Choosing the right forex strategy is crucial for earning profits from trading. There are many forex trading strategies that are used by beginners as well as experts, but none of them can be called the most useful one. The best strategy for a user depends solely on him and his trading technique. Traders often panic when they see a strategy is working for others, but not for … [Read more...] about How to Choose an Appropriate Forex Strategy
Forex Trading Strategies
Five Types of Forex Strategies That Work
A complicated subject like foreign exchange (forex) requires the implementation of the right strategy or you may have to face a huge financial loss. It is important to maintain your discipline throughout the trading process. However, how can you ensure that the discipline will be enforced in all your trades? One of the best ways to resolve this issue is by having the right … [Read more...] about Five Types of Forex Strategies That Work
Moving Average Guide
The Moving average is one of the best tools to identify trends in the Forex market. You should always have it under your radar as it could be highly valuable for your trading strategy. You definitely should know how it works and what moving average tells you before placing trades. This lagging technical indicator is so important that many of the most popular technical … [Read more...] about Moving Average Guide
Fade Trading Guide
Although the trend is your friend in Forex, some traders like to go against the tendency and try to make money from specific and short term conditions when the market gets tired of a movement. It is called Fading strategy. Fade trading is well known as the art of the contrarian trade and the anticipation of the profit taking, in both long and short term. But, how does a … [Read more...] about Fade Trading Guide
Fibonacci Retracement: How to use sequence, extension and levels in Forex
Fibonacci retracement, what is it? As you may know it, investment markets use natural comparison or studies from other research fields such as oscillation, momentums, and in this case, the Fibonacci sequence. The Fibonacci numbers are everywhere in the world. Yes, it is a mathematical sequence, but it is well presented in nature, music, computational analysis, and in optics … [Read more...] about Fibonacci Retracement: How to use sequence, extension and levels in Forex
