As with any form of speculative activity, the importance of psychology in forex trading simply cannot be overestimated. Humans are emotional beings, and they have well-defined psychological traits … [Read more...]

I am a big fan of trading with harmonic patterns in the spot forex market because they provide very precise conditions for evaluating the validity of the patterns, and offer a high reward to risk … [Read more...]

A foreign exchange transaction requires the exchange of one nation’s currency for that of another. As such forex speculators should keep a keen eye on economic activity in multiple … [Read more...]

There are literally dozens, if not hundreds of ways to trade the forex market. We have discussed some of these technical trading methods in our articles. Today, we will go through a specific set of … [Read more...]

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...]