Forex – Order of The Pack What is the order of the Wolfpack? The alpha pair commands the whole group, while the beta pair directs the mid-level wolves, and the adults take charge of the remaining...
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Tag: Pound
A rectangle chart pattern may appear if a pair continues to bounce between a high and a low over and over again. When it bounces back and forth like this, the trend lines can start to take...
According to Investopedia, Rebalancing is the process of realigning the weightings of a portfolio of assets. Rebalancing involves periodically buying or selling assets in a portfolio to maintain an original or desired level of asset allocation or risk. ...
What is the Forex Market Quite plainly, it’s the global financial market where people trade currencies. If you think a currency will be stronger versus the other, and you take a position that validates your thinking, then you...
Why Can’t I Make Money Trading? I received the following from a struggling trader. I feel like I am in your death spiral. I make some, lose some but my losses exceed gains and my account...
Knowledge is Power It is said that knowledge is power and in the world of trading it means you need to be aware of what consensus forecasts and range of estimates are for upcoming economic releases. It...
Trader Alert – EURUSD This may seem obvious, but YOU HAVE TO ALWAYS BE ON GUARD FOR A SURPRISE. Anyone who has traded the forex market or any other global market over the past...
I first heard the term “feels bid in an offered market” on the Global-View.com Forex Forum many years ago. It was posted by one of our professional trader members, LA Mel, who used the term mainly for the...