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 momentum. As the name suggests, it refers to an attempt to break out of an established level … Continue Reading about How to Trade False Breakout
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Forex Basics
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 … Continue Reading about How to Trade False Breakout
Currency Pairs Beginners Should Stay Away From in FX Trading
In the FX market, currencies are traded in pairs. These pairs are classified into majors, minors, and exotic pairs. Major pairs are the most … Continue Reading about Currency Pairs Beginners Should Stay Away From in FX Trading
Forex Trading Guides
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
How to Exit Your Positions Correctly – Forex Risk Management
Overview Entering a forex position is easy as pie; exiting is anything but. We should consider trading the markets as a transaction of carefully-planned stages where we account for every phase. These can … Continue Reading about How to Exit Your Positions Correctly – Forex Risk Management
What Are the Fees a Forex Trader Pays and How to Keep Them Down?
There are expenses that forex traders must pay to conduct their trading. There are optional fees for items that the trader may choose to buy, such as news services, specialized technical analysis services, gadgets … Continue Reading about What Are the Fees a Forex Trader Pays and How to Keep Them Down?
