To become a profitable forex trader, you need to know how to analyze the market. The proper analysis provides you with the best currency pair to trade. Also, it gives you the best point to enter and exit a trade profitably. There are three different methods of forex market analysis. […]
Is it Profitable to use Fibonacci Retracements In Currency Market?
How Can Effectively Use Technical Pointers in Forex?
Technical pointers are arithmetic tabulations that are schemed as lines on a graphical price representation. Technical pointers can assist traders and merchants alike in identifying certain trends within the market. Whether or not you are party to commodity or forex exchanging, it is in your best interest to employ technical […]
How Scalping Technique is Reshaping Forex Trading
Forex scalping is a forex trading technique where a forex trader participates in vast trade niches to consolidate the different profits earned. It allows a trader to risk on many forex trade pairs thereby increasing chances of widening the profit base. Forex scalping has both pros and cons and is […]
Reasons Why You Should Consider Using Fibonacci Retracement Strategy in Forex Trading
Three Most Profitable Forex Trading Strategies
Best Forex Breakout Trading Strategies for Beginners
One of the most exciting forex trading strategies is the breakout, which occurs after a price movement beyond a certain level. The popularity of the process is because prices move rather too quickly, leading to trading when momentum is in your favor. Forex traders use the breakout strategy in their […]
How to Interpret Relative Strength Index (RSI) and Other Forex Oscillators
3 Shortcomings of Moving Averages that Every Beginner Forex Trader Should
Moving averages are commonly used by beginner traders. This is because they are easy to calculate, understand, and incorporate into one’s trading strategy. And since they use actual forex market data, using them to analyze price movements tends to help in reliably predicting future price movements. However, as a beginner, […]
How to Use Bollinger Bands in Forex Trading
Bollinger Bands are common with traders and technical analysts in all markets, including Forex trading. It is crucial to have a successful strategy that will help your net profits if you are trading with currencies and are looking for incremental price moves for profit, recognizing trend changes fast and volatility. […]