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...
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...
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...
In trading the markets, there are many things that separate successful traders from those who end up losing money. Knowing what these things are can help you become a better trader, and potentially make more profit in...
There are many reasons new traders lose money in the markets. Inexperience is one of the biggest. New traders usually lack the knowledge, skills, and experience to properly analyze markets and make informed decisions. They often jump...
For many people, trading is seen as a way to make quick and easy money. However, this could not be further from the truth. In reality, trading is a complex endeavour that requires a great deal of...
As I discussed, traders need to treat trading as a business and not a casino. Most of the focus is generally on the revenue side. . After all, you need profitable trades to run a business. The...
For those involved in Forex trading, this is a catastrophe that most experienced . What I heard from many of you out there is that yesterday was a Bloody Friday . I am going to talk about...
In the earlier days of retail forex, the term “news trading” was widely used as the strategy was to put in orders before a data release, often on both sides of the market. This was in the...
This is an important tip because many traders treat both sides of the market the same way. Have you ever had a winning trade and held out for the last pip only to see your target miss...