-
Jun 11, 20 •
1927 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on How to manage open positions in Forex
All trading strategies give an answer to the question of when to open and when to close a trade. However, the vast majority of strategies practically do not answer the question of managing an open position effectively. Although it can increase profitability...
-
Jun 10, 20 •
1407 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Trading Mistakes newbies Make in Forex and How to Avoid them
The forex market is the largest and most affordable financial market in the world. But, despite the vast number of forex traders, only a few manage to become truly successful. It is estimated that 80% of the traders quit forex trading within the first few...
-
Jun 8, 20 •
1717 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Debunking the Myths of Forex
“So many men, so many opinions.” This saying goes well with the forex market as many people have different opinions about it. Some even perceive the ideas that are not right about the forex market and have become myths. These myths...
-
Jun 6, 20 •
3492 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on How Does Japanese Candlesticks Work in Forex?
Ahh, the good ‘old Japanese candlesticks. They are the most popular form of charting. Invented in the 17th century by the Japanese rice merchant Munehisa Homma to conveniently display the beginning (opening price), and the end of the price (closing...
-
Jun 4, 20 •
2916 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on What are the personality traits of successful Forex traders?
How personality traits effect trader performance has been a longstanding discussion point within the trading community, since the birth of the industry. Moreover, because certain personality traits can evolve and develop as we mature, the traits we require in...
-
Jun 3, 20 •
1854 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on The power and simplicity of using moving averages for trading Forex
Lighting up our trading charts with a multitude of indicators and information, to resemble the Xmas tree most of us have been busy taking down to put back in its box until next year, or recycle, is a natural trading phenomena. It’s a rights of passage that...
-
Jun 2, 20 •
2413 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Discovering the critical success factors needed when trading Forex
Chasing the elusive holy grail of trading is a thankless task. It doesn’t take too much time for novice traders to discover that there is no magic elixir, there’s no bullet proof trading strategy that delivers a 100% success rate. However, novice traders...
-
Aug 13, 19 •
4255 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on How fear in its various forms can impact on your trading
The subjects of trading psychology and your mindset aren’t given enough credence when the subject of FX trading is discussed. It’s impossible to calculate the impact your overall state of mind can have on your trading outcomes, due to it being an...
-
Aug 13, 19 •
4207 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on Defend yourself at all times when trading FX
There are certain team sports where defence is as important as attack, or “offence” as our American cousins prefer to call it. In football we’d be left highly entertained and breathless if Barcelona and Manchester City played out a 6-5 game with the...
-
Aug 12, 19 •
4106 Views •
Forex Trading Articles, Market Commentaries •
Nidal Thuminat
Comments Off on How to employ a multi time-frame strategy when trading FX
There are an infinitesimal amount of methods which you can use to technically analyse the FX markets. You can concentrate on one specific time-frame and use a multitude of technical indicators and candlestick price-action, in an attempt to gauge the direction...