Success. Everyone strives for it; few achieve it. That’s true specifically in Forex trading. What does it take to be successful in currency trading? An FX trader has odds against it from the start. Everyone wants a “bit” of his/her trading account. From brokers to other market players, they all influence prices. Except for the […]
Technical analysis is the base of speculation. Therefore, understanding technical analysis using multiple timeframes comes handy in Forex trading. Moreover, technical analysis using multiple timeframes by Brian Shannon became almost a cult among retail traders. And, for a good reason. Brian took technical analysis to a new level. His approach to Forex trading looks at […]
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 […]
Forex traders approach the market from different perspectives. Some expect quick and very fast profits. This is scalp trading. Others, invest. They have a different time horizon in mind. As such, scalp trading strategies simply won’t fit their personality. Retail traders love scalping. They like the idea of making a quick profit. If you come […]
Forex trading has much to do with trends. To ride them, traders look for trend continuation patterns. To fade them, they ignore continuation patterns and focus on reversal ones. There aren’t many continuation patterns technical analysis provides. But those that exist are enough for the right positioning. Any journey into continuation patterns technical analysis offer […]
For many of us, making money on the FOREX market would be a dream come true, providing both financially independence and a truly flexible schedule.
Consistent gains are possible once you learn the ropes, but only if you actually invest in your FOREX education. So what exactly do you need to learn? Read on to discover the 7 best ways to do exactly that.