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Moving Averages in Forex Trading
Moving averages are one of the common strategies used in forex trading. A moving average simply refers to a method of smoothing out price fluctuation over a specified time period.
What ...
Uses of Moving Averages in Forex Trading
In moving averages in forex trading are used in three main ways:
To assist in identifying the trend of the market
To assist in identifying dynamic support and resistance levels
To ...
The Best Time Frame For Trading Forex
If you are thinking about which forex trading time frame to follow and which to avoid, I will suggest you follow the longer time frames (1 hour, 4 hour, daily, and weekly charts) rather ...
eBook Review: The Definitive Guide To Forex Binary Options
Forex currency market is one of the biggest financial markets with daily trading volumes exceeding more than $4 billion and is open on 24/7 basis. Binary options are an alternative ...
5 Important Steps To Creating A Great Day Trading Plan
No matter what we do in life, plans are important. Let’s face it, you could build a house without a plan, but the process would go much more efficiently if you knew what you were ...
The Benefits of Being a Long-Term Forex Trader
The forex market has different kinds of traders. Primarily, we can classify them as short-term forex traders and long-term forex traders.
Usually, short-term traders use shorter time ...
How to Build Your Trading Account Using the High-Low Trading Strategy
The High-low trading strategy is a trend following technique that emphasize on entering trades at the lower highs (for downtrends) and higher lows (for uptrends) of the market.
To achieve ...
Fakey Trading Strategy
Fakey trading strategy is one of my favorite trading strategies because the setup indicates that price is rejecting an important support or resistance level. So, there is a huge possibility ...
Good Pin Bars vs. Bad Pin Bars
Pin bar trading strategy is one of the easiest and safest ways to trade in the forex market. Importantly, you need to know which pin bar to pick and which to avoid.
The best way to ...
How To Find, Enter And Manage Forex Trades
The forex market used to be an exclusive club for the big boys such as banks, financial institutions, governments, and high currency retailers who would set up shop strategically at ...
