Category: Forex Trading for Beginners

How To Start Making Money in Forex Trading

Making money is the ultimate goal for anyone engaged in Forex trading. Currency trading sounds exotic; friends will find your story interesting, and the unparalleled rewards worth the trouble. But can anyone do it? Making money in Forex trading sounds very easy if judged by the media advertisements. Just pick a Forex broker. Next, open […]

Common Forex Trading Pitfalls

Forex trading is full of success stories. Just search the Internet or follow the trading community on the leading social media websites. Everyone is a winner! Real statistics though tell just the opposite. But what are the Forex pitfalls that make Forex trading so difficult? It all starts with the approach to trading. People focus […]

Best Practices to Become a Successful Forex Trader

Every person coming to the foreign exchange market wants to succeed. But what are the best practices a Forex trader to follow? Is there a guide to success? Or rules to follow for Forex traders to make it? For sure, there is none. More precisely, none to fit every Forex trader in the world. As […]

Trading in Forex vs Trading in Stocks

With only a stable Internet connection, retail traders have access to financial markets. But with global markets at their fingertips, what is best: trading in Forex or trading in stocks? Or both? Before anything, trading financial markets isn’t for everyone. The recent rise and fall in the cryptocurrency universe is the best example. People depleted […]

Success. Everyone strives for it; few achieve it. That’s true specifically in Forex trading. What does it take to be successful in currency trading? An FX trader has odds against it from the start. Everyone wants a “bit” of his/her trading account. From brokers to other market players, they all influence prices. Except for the […]

With an average daily trading volume of more than $5 trillion, the foreign exchange market – forex for short – is clearly a lucrative one. Forex involves the trading of world currencies in a decentralized global market and has become the hottest area in world trading in recent years. Forex is becoming increasingly popular around […]

TEMA and TRIX Forex Indicators in MT4

Technical analysis has plenty of indicators showing trending conditions or acting as oscillators. The TRIX indicator MT4 together with the TEMA indicator come to complete the list. Moreover, a TRIX Forex indicator acts like an oscillator, while the TEMA indicator shows trending conditions. When used together, TEMA and the TRIX indicator form one of the most […]

Advanced Read of Head and Shoulders Chart Pattern

Among classic technical analysis pattern, the head and shoulder chart pattern stands out of the crowd. A head and shoulders chart is a reversal pattern that allows incorporating both price and time in an analysis. I wanted to get your attention from the first paragraph. Reread it! What’s unusual? Price and time. In Forex trading, […]

Forex Scalp Trading Strategies and Indicator

Forex traders approach the market from different perspectives. Some expect quick and very fast profits. This is scalp trading. Others, invest. They have a different time horizon in mind. As such, scalp trading strategies simply won’t fit their personality. Retail traders love scalping. They like the idea of making a quick profit. If you come […]

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