The Zig-zag indicator is probably one of the most under-rated tools used in technical analysis. Unlike other trading indicators, the zig-zag indicator often sits in the background, and is mostly used … [Read more...]
Understanding the U.S Trade Balance Economic Report
The concept of the balance of trade is bounced around a lot in the trading community, but it is often misunderstood to some degree. In this article, we are going to take a deep dive into understanding … [Read more...]
Why You Need to Use a Forex Trading Journal
Just about all forex brokers will provide their clients with a record of every trade, margin amount, profit or loss and the amount of funds available for additional trades. Nevertheless, keeping a … [Read more...]
Understanding the U.S Retail Sales Economic Report
Economic data releases are an important part of the fundamental analysis process when trading Foreign Exchange. These data sets allow us to look at the current state of an economy and create forecasts … [Read more...]
How to Trade the Crab Pattern and the Deep Crab Pattern
Harmonic trading is a method of technical analysis widely used across forex, futures, and stocks. Harmonic trading uses certain price patterns which are subject to alignment of specific Fibonacci … [Read more...]