A cross currency pair is one that does not include the U.S. dollar. While the U.S. dollar is the most liquid currency, making up the majority of the volume traded throughout the globe, there are … [Read more...]
If you have studied harmonic patterns, then you should be familiar with the more popular types of patterns within the harmonic trader’s collection including Gartley, Bat, Butterfly, Crab, and Cypher … [Read more...]
There are various risks you must account for when actively trading the foreign exchange market. The forex markets allow traders to leverage a considerable amount of money which can generate … [Read more...]
The US Non-farm payroll report, which is part of the Department of Labor’s monthly release of employment figures, is considered one of the most important economic data points released during the … [Read more...]
There are many resources where you can find information on using and trading with traditional western methods. However, it seems there is not as much material written on some of the more popular … [Read more...]
The forex market was one of the original financial markets to provide quotations to traders around the clock during business days. This situation largely arose due to the global importance of currency … [Read more...]
If you are a fan of channel trading techniques, then you will definitely want to pay attention to the following article. Most traders are aware of how to draw and trade the basic channel structure, … [Read more...]
Every retail forex trader should endeavor to educate themselves thoroughly about trading margin and effective leverage and how it’s application can affect their trading activities. The concept of … [Read more...]
If you are a fan of pure price action Forex trading using candlestick patterns, then this lesson will be of particular interest to you. Today we will discuss a powerful candlestick formation which can … [Read more...]
One of the first things that novice forex traders need to learn is how to use the various forex broker order types and the implications of each. The exact number of order types available to you … [Read more...]