Getting started You can get started right away without money and without having any idea what you are doing. To do this - you open what is called a demo forex account. Your goal is to build a sustainable track record of successfully trading with fake money...
Many traders know about candle patterns and use some of them as an additional signal for trading. This method is very intuitive because of its graphical representation. Unfortunately this simplicity conceals a flaw which is not visible at the first sight...
Finding quality trading opportunities can be a challenge even for the most seasoned trader, but your system’s inherent probabilities can be improved when you begin working in multiple time frames...
The word “leverage” is often associated with trading, and this magic word is more hyped up in the world of Forex trading compared to the trading of other financial instruments...
Dear friends, My strategy is based on Elliott Wave Theory and Glenn Neely Extensions. I'm using some software for better analysis. BE CAREFUL!! ---> My Stop Loss for each position is 3000 pips! sometimes more!! Lot for each position is 0.01 per $1000...
Swing Highs and Lows The first thing that we need to recognise is what is a Swing High and Swing Low. This is probably the easiest part of price action and bar counting although the whole process gets easier with practice. I define a swing high as; A three bar combination...
Stock Investing Advices #1: Simple Business Model It is not just about simplicity, but also something that you can understand. Stock Investing Advices #2: Wide Economic Moat Simply said, the company should serve valuable niche market with price inelastic products or services...
Warren Buffett, Chairman of the Board and CEO of Berkshire Hathaway, says parents should start teaching children about importance of money at an early age, even in preschool. Do you think most parents do a good job teaching their kids about money...
The number of Americans who filed for jobless claims plunged last week, indicating that the labor market continues to grow stronger. Fresh applications of state unemployment benefits declined 14,000 to 289,000 for the week through August 2, said the Labor Department on Thursday...
The easiest way "to invest like a billionaire" is start betting with a billion dollars. If you don't have that, there is still a chance to invest like the super rich - join the new exchange traded fund with an attractive methodology. The question is whether this is a trick or it really works...
You might think that investing in the stock market is only for people with a lot of money to spare or someone that has, unusually good luck. Nothing could be further from the truth...
This method has been proven delivering profit on my daily trading and I just broke my own trade record in last week. Usually, I did about $1000 – $2000 a week. But since I discovered about the secret of high volume trade and the behave of candle, now I can produce about $10.000 – $15.000 a week...
Bollinger bands were created by John Bollinger in the early 1980s. The bands have similar theory and application with the Moving Average Envelopes...
Looks like the pound’s glory days are over! After its steady climb since the start of the year, the U.K. currency has been having trouble sustaining its gains and here are three reasons why it could be in for more selling. 1...
Dow Theory asserts that major trends have three distinct phases: accumulation, public participation distribution. The accumulation phase represents the first part of the trend in which those who are well-informed buy or sell...
There are two major approaches to analyzing the currency market: fundamental analysis technical analysis. The fundamental analysis focuses on the underlying causes of price movements, such as the economic, social, and political forces that drive supply and demand...
If H4 price will break 1.0943 resistance level on close bar so the primary bullish will be continuing. If not so we may see ranging market condition...
Every trader knows that the market is a periodic entity. It is not surprising. Weeks, days, sessions start over and over again by a global schedule. Montly reports, seasonal changes, and most other things happen regularly. And even the quotes themselves are organized into a series of uniform bars...
