Tag Archives: forex articles

All you need to find out about trading guides Have you decided to embrace forex trading as a full time career option? Are you dabbling in the currency market just to earn some spare money? Whatever might be the case, turning to reliable forex guides will turn out to be a prudent decision. Now, if you are seriously considering forex …

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    · The value in not trading….is not losing! First off, everyone needs to understand why being flat the market can actually be a LUCRATIVE position… Let’s say your account value sits at $5,000. Market conditions are really choppy and have been for about a week now, but you REALLY feel an URGE to trade. So, you end up …

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Chart patterns are good warning signs as well. If properly identified, it can help anticipate when the price would continue or when it will reverse. I pay close attention to flags, head and shoulders, and triangles. Now we will talk about Flags : When the price makes a sudden move up or down, it forms a very steep angle. This …

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  What is Forex ?   Forex is short for Foreign Exchange. More specifically, it is the “foreign exchange currency markets”, and sometimes referred to as the FX market or even the Spot market. This is where money is traded for money. The value of each country’s currency changes a little bit by the second, and as Forex traders, we …

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Candlestick PatternsHammer & Shooting Star & Evening & Morning Star   Candlestick patterns are useful for Price Action Trading , they provide useful information about the market. They are quite effective when used in conjunction with other technical indicators and tools. I find the hammer and evening star especially useful because they can serve as warning signs of price reversal. A candlestick is a visual representation …

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  How to be a successful and full time trader !   The security of a regular pay check and the insecurity of a volatile market keep traders that are ready to make the leap to a full time and successful trader from actually crossing that line. It’s a valid reason to never cross that line in the sand. No one can ever be …

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