Candlestick patterns are an essential component of price action analysis. Candlestick formations can provide high probability signals about a potential outcome on the price chart. Therefore, Forex … [Read more...]
Many novice forex traders who find they really enjoy speculating on currency pair movements start to wonder about how they might be able to make trading a career for themselves. Some of these … [Read more...]
Volatility is the change in the returns of a currency pair over a specific period, annualized and reported in percentage terms. The larger the number, the greater the price movement over a … [Read more...]
Chart pattern recognition is one of the most popular techniques to trading the forex market. There are many different types of chart formations that a trader can study and incorporate into their setup … [Read more...]
High frequency trading systems enhance the liquidity of the foreign exchange market, but in many cases this benefit comes with a cost. Given the assumption that the forex market is one of the … [Read more...]
An important consideration to take into account when comparing forex brokers is how they execute customer transactions and whether or not they take the other side of each order and transaction you … [Read more...]
As with any form of speculative activity, the importance of psychology in forex trading simply cannot be overestimated. Humans are emotional beings, and they have well-defined psychological traits … [Read more...]
I am a big fan of trading with harmonic patterns in the spot forex market because they provide very precise conditions for evaluating the validity of the patterns, and offer a high reward to risk … [Read more...]
A foreign exchange transaction requires the exchange of one nation’s currency for that of another. As such forex speculators should keep a keen eye on economic activity in multiple countries. Before … [Read more...]
There are literally dozens, if not hundreds of ways to trade the forex market. We have discussed some of these technical trading methods in our articles. Today, we will go through a specific set of … [Read more...]