Category: Technical Analysis

Correct Placement of Stop Losses in Your Forex Trades

One of the biggest things in trading is the placement of stop losses in your trades. Part of any money management system, stop losses orders bring discipline to Forex trades. Many traders choose not to use stop losses orders. At all. The reasoning isn’t that bad. They fear brokerage houses interfere with market activity. And, […]

Best Way to Use Support and Resistance with Price Action

Support and resistance are the basis of price action trading. Part of any technical analysis 101 course, every trader goes through them. Moreover, throughout a trader’s life, both price action and support and resistance levels will follow his/her analysis. And, for a good reason. They’re reliable, rarely give false signals, and keep the trader on […]

Determining Proper Position Size in Forex Trading

Part of money management, position trading and position sizing in Forex determine the profitability of a trading account. Many try, few succeed. Traders bear enormous responsibility. From the moment they fund the trading account, suddenly become money managers. Like it or not, this is the reality. However, managing money is not for everyone. Traits must […]

Best Trading Approach - Higher Risk Reward Ratio vs Higher Win Rate

This article is about profit. More precisely, how to use the Forex market to get a high reward from a trade. But does a high reward come with a high risk? And, if yes, what is more efficient? A constant high win rate or a high reward as part of an appropriate risk-reward ratio? In […]

Differences between Forex Fundamental Analysis and Forex Technical Analysis

Forex technical analysis and Forex fundamental analysis complement each other for the perfect trade. While fundamental analysis gives the reason, technical analysis shows the direction of a trade. So far, so good. But what makes technical and fundamental analysis? The two notions are so vast, is impossible for one trader to master everything. Hence, retail […]

Understanding Demark Indicators in Technical Analysis

Technical analysis as we know it today wouldn’t be the same without Demark indicators. These aren’t just words, but a recognition of one of the most talented technical analysis trader. As the creator of Demark Indicators, Thomas Demark offered consulted big names in the trading industry. His contribution to technical analysis is nothing short of […]

Differences Between Automated Trading and Manual Forex Trading

Automated trading became a reality recently. With faster computers, manual Forex trading started to lose its significance. Statistics don’t lie. Nowadays, over eighty percent of orders belong to automated trading. Moreover, the percentage is on the rise. Does this mean that the manual Forex trading will disappear? Or, that the human’s touch in the financial […]

Bullish Engulfing and Bearish Engulfing Candlestick Patterns

Among the Japanese candlestick patterns, two stand out of the crowd: the bullish and bearish engulfing. Like almost all candlestick patterns, the bullish engulfing and the bearish counterpart, reverse trends. Therefore, they form at the end of a trend. Either rising or falling, the trend must exist. The Japanese candlesticks techniques have an exciting story. […]

Retail traders start their journey to financial trading with a significant disadvantage. Statistics won’t help. Most of them lose the first deposit. As such, finding the right FX strategy became the norm. However, there’s a catch. What is the right FX strategy? Because people have distinct backgrounds, what works for one doesn’t for the other. […]

In the golden times of technical analysis, one name stood above everyone’s: Richard Donchian. Also called the father of trend following, he built the now famous Donchian channel indicator mt4 traders use. Despite its reputation, the Donchian channel indicator is not only a trending tool. Instead, it plays a vital role in showing volatility. Or, […]

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