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 will … [Read more...]
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...]
Click Here to Get the Audio Version of this Blog Post The Benefits of Intermarket Analysis as a Trend Forecasting Tool 14:43 Intermarket analysis was popularized by renowned financial 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...]
Click Here to Get the Audio Version of this Blog Post The Difference Between Trading Spot Forex and Currency Futures 15:20 Public interest in trading forex has grown considerably in recent … [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...]
Click Here to Get the Audio Version of this Blog Post The Forex Newbies Guide to Building a Trading Plan 18:16 The huge foreign exchange market has only recently become widely available to … [Read more...]