There’s been a lot of buzz about multi timeframe analysis lately, but what exactly is this type of technical analysis and why should you incorporate it into your forex trading strategy? Multi timeframe analysis is a holistic approach to technical analysis
July 14, 2021
Have you ever seen the market bounce hard off a key level, but the trend is still overwhelmingly against the bounce? Known as bull or bear traps, depending on the direction of the prevailing trend, trading these patterns is certainly no easy task. These f
July 10, 2021
Identifying and drawing support and resistance levels are usually some of the first few things a novice trader learns in forex technical analysis. And depending on the instructor or trade academy, there are several ways to draw these levels on your charts
June 29, 2021
Have you ever been in a trade where everything seems to be going according to your analysis? You take your eyes off your charts for a moment and return to find that your trade has closed at an unexpected loss. A wick probably shot out to take out your sto
June 20, 2021
Forex is an extensive market with an endless list of currency pairs to trade. But some of them take the lead when it comes to trading volume. We call them major currency pairs or FX majors. These major currency pairs are the most heavily traded currencies
June 16, 2021
Many new traders believe that finding success in Forex trading, or financial markets trading generally, is simply the product of finding a strategy that works and applying it to the markets consistently. However, any seasoned trader will tell you that thi