In this post we will review the different types of charts you can use to perform technical analysis on foreign exchange (forex) currencies. Although we are focusing on forex technical analysis, the ...
Around forty years ago, my lifelong obsession with trading and markets began when I started work in the interbank forex market. Even after all these years, I can remember all too well what I felt ...
Article Summary: Trend traders enjoy the luxury of first identifying market direction prior to executing a trading strategy. Today we will review the basics of trend identification. Traders enjoy ...
Learning how to read forex charts is one of the first practical skills worth developing when you begin trading currencies. Charts give forex traders a clear visual record of how a currency pair has ...
Article Summary: Forex trading ranges can provide excellent opportunities for technical traders. Learn the basics of range trading using existing support and resistance levels. Market ranges occur ...
Aside from technical indicators and Japanese candlestick patterns, another main component of technical analysis is chart formations. Remember that the concept behind technical analysis is that price ...
Imagine venturing into the world of forex without understanding forex terminology – it’s like trading blind. Understanding the language of the forex market is crucial for anyone looking to navigate it ...
Moving Averages are by far the most widely used and easy to understand forex indicator. They display right on top of your chart and mechanics are very easy to understand – a moving average or MA – is ...
For forex traders looking to add strategies to their arsenal, learning about market reversal trading can provide yet another way to capitalize on market moves. Reversal trading involves the ...
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