Overtrading remains one of the most destructive habits in forex trading, often leading to substantial account losses and emotional distress. While the draw of constant… Read More »6 Ways To Stop Overtrading In Forex
When you’re considering various trading timeframes, the hourly chart offers a sweet spot between the faster pace of day trading and the waiting periods of… Read More »Advantages of Hourly Time Frames Trading
You’ll find that mastering the combination of moving averages with MACD, RSI, and Bollinger Bands isn’t as intimidating as it might seem. While each indicator… Read More »Combining Moving Averages With MACD, RSI, and Bollinger Bands
Intraday momentum strategies may be the trading approach you are looking for. This approach allows you to capitalize on short-term price movements within a single… Read More »Intraday Momentum Trading in Forex
As an FX trader, you’ve likely seen moments when the market’s direction suddenly shifts. Recognizing these points can mean the difference between profit and loss.… Read More »5 Key Bearish Candlestick Patterns Every Trader Should Know
When it comes to trading Forex, identifying support and resistance levels can be a game-changer for your strategy. These price points often act as barriers,… Read More »3 Tips for Spotting Forex Support and Resistance
Whether a novice or an experienced trader, mastering these seven essential risk management strategies can mean the difference between consistent profits and devastating losses. From… Read More »7 Essential Risk Management Strategies Every Day Trader Must Know
When you start forex trading, you’ll realize that success often depends on your ability to interpret market signals effectively. While the forex market can seem… Read More »Discover the 3 Essential Indicators Every FX Trader Should Master
If you’re looking to capitalize on significant price movements in the forex market, breakout trading systems can be your ticket to success. These strategies will… Read More »5 Best Breakout Trading Systems for Forex
Predicting Forex market consolidation involves analyzing support and resistance levels, observing candlestick patterns, and monitoring volume fluctuations (FX Futures). Breakouts or breakdowns around key levels… Read More »Mastering Consolidation Patterns: Boost Your Trading Success
Multiple Time Frame Analysis Techniques in trading involve examining a Forex pair through different time charts to understand trends and make better trading decisions. This… Read More »Multiple Time Frame Analysis Techniques
Improve your forex trading skills by incorporating the Forex Pin Bar Trading Strategy. Pin bars, which are candlestick patterns indicating potential market reversals, are characterized by a long… Read More »Forex Pin Bar Guide
The three technical analysis concepts a trader should know are: the market discounts everything, reflecting all information in prices; market momentum and trend following, emphasizing… Read More »Mastering the 3 Key Principles of Technical Analysis
To effectively manage risks in Forex position trading, it is important to first establish your risk tolerance levels by considering your comfort level and trading objectives. Never… Read More »Forex Position Trading Risk Management Tips
Did you know that there are specific currency pairs that offer a level of predictability? While it may seem like trying to predict the movements… Read More »Guide to Most Predictable Forex Pairs 2024
As a Forex trader, you’ve likely encountered conflicting opinions on which strategy is best – swing trading vs trend trading. But before you make your… Read More »Swing Trading vs Trend Trading: Choose Your Forex Strategy
Oscillator indicators in Forex are good tools for evaluating currency pairs regardless of the trading strategy you use. They help traders determine the direction, strength,… Read More »Top 5 Oscillators for Forex Trading Today
As a forex trader, you’ve likely experienced the challenge of distinguishing between a temporary pullback and a true trend reversal. Understanding how to spot trend… Read More »How to Spot Trend Reversals in Forex
Are you trying to figure out the best time to buy or sell in the market? An overbought/oversold indicator can help you with that. This… Read More »Mastering Overbought and Oversold Indicators in Forex Trading
Considering forex trading in Nigeria? While it’s true that ‘forewarned is forearmed,’ you should know that forex trading is legal in Nigeria. However, the absence… Read More »Is Forex Trading Legal in Nigeria?
Trading Forex at night ensures you are not bound by the conventional nine-to-five rat race and is perfect for those who prefer freedom and an… Read More »Night Forex Trading: Unlock Freedom and Profit Potential with AUD/NZD and NZD/JPY
Many people are curious about whether forex trading can be a full-time job. However, it’s important to understand that becoming a full-time forex trader requires… Read More »Can Forex Trading Be a Full Time Job?
Are you tired of getting stopped out of trades too soon? Do your stop losses often result in skewed risk-to-reward ratios? If so, you’re not alone. Many… Read More »Why Do People Make These Common Stop Loss Mistakes?
You’re about to discover the four best moving averages for identifying trend reversals. You’ll learn how to use these tools to spot potential swing trading opportunities.… Read More »4 Best Moving Averages for Trend Reversal
You’re about to dive into the world of MACD Hidden Divergence Trading Strategy. This powerful tool could be your game-changer in trading, spotting hidden divergences… Read More »Revolutionize Your Trading with MACD Hidden Divergence: Strategic Guide
Successful Forex traders have certain attributes in common. With a combination of determination, sharp analytical skills, and a desire for success, these traders have achieved… Read More »Key Attributes of Successful Forex Traders and Their Strategies
Starting a Forex trading business can be a thrilling and rewarding experience. The prospect of financial freedom and independence is a powerful motivator for many… Read More »Kickstart Your FX Trading Business: Overcoming Common Challenges
If you want to succeed in forex trading, you need to master trend analysis. As the saying goes, ‘The trend is your friend.’ In this article,… Read More »Mastering Forex Trend Analysis for Profitable Trading
Are you ready to master the art of leveraged forex trading? This in-depth market analysis guide will equip you with the knowledge and strategies to improve… Read More »Master the Art of Leveraged Forex Trading
If you’re looking to make your mark in the world of Forex trading but have limited capital to start with, there is good news –… Read More »From Pennies to Profits: Starting Forex Trading with Limited Capital
Are you a forex trader looking to enhance your trading strategy? Then understanding the importance of ATR (Average True Range) in forex trading is crucial.… Read More »Importance of ATR in Forex Trading
This “Essentials of Forex Trading” article gives the beginning Forex trader a good foundation to get started. Exploring the size, liquidity, and 24/5 trading hours of… Read More »Essentials of Forex Trading: A Beginner’s Guide
When it comes to trading, there are many options available in the financial markets. However, forex trading has always been immense popular especially for those… Read More »Why Forex Trading Beats Stocks & Other Assets
To achieve success in the forex market, traders must go beyond just knowledge of trends and technical analysis. They must also understand the intricacies of… Read More »Mastering Lot Sizes: The Key To Forex Success
To avoid false breakouts in Forex, traders should use multiple timeframes, look for other signs of strength, and use technical indicators to confirm a potential… Read More »How To Avoid False Breakouts In Forex
To trade pullbacks in forex: Identify a strong trending market and wait for a retracement to occur. Use technical indicators such as moving averages, trendlines,… Read More »How To Trade Pullbacks In Forex
If you’re looking to improve your Forex trading, Bollinger Bands may be an indicator to consider. Developed by John Bollinger in the 1980s, the Bollinger… Read More »How to Effectively Use the Middle Bollinger Band for Forex Trading
When trading the Forex market, it is essential to be able to accurately identify and determine market trends. The Average Directional Index (ADX) is a… Read More »ADX: Determining Trend Strength for Trading Forex
You’re sitting at your computer, scrolling through some trading forums online. You come across a discussion about MACD and moving averages, and you realize you… Read More »Is MACD The Same As A Moving Average?
Day Trading-What Is Day Trading? Here’s the definition of day trading: Day trading is a form of trading where traders are just interested in buying… Read More »5 Steps To Day Trading + 9 Day Trading Rules
I have mentioned in the past that I don’t always post up all the pairs I am looking at or those on my watch list… Read More »AUDUSD Pullback Trade
Every trader has a different tolerance for pullbacks against their positions. Some traders will live through a pullback in price and others will terminate the… Read More »Do You Bail On Profitable Trades If Price Goes Against You?
One of our recent setups gave a great lesson in the fact that reading price action is crucial to developing as a trader. The Forex… Read More »Let’s Talk About The GBPUSD
The rush for quick profits and not letting your profits run could be damaging your long term trading success. While there is a place for… Read More »Let Your Profits Run With 1 Simple Trading Tool
Price action trading strategies are a method of trading that uses an analysis of price movement to form the basis of a trading method. This style… Read More »12 Price Action Trading Strategies Even Beginners Can Trade
The use of moving averages in Forex trading is probably one of the most popular methods around. Whether it’s the 20 period, the 50 period, or… Read More »Moving Average Trading Method In Forex That Makes Sense
Forex drawdown…no trader wants it but if you are into forex trading, you will face it. Have you ever experienced this situation? No matter what you… Read More »4 Simple Ways On How To Get Out Of A Forex Drawdown
One important part of price action trading is trend lines. In this post, you will learn about how to trade with trendlines, especially, how to… Read More »How To Trade With Trendlines (Learn To Trade INNER & OUTER TRENDLINES)
NSE Index Chart Technical Analysis Based On Price Action Here’s what trader Vijay, one of the regular visitors to this website said in a comment… Read More »NSE Index Chart Technical Analysis Based On Price Action
Wolfe Wave is a price action pattern that is made up of 5 waves which show supply and demand as price fights towards an equilibrium price.… Read More »What Is Wolfe Wave? Definition & Trading Examples With Charts
Support and resistance levels in forex form the core of a lot of forex trading strategies including price action trading. But the truth is that… Read More »7 Interesting Facts About Support And Resistance Levels
Hello Traders, in this post, I’m going to show you some advanced multiple timeframe trading techniques which you can use on any trade setup that forms… Read More »Patterns Within A Pattern (ADVANCED MULTIPLE TIMEFRAME TRADING TECHNIQUES)
Multi Timeframe Trading (or Multiple Timeframe Trading as it is sometimes called) is a trading technique that every forex trader should be familiar with. Now, I’m… Read More »How To Do Multi Timeframe Trading In 3 Simple Steps
This is a post about the +300 pips profit that got away. If you followed my free forex trading signals from last week, 11th-15th July… Read More »The 300 Pips Profit That Got Away (The Importance Of Top Down Technical Analysis)
If you are caught in a bull trap in forex trading, then it is a very unfortunate trading situation to be in. What mostly tends… Read More »What Is A Bull Trap In Forex Trading? ( 5 TIPS TO AVOID IT)
There’s one big reason why I like multiple timeframe trading and it is to do with the trading risk reward ratio. In this post, I will explain… Read More »How Trading Risk:Reward Ratio Can Increase Your Trading Account Fast (WITH EXAMPLES & TIPS)
Online Trading Currency has its rewards if you end up being a successful forex trader. Tell you what… I’ve made a lot of money in forex trading… Read More »My Top 20 Online Trading Currency Pitfalls (EMBARRASSING!)
If you have been trading forex long enough, you most likely have been a victim of bear trap in forex trading. Well, in this post… Read More »What Is A Bear Trap In Forex Trading? ( INCLUDES 5 TIPS TO AVOID IT)
If you want to learn about forex momentum trading, you’ve come to the right place. In this post I will show you the two simple… Read More »Master Momentum Trading In 2 Simple Ways Using Price Action
Hello Traders, I’m going to rant a little bit about Fibonacci Trading, especially how to trade fibonacci retracement and fibonacci extensions. But even better then knowing how… Read More »How To Trade Fibonacci Retracements And Extensions (With Examples)
If your support and resistance levels drawn on your charts look like this, then you need to see a doctor… The 2 biggest problems with… Read More »5 Ways On How To Identify Support And Resistance Levels That Matter In Forex Trading
There are many arguments for and against trading with a tight stop loss when trading, but forget what you have read or learnt about having a tight… Read More »Top 6 Advantages Of Trading With A Tight Stop Loss
Trading with a forex demo account is similar to a trainee airline pilot training in a flight simulator. He needs to fly the simulator before… Read More »Top 37 Advantages Of Trading Forex Demo Account Before Trading Live
Here are 20 forex trading tips. Hope You enjoy… [toc] 1. Know Yourself Don’t go into forex trading with unrealistic expectation…you cannot make $50,000 a… Read More »20 Forex Trading Tips That Can Make You A Successful Forex Trader
Trend trading can make you lots of money in the forex market if you can: correctly identify trends get into a trade at the right time… Read More »12 Unbreakable Rules For Trend Trading
Shhhhh! The forex holy grail is a really big secret! Every forex trader is searching for it. Some say its hidden in the desert sands… Read More »Forex Holy Grail (Its Not What You Think)
Are you wondering what a trader’s action zone is? Well, you’ve come to the right place. In this post, I will explain what a trader’s… Read More »2 Charts Reveal What Is The Trader’s Action Zone
In this post, I will show you how to draw trend lines the right way in 2 simple steps. Knowing how to draw trend lines is one… Read More »How To Draw Trend Lines The Right Way In 2 Simple Steps
What is the best trailing stop technique? This is a question that many forex traders would have at one point in their trading lives asked… Read More »This Is The Best Trailing Stop Technique (2 Charts Reveals All)
Learn everything about MT4 order types like buy stop, sell stop, sell limit, buy limit, mt4 market buy order and market sell order in this… Read More »6 MT4 Order Types (Sell Stop Buy Stop Buy Limit Sell Limit Market Order)
What is a stop loss order? Where is the best place to place a stop loss order? In this post, I will: give you the… Read More »Stop Loss Order And The Only 2 Best Places To Place It
In this post, I will show you the 4 confluence trading price action techniques you need to know. Why? Because confluence trading setups do form some… Read More »Learn These 4 Simple Confluence Trading Price Action Techniques
High Probability Trading would be the closest thing to a forex holy grail, right? Maybe not. But what is high probability trading and what does… Read More »High Probability Trading (AND 2 THINGS YOU NEED TO KNOW ABOUT)
