The average retail forex trader should be familiar with Fibonacci retracement levels, and may even use it regularly within their trading program. In this article, we will dive into a somewhat lesser … [Read more...]
False Breakouts and Fakeouts Can Be Profitable Setups
Trading breakouts is a popular and viable trading strategy. However, as all breakout traders are aware, some breakouts will not materialize and turn out to be fake or false breakouts. This can be … [Read more...]
How to Use Average True Range (ATR) Indicator for Optimal Results
There are several different class of indicators that a trader can utilize. And based on the specific goal, such indicators can help in the overall decision-making process. Most traders are familiar … [Read more...]
Popular Short Term Trading Strategies Used By Forex Traders
Before allocating any money in the markets, a trader needs to decide on the trading timeframe that they will be focusing on. This should be clearly spelled out within each individual trader’s business … [Read more...]
Forex Pip Values – Everything You Need to Know
Price movements within the spot forex market are represented in pips. A pip is the minimum tick that a currency pair moves up or down. The value of a pip may be different from one currency pair to … [Read more...]