Online Forex trading for beginners is not can be challenging if you are not with the right broker. Therefore, choosing the best Forex broker online is the first thing that you need to do as a beginner trader. Many Forex-newbies fall into the trap of scam brokers, whose only purpose is to steal their money. […]
Trading with a small Forex account is both a blessing and a curse. Blessing, because one can fail without much harm in case things go wrong. Curse, because if you trade Forex successfully on a small Forex account, you’ll have a hard time doing the same on a bigger one. One of the best practices […]
The most popular Forex trading platform among retail traders, the Metatrader 4 has some fantastic features. A beginner’ guide to retail FX trade must start with understanding the Metatrader 4 platform. A Forex platform has the capability of bringing traders together. Those aren’t just big words. That’s reality. The Metatrader 4 is so popular because […]
Making money is the ultimate goal for anyone engaged in Forex trading. Currency trading sounds exotic; friends will find your story interesting, and the unparalleled rewards worth the trouble. But can anyone do it? Making money in Forex trading sounds very easy if judged by the media advertisements. Just pick a Forex broker. Next, open […]
Every person coming to the foreign exchange market wants to succeed. But what are the best practices a Forex trader to follow? Is there a guide to success? Or rules to follow for Forex traders to make it? For sure, there is none. More precisely, none to fit every Forex trader in the world. As […]
With an average daily trading volume of more than $5 trillion, the foreign exchange market – forex for short – is clearly a lucrative one. Forex involves the trading of world currencies in a decentralized global market and has become the hottest area in world trading in recent years. Forex is becoming increasingly popular around […]
Dear Traders, I am happy to present you the replay of our FREE webinar on “What is Forex and How to Profit from Currency”. I would like to thank to the people that attended the webinar and who were active during this session that lasted for about 2 hours. Thank you! The others who were […]
This Forex trading example involves a Hammer Candlestick pattern, which signalizes the end of a decrease and the beginning of an increase. All this happened into a Forex channel, which gave us a better picture of the scope of our Hammer Reversal candle trade. We traded until the price reached the upper channel level. Live Trading […]
In this live Forex trading example I attempted to trade a bounce from a bearish trend line on the M5 chart of the AUD/CAD Forex pair. This created a nice short trading opportunity on the chart. However, things did not develop exactly as planned and I did an early exit from the trade. Signals of the […]
In this live Forex trading example i will show you the way I traded a bearish impulse that came after a Forex support breakout. The example takes place on the H1 chart of the AUD/USD Forex pair a.k.a Aussie. The trade also involves the successful usage of a Hanging Man candle pattern as a confirmation. Signals […]
