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?
Forex Trading Strategies
Improve Your Forex Trading With Volume
‘Change is the only constant’ is an adage that fits when talking about Forex. This is because it is a dynamic marketplace that requires traders to come up with constant improvisations in the methods they employ. Volume is one such component in Forex that can be leveraged to capitalize on the big price moves and attract huge profits. Read on to know about volume usage … [Read more...] about Improve Your Forex Trading With Volume
Day Trading
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
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)