Whether consciously or not, every technical analyst incorporates some form of support and resistance. This concept is the bread-and-butter of trading in any financial market. Any newbie can observe a chart and realize that price constantly bounces around similar levels over time. Ultimately, you want to … Continue Reading about Supporting the Resistance: Key Levels in Forex
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Forex Basics
All About Exotics: The Third-Most Traded Currency Forex Pairs
The Oxford dictionary defines the term ‘exotic’ as (to paraphrase) something originating from a foreign country. Since we are dealing with … Continue Reading about All About Exotics: The Third-Most Traded Currency Forex Pairs
Top 5 Most Volatile Forex Pairs to Follow
The nearly 100-year-old American investment advisor and author John Train put it best when they said, “For the investor who knows what he is … Continue Reading about Top 5 Most Volatile Forex Pairs to Follow
Forex Trading Guides
How to Trade False Breakout
The goal of a breakout strategy is to profit on a large move that follows a pattern that is relatively easy to spot. Seasoned traders know the importance of being ready for several false breakouts while catching the … Continue Reading about How to Trade False Breakout
Best Forex Portfolio in 2022
The old adage advises us never to put all our eggs in one basket. This is sound advice, especially for investors, as investing all your capital in one vehicle can prove detrimental when the said vehicle goes south. … Continue Reading about Best Forex Portfolio in 2022
Best Currencies to Day Trade in 2022
In the FX market, currencies are traded as pairs. This means by buying a pair, you are simultaneously buying the first currency, called a base, and selling the second, called a quote currency. Selling a pair means … Continue Reading about Best Currencies to Day Trade in 2022
