Category: Forex Trading for Beginners

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 […]

Trend Reversal Patterns Forex Trading

Spotting a trend reversal is the dream of every trader. It gives an early entry and offers a competitive advantage against conservative traders. As for reversal patterns, Forex traders have a plethora to choose from. Therefore, they focus on the most powerful reversal patterns and use them with a proper money management system. There are […]

How to measure volatility with average range

In trading, like in life, simple things work best. Traders that search how to measure volatility use the average daily range for it. The idea is not a bad one. The average daily range represents the purest form of interpreting a market. The Forex dashboard consists of multiple currency pairs. Either a major pair or […]

Trend Continuation Patterns Technical Analysis

Forex trading has much to do with trends. To ride them, traders look for trend continuation patterns. To fade them, they ignore continuation patterns and focus on reversal ones. There aren’t many continuation patterns technical analysis provides. But those that exist are enough for the right positioning. Any journey into continuation patterns technical analysis offer […]

Forex Trading for Beginners

When looking at trading on the Forex market, it can be difficult to know where to start. Forex trading for beginners can seem daunting and intimidating. The process of registering with a broker and creating an account can appear complex and offputting. Here we look at AxiTrader, a Forex trading broker designed with the user in […]

Average True Range Indicator & ATR Formula

One of the best volatility indicators, the average true range indicator helps traders understand the way a currency pair moves. Moreover, the atr formula considers large ranges that accompany strong moves. Any financial product moves in its own way. Stocks move differently than bonds, bond move differently than currency pairs…and so on. Even among currency […]

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