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
Day Trading
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
Leverage and Margin in the Forex Market. What is and how to calculate
What is leverage and how this figure allows you to trade a much more considerable amount of money when Trading Forex? Interesting question, isn't it? Today, we are going to talk about this unique tool that works in the whole financial system. Leverage works like magic. Imagine that you only have $200, but you are allowed to place a $10,000 position. How is that possible? You … [Read more...] about Leverage and Margin in the Forex Market. What is and how to calculate
Forex Reversal Patterns Guide
Reversal trading is the ability to identify patterns in the charts and then break it out. In forex, the trend is considered as your friend, and it certainly is. But it doesn't depend on what direction you want to trade it. The trend is your friend if you're going to follow it, but also, if you want to trade reversals. Forex reversal patterns are all over the market and … [Read more...] about Forex Reversal Patterns Guide
