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...]
The Difference Between Trading Spot Forex and Currency Futures
Public interest in trading forex has grown considerably in recent years with the advent of online forex trading. Prior to this development, most individuals either had to trade quite large amounts of … [Read more...]
How to Trade Triangle Chart Patterns Like a Pro
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...]
The Forex Newbie’s Guide to Building a Trading Plan
The huge foreign exchange market has only recently become widely available to retail traders after the introduction of online forex brokers. These days just about anyone with a modest cash deposit, a … [Read more...]
Basic Principles of Technical Analysis in the FX Market
When you trade Forex, you should carefully implement an analytical approach as part of your trading strategy. If you have been around the markets for any length of time, you will have heard of … [Read more...]