Forex traders have the option of trading in multiple time-frames. But, which style is best suited for those who want to trade within a day? Day trading is exactly that style. It involves short-term trading in one day to earn profits in the financial market. Those who are venturing in the forex jungle need to know certain basic ideas and styles about trading that will let … [Read more...] about Day Trading
Forex Trading Strategies
The “Sure-Fire” Forex Hedging Strategy: How It Works
The forex market is subject to several adverse events that often affect trader's sentiments, conversely fuelling wild swings. Traders deploy some strategies to protect themselves against adverse events. The ‘Sure Fire’ hedging has found increased use as a risk mitigation play in times of adverse events in the trillion-dollar market. What Is Hedging? Forex hedging … [Read more...] about The “Sure-Fire” Forex Hedging Strategy: How It Works
4 Price Action Trading Strategies (With Examples)
Price action is a trading strategy that involves looking and interpreting chart patterns over time. It is a common strategy that is often used independently or together with technical and fundamental strategies. The approach is based on the idea that the most important determinant of the future price of an asset is the price itself. It is applied well in day trading, swing … [Read more...] about 4 Price Action Trading Strategies (With Examples)
How to master the buy the dip strategy
What is buy the dip? Buy the dip is a popular trading strategy where a trader or investor buys an asset whose price has suddenly fallen. By buying, they believe that the decline in the asset’s price is a temporary thing and that the price will resume the previous upward trend. The strategy is premised on the basic principle of buying low and selling high. Importantly, … [Read more...] about How to master the buy the dip strategy
Types of Forex Breakout Trading Strategies That Work
Breakouts are a common phenomenon in the forex markets. Active investors await breakouts as they provide an opportunity to profit within the trend's early stages. Once price moves beyond a given barrier, i.e., range, volatility tends to increase, resulting in price moving with speed in the breakout direction. A break out essentially occurs whenever price moves above a … [Read more...] about Types of Forex Breakout Trading Strategies That Work
