Forex Trading Articles

  • Don’t be a Jack of all trades, be a master of one

    Jan 27, 21 • 27 Views • Forex Trading Articles No Comments

    There is a phrase in the English language that could be used in forex trading, “Jack of all trades master of none.” It refers to someone who has abilities spread across a broad range of trades and skills but isn’t an expert at one type of work. Although...

  • Forex Trading Articles - Match Your Strategy To Your Personality

    Hope is never a forex trading strategy

    Jan 25, 21 • 24 Views • Forex Trading Articles Comments Off on Hope is never a forex trading strategy

    Us FX traders are naturally impatient individuals. We want to engage with the forex market, execute our market orders and hopefully bank profit as soon as possible. This enthusiasm must be controlled and channelled constructively. We must develop the patience...

  • When is it a good time to reconsider changing your trading plan

    The 2-2-2 forex trading plan

    Jan 24, 21 • 31 Views • Forex Trading Articles Comments Off on The 2-2-2 forex trading plan

    As human beings, we crave order and need routines; we want to conform to norms and work in structured environments. Discipline and success are inextricably linked, and FX trading illustrates these requirements more than many other ventures. Whether in work,...

  • Forex Articles - Forex Trading Tools

    So, your successful FX trading strategy stops working, let’s not panic, let’s look for ways to fix things

    Jan 21, 21 • 47 Views • Forex Trading Articles Comments Off on So, your successful FX trading strategy stops working, let’s not panic, let’s look for ways to fix things

    You might recognise this scenario. Suddenly, your previously profitable forex trading strategy and method stop working; it’s no longer the great combination you discovered. You did the right things. You tested your theories and ideas out in demo trading,...

  • Why an ECN forex broker is the right choice for retail traders

    Jan 19, 21 • 45 Views • Forex Trading Articles Comments Off on Why an ECN forex broker is the right choice for retail traders

    Judge your forex broker using specific criteria before opening a live trading account with them. Brokers you consider trading with should uphold exacting standards. They must be non-dealing desk (NDD), they must route your orders to market without...

  • No Recovery Without Jobs

    Are you thinking of becoming self-employed? Then FX trading might be for you

    Jan 19, 21 • 35 Views • Forex Trading Articles Comments Off on Are you thinking of becoming self-employed? Then FX trading might be for you

    When we consider opening an FX trading account with European forex brokers, we see prominent banners on their websites revealing the current loss rate of traders who buy and sell CFDs (contracts for difference). These are financial health-warnings similar to...

  • Going straight to a straight-through processing FX broker is the right process

    Jan 17, 21 • 76 Views • Forex Trading Articles Comments Off on Going straight to a straight-through processing FX broker is the right process

    There are three absolute musts for choosing which FX broker to trade with online. The broker must be NDD (no dealing desk). They must place your trades into an ECN (electronic communication network). They must provide STP (straight-through processing). These...

  • Letting your profits run might be a flawed forex trading strategy

    Jan 12, 21 • 58 Views • Forex Trading Articles Comments Off on Letting your profits run might be a flawed forex trading strategy

    Forex trading can feel haphazard and chaotic at times. You can quickly eliminate these potential negative influences by exercising both self-control and trading control wherever and whenever you can. You can achieve this objective by applying a basic system...

  • Forex Trading Articles - Heikin Ashi

    Consider using Heikin-Ashi bars if you’re struggling with standard candlesticks

    Jan 7, 21 • 51 Views • Forex Trading Articles Comments Off on Consider using Heikin-Ashi bars if you’re struggling with standard candlesticks

    When you initially discover forex trading charts, you’ll see candlesticks as the default setting on various timeframes. Candlesticks are classed as the gold standard of price display when you trade markets. When you trade FX, you need a method to illustrate...

  • Matching personality types to FX trading styles is a bad idea that needs debunking

    Jan 6, 21 • 46 Views • Forex Trading Articles Comments Off on Matching personality types to FX trading styles is a bad idea that needs debunking

    There are four primary trading styles for trading forex markets as a retail trader: scalping, day trading, swing trading and position trading. Over recent years a movement has developed on FX trading forums to identify which trading style matches your...