What are some of the actionable tips that swing traders can apply immediately for better performance? It wouldn’t be wise to believe that swing trading is an effortless trading style to use continually. Here are a few little ‘tricks’ to make it worthwhile. Swing trading is not for the faint-hearted; it is the ultimate test of patience in the markets, coupled with lots of … [Read more...] about Tips for Better Swing Trading in Forex
The oil trading market is one of the most liquid and volatile in the global financial markets as the commodity accounts for more than 30% of the world’s energy usage. Strong demand for the commodity to power various operations often triggers wild swings that traders look to profit from. Therefore, oil is one of the most traded items, given the opportunities to profit that … [Read more...] about How To Trade and Profit In The Oil Market: Step-By-Step Guide
What is swing trading in forex, and is it the best trading style? After scalping and day trading, the third entrant on the list is swing trading, a system that requires a great deal of patience and long-term analysis but gears to offer less chart involvement and higher profits. Swing trading has been one of the buzzwords in forex for a long time. Although day trading still … [Read more...] about So, You Want To Be A Swing Trader In Forex?
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
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