Every trader hates the false breakout pattern. However, a whipsaw Forex environment ends up in multiple fakeout moves. Or, false breakout situations. Therefore, a whipsaw on the Forex market is common. Hence, whipsaw trading is a reality for any Forex trader. In Forex trading, and not only, a whipsaw shows levels of increased volatility. And, […]
Traders have different styles, and swing trading is a medium-term trading style. As such, traders that use swing trading strategies do not scalp. Swing trading strategies that work deal with a position for days. And, the best swing trading strategy keeps trades open, even for weeks. Like any trading method, swing trading deals with speculation. […]
This article is about Forex charts and their power. Over time, the best Forex charts changed. Traders use now OHLC bars, a line chart or a candlestick chart. And, it all started with the OHLC. Before going into more details about different types of Forex trading charts, we should understand why they exist in the […]
Trading is risky. When trading Forex, risk has a name: leverage. The leverage ratio defines the risk based on a predetermined leverage formula. Traders looking for what is margin account in Forex must understand the risk definition of a margin account. Money was always difficult to handle. Lack of it leads to efforts to have […]
Day trading has increased in popularity lately. Because the Forex market is open 24/5, day trading strategies appeal to retail traders. As such, day trading for beginners became possible with little financial resources. But retail traders need to learn a few day trading secrets before becoming profitable. The surge in retail Forex trading has an […]
Price action trading is a form of technical analysis. But, a special one. A price action trading strategy focuses on current price levels derived from previous ones. That’s what differentiates the price action of a currency pair from trading with indicators. Moreover, Forex price action works on all time frames. When it comes to price […]
Traders have always been fascinated by a market’s volume. Various volume trading strategies have appeared and evolved in time. While Forex volume is a tricky concept, Forex volumes indicators do exist. A volume indicator that mt4 traders use is similar to any volume indicator from other markets. When traders focus on volume, they want to […]
Forex pivot points are great trading tools. Retail traders use the pivot point calculation to find important support and resistance levels. Moreover, they chose the right pivot point trading strategy to forecast the next market move. This article aims to show how to use pivot points when trading the Forex market. As such, we’ll cover: […]
Technical analysis changed in time together with trading. Even though traders mostly follow robots today, some things remained the same. The Elliott Wave Principle key to market behavior is one of them. Elliott waves look at markets from a human nature point of view. As such, the Elliott Wave Principle allows traders to catch perfect […]
The price of a financial product moves continuously. However, from time to time, a “gap” occurs. Trading gaps is not a one-way street, though. Depending on the financial product, different ways of trading gaps for daily profit exist. Moreover, like this article will show, day trading gaps differs from culture to culture. Charting as a […]
