You will notice many different occurrences on your Forex charts, and one of the more interesting and common phenomenon is the gap formation. A gap is easily recognized on a price chart; it appears … [Read more...]
Attaining an edge by understanding the flow of capital is an important concept toward your trading success. Gauging investor sentiment and following the smart money will provide you with the … [Read more...]
As a forex trader, you have come to appreciate the value of trends in the market. Today we will discuss one of the techniques to analyze and trade price tendency in Forex, specifically the price … [Read more...]
Currency traders observing exchange rate movements in a currency pair that involves the U.S. Dollar often ask themselves whether price fluctuations are due to a revaluation of the foreign currency or … [Read more...]
Intermarket analysis was popularized by renowned financial market technical analysis expert John J. Murphy in his 2004 book entitled, “Intermarket Analysis: Profiting from Global Market … [Read more...]
One of the most reliable candle formations you can see on the Forex chart is the pin bar. Many traders consider this as one of the most powerful candlestick patterns for trading. So today’s discussion … [Read more...]
Public interest in trading forex has grown considerably in recent years with the advent of online forex trading. Prior to this development, most individuals either had to trade quite large amounts of … [Read more...]
I am sure you have heard about chart patterns in Forex trading and their relation to technical analysis. You probably know about Double and Triple Tops, Head and Shoulders, or Rectangles. In order to … [Read more...]
The huge foreign exchange market has only recently become widely available to retail traders after the introduction of online forex brokers. These days just about anyone with a modest cash deposit, a … [Read more...]
When you trade Forex, you should carefully implement an analytical approach as part of your trading strategy. If you have been around the markets for any length of time, you will have heard of … [Read more...]