When it comes to trading, one of the most important decisions you need to make is what timeframe to trade. There are a lot of different opinions on this topic, but we will try to provide you...
With USDJPY extending its high marginally to a 34-year peak at 151.97, Japanese officials have stepped up verbal intervention warnings. As a result, Japanese officials face a credibility test after Finance Minister Suzuki said they could take...
The moving average is often used to determine when to get into a trade based on when the trend is about to reverse from the way that it has been going. This may be the ideal moment...
With USDJPY setting a new 32-year high, traders are keeping one eye out for any hints of intervention, This has seen Japanese officials step up verbal intervention in an effort to contain or at least deter the...
Professional traders are generally prepared for what to expect following a major economic news release or key news event. . • They expect liquidity to thin • They expect gaps in market prices to often occur •...
Simple Moving Average vs. Exponential Moving Average Moving averages come in two different forms, the simple moving average and the exponential moving average. Both are important to successful trading, and both should be understood by the...
Exponential Moving Average (EMA) Explained Sometimes the simple moving average that people use when trading is a little too simple. This is to say that while it does calculate the average over a period of time between two...
Many years ago, an old-time commodity trader introduced me to what he called the 4 Week Rule. I was a short-term spot trader, but I kept it in my memory as it can give a clue to...
One of the most used technical indicators is what is known as a moving average. This is simply a calculation of the average price of the market over a given period of time shown moving consistently with...
Typical forex has to do with forex trading of currencies and foreign exchanges. For example, currency traders often hope their preferred currency value will increase against other currencies. Your analysis based on indicators like moving average or...
This is the third installment of my common sense trading tips. These tips are what the tile says, they are based on a common sense approach to trading. I firmly believe if something makes sense to you,...
When one major currency is paired with the currency of a non-major, traders refer to these pairs as exotic currency pairs. Such emerging economies might include Brazil, Mexico, Peru, Greece, or Poland, as an example. There...