When you are trading Forex or any other financial market, you are primarily engaged in the business of taking risks in order to gain rewards. Basically, calculating the risk reward ratio quantifies … [Read more...]
Top Nine Forex Trading Tools That Every FX Trader Must Have
Trading in the foreign exchange market can be quite challenging for both novice and seasoned traders. This is why all forex traders with any level of success will augment their decision-making skills … [Read more...]
Major Economic Indicators That Drive the Forex Market
The forex markets are quite efficient, and many believe that all the available information is priced into every currency pair. When new information becomes available the value of a currency pair … [Read more...]
How to Trade Bearish and the Bullish Flag Patterns Like a Pro
Chart patterns are a crucial component of technical analysis. Each classical chart pattern provides the trader with a unique outlook on potential price movement. In general, chart patterns can be … [Read more...]
Random vs. Non-Random Walk Theory in the Financial Markets
Can portfolio managers outperform the major averages? More than four decades ago Princeton economist Burton Malkiel wrote his classic book “A Random Walk Down Wall Street” in which he argued … [Read more...]