Every trader reaches a point where they have to stop and ask themselves what kind of trading analysis is best for achieving top results. Most get to this question pretty quickly after learning about the Forex market...
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Most traders have a workstation, where they analyze charts and, really if you boil it down, what they are doing is looking at historical price behaviour. Charting is one of the very first — and one of...
EURUSD Daily View Today’s US Data had a tremendous effect on EURUSD, sending it to a free fall, and breaking every single Support – real or imagined one. It is not a problem to comment on it...
While most traders do not trade the U.S. Dollar Index (USDX) it can be a useful tool for trading other currencies. At times it may be a missing piece to your trading puzzle so it pays to...
What is Fundamental Analysis in Forex? There are two broad categories of analytics people use when trading Forex. The first is called technical analysis, which usually refers to charts and tables — looking for patterns and trends....
In the world of electronic forex trading where an increasing volume is generated by automated programs, it is amazing that psychological or emotional levels still have a significant impact. It may be that my mind acts as...
What is Technical Analysis in Forex? There are many tools that can help traders learn how to trade Forex, and one tool is called technical analysis. Technical analysis refers to the theory that it is possible to...
This is another one of my favorite trading tips. The first step is to understand why retracements work. The next step is to find a way how to use retracements in your trading. and I will explain...
Just today Gold has hit it’s new record high of All Times – 2365.34 $ per Ounce. In the past year it has surged roughly 16%, and just in the past month 5.6% And what are the...
The 3 Types of Forex Market Analysis Before diving straight into forex trading, you need to get some basics out of the way. This way, you can cut losses on your hard-earned money. If you want to...
The pair is in clear Uptrend, and Swissy never looked so vulnerable. CHF is hit even from the USD , and that is not it’s usual state of affairs. Resistances come at : 0.98950 , 0.99150 and...
If you’re a trader in the market, it’s essential to understand that time is your most valuable commodity. As a beginner, getting overwhelmed by all the information available about the market is easy. Don’t get paralyzed by...
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