A solid currency trading strategy consists of entering a trade at the right place, having a stop that is properly calculated, and setting a reasonable profit target...
Are Your Stop Loss Killing You?
Currency day trading generally involves moving in and out of the market within a short time, from a few minutes when the market is moving quickly to a few hours,...
The Forex Almighty Stop Loss
Stops matter more than almost anything else in trading. So few understand them. Some don’t even use them at all – mental or otherwise.
The misunderstandings about...
Secrets Of The Forex Price Chart
Bulls live above the 200-day, bears live below
Are you flying with the birds or swimming with the fishes? The 200-day moving average divides the investing world...
The Three Trendline Strategy
Newcomers to trading the foreign exchange currency markets do well to accept the observation of experienced seasoned traders that the idea of a perfect Forex trading...
Trendlines Versus Horizontal Lines
In developing a personal Forex trading style it is likely a trader will experiment with numerous technical indicators over time but eventually end up with just...
Point Checklist For Using Trendlines
Forex trading education naturally falls into two parts:
First the easy part, learning technical indicators, how to use a trading platform, the terminology, etc.
Secondly...
How To Draw DeMark Trendlines
When searching for Forex information on the internet you are likely to find articles relating to trendlines and trendline analysis.
Tom DeMark is a specialist...
Pivot Point Trading Strategy
Pivot point trading can greatly simplify Forex day trading.
Pivot points provide good reference points at which to enter or exit trades as well as give an indication...
Pivot Point Guidelines For Success
What do we mean by pivot point trading?
It simply means that Forex traders take into account pivot points calculated from the previous day's trading range and...
Top Forex Indicators You Need
When developing your own forex trading style, there is a danger in becoming fascinated with indicators.
The newer trader experiments with one, finds it doesn’t...
Using Support And Resistance
Why are support and resistance levels crucial when participating in the Forex day trading market?
Simply put, they represent key, strategic price points at which...
Simple 200 EMA Forex Strategy
Are you a relatively new trader looking for a solid forex strategy?
A challenge facing many new traders when developing their forex strategy is the ability to...
MACD Divergence As a Forex Signal
Some traders regard MACD divergence as a Forex signal to enter a high probability trade. They almost suggest you get straight in to a trade as soon as you see MACD...
Using MACD As A Safety Indicator
How can you use MACD to your advantage?
If you want to be very cautious in your Forex strategy, going only for high probability trades, then pay attention to MACD...
Dangerous Problems In Forex Trading
When describing the most crucial problems in Forex trading I was trying to show you the worse obstacles that are between you and your success.
Every problem explained...
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