Currency trading is full of plans, strategies, systems and rules so it is very easy for a beginner to get confused. In order to succeed in forex you need to be organized, disciplined, and alert to the market. However, when you trade currencies it is
OK so, For example, I was looking at the GBP past couple weeks, most of the reports I read on forexfactory from the red flag news, like reading the report from them, where all hawkish/bullish but then the bank statement comes out and it was very
One of the features that have developed out of recent technological advances into electronic trading and in conjunction with the rise of internet trading is the wide availability and use of forex trading signals. The goal for seeking out and using
I'm pretty new to trading and was just wondering if there's a website or resource available where I can check to see if I've plotted my support and resistance levels correctly
When placing a trade in the market, professional traders always include a plan for managing their risk. One traditional method for setting risk levels is through the use of technical indicators. In previous articles we discussed using ATR and the
s it actually important to be on the best setting or is it okay to trade on either safely? Is it possible to know what is the most widely adopted setting? What is your candle end time if you use daily charts in your trading? I have a feeling that
hat is it about forex that really grinds your gears? I'll get the ball rolling... When you've been in a trade for 2 days, patiently waiting for it to reach your TP. You watch and wait, eventually it gets within 5 pips of TP then, Bam!, 50 pip drop in
Trading psychology is the perception change that you go through once you are actively in the markets trading your own money. When trading in a demo account it seems like it would be easy to make money and there seems to be no reason why you wouldn’t
