3 Steps to be a Forex Trend Trader

3 Steps to be a Forex Trend Trader

A trend trading plan can be created in 3 simple steps Traders can find a trend and then look to trade a price breakout Managing market exits can be done using previously identified highs and lows It ...
The Secret to Forex BEGINNERS

The Secret to Forex BEGINNERS

Trading in forex markets really as simple as as cutting your losses off quickly and letting your profits run? Ask any profitable trader and the answer may surprise you. (See also: How to plan a forex...
4 Types of Indicators Forex Traders Must Know

4 Types of Indicators Forex Traders Must Know

Successful forex traders know how to use market indicators that reveal the best time to buy or sell a forex cross rate. Here are four of the most popular. The first one is a trend-following tool, whi...
forex correlation 2

Forex Correlation

Correlation is a measure of the similarity of two currency pair charts. If every time one chart moves up or down the other chart moves by a similar amount in the same direction we say that one chart ...
fibonacci retracement

Fibonacci Retracement

Fibonacci retracement in forex and other forms of trading using technical analysis. This is a fascinating subject. Leonardo Fibonacci was a 13th Century mathematician, considered by many scholars to ...
support and resistance

Support and Resistance part 2

In the previous article I showed you the basic principles of horizontal support & resistance. In this I show you how to use this key fx trading skill to find entries for potential winning trades ...
Trend Lines & Channels

Trend Lines and Channels

Thus far we have covered the subjects of horizontal and diagonal support & resistance. In this article I will show you some live examples of trends and channels. A channel is formed when an upper...
trendlines-example

Forex Trend Lines

Trading “with the trend” is the safest, most conservative way to buy or sell commodities, stocks or currencies. If price is clearly going in an upwards direction then it is said to be in an upwards t...