There are several things you will need to know when you ask the question “how to start forex trading”. Whilst the principles of forex trading are fairly easy to grasp, the markets are full of pitfalls for the unwary beginner forex trader. Make sure that you give your forex currency trading career the best chance […]
Whilst the simplest candlestick patterns can be successfully recognized by virtually any trader regardless of experience, there are some more advanced patterns which require a bit more skill to successfully identify and often these patterns can lead to excellent profits when interpreted correctly. Often these patterns can contain three or more candlesticks and they must […]
There are many tools available to assist veteran and novice traders in trading the financial markets; however, it is the choice of tool and its proper application, in addition to the discipline of the trader that distinguishes the trader as being consistently successful. Fibonacci price projections are such tools used by professional traders to consistently […]
Forex trading is actually a 24×7 process, especially for those who are serious about this activity. While trading goes on at all times, it is not always physically possible for any individual to be online and trade the entire time. Common problems like poor internet connectivity, electrical failure as well as technical problems such as […]
The GBP/USD, also known as the cable, is one of the most volatile currencies on the Forex market and is well known for its quick swings in trends. It is however the currency that is the most traded and the currency that is the most profitable in the shortest time. Scalping the GBP/USD is a […]
Every Forex trader has developed their own style of trading, over a period of tried and tested methods, that they personally like to use for successful day trading. The key is to develop a set of indicators that you can use to gauge a trade entry and exit point. All traders will use some sort […]
If you are interested in Forex trading, but really don’t know all that much about it or where to start, you should take some time to learn as much as possible about the ins and outs of this type of investing. Although you can make a lot of money, there is also the potential to […]
It seems ironic that what is widely recognised as the best forex trading method is criminally underused. We call this method ‘price action’ and it’s as old as the stock exchange itself. The technological world we now live in has hindered a lot of traders in that they’ve become lazy. It’s like the traders of […]
