Forex Trading Tip: How to Use Retracements to Your Advantage Retracements are a necessary evil. They are a market’s mechanism to shake out weak longs or shorts when positions get too over extended on one side...
What do you think about social media trading? Social trading is the process through which online financial investors rely on user generated financial content gathered from various web applications as the major information source for making...
Forex Wisdom Forex Tips for every Trader Any market, be it real estate market or forex market, is all about transferring money from the masses to a few lucky ones in the long run. In most real...
Why You Should Treat Forex Trading as Being in Episodes Not Trends Most technical traders refer to momentum moves as trends. I prefer to look at the price moves as trading in episodes. Like a streaming...
What is Forex? When I started trading many years ago, foreign exchange and fx were the most commonly used terms in the forex industry. In futures trading, the words currency and currencies were mainly used to describe...
A New USDJPY Update From the Savvy Trader Since calling the top in USDJPY AT 160-162, I have been posting updates from one of Global-View’s long time and highly respected members who I nicknamed the “Savvy Trader.”...
Weekly Charts Analysis XAUUSD –Gold Weekly Chart Supports : 2415.00 , 2390.00 & 2295.00 Resistances : 2485.00 , 2525.00 & 2615.00 Gold is in a Very Bullish Formation, but needs to take out the previous High to avoid...
Weekly Charts 28.07. – 02.08. EURUSD Weekly Chart Resistances at : 1.08600 , 1.09500 & 1.09700 Supports at : 1.08350 , 1.08050 & 1.07450 Major Support comes at 1.06800 Major Resistance at : 1.09700 Pattern...
Understanding Forex Calculations The calculations in FOREX can be confusing, although they are not inherently difficult. Study will get you only so far, practice is the key. Use an online FOREX calculator to see how the various...
How to Calculate Heikin Ashi A new trader may look at the Heikin Ashi chart and think that it looks just like the candlesticks that one will see on a regular chart, but they are NOT...
Learn How to Use Heikin Ashi Charts in Trading Learn How to Use Heikin Ashi Charts in Trading What are Heikin Ashi Candlesticks? You may have some familiarity with a few chart types such as...