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...]
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...]
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...]
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...]
Trading currencies in normal market conditions typically involves taking calculated risks, but trading them during major news events can be far riskier. For this reason, many conservative forex … [Read more...]
There are many different analysis tools in Forex trading. If you look at a chart template that some traders use, you might get easily confused by the many indicators plotted. Although Forex indicators … [Read more...]
The foreign exchange market holds the remarkable position of being the world’s largest financial market. Prior to the advent of online forex brokers that brought forex trading to the masses, this huge … [Read more...]