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
Forex Trading Strategies
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
Breakout Trading Guide
Breakout trading is present in the forex market all the time. Every single movement in the foreign exchange industry is also a possible price that breaks a level. That's why breakout strategies are very popular in the investment industry. Identifying breakout chart events and what are the best strategies for break out trading could potentially become an exciting opportunity … [Read more...] about Breakout Trading Guide