Zahir Shah

How to Choose the Best Timeframe to Trade?

Why Many Forex Traders prefer to trade off the four hour time frame

The natural tendency to experiment, is a crucial part of the overall education process, which novice forex traders need to embrace. Without that inquisitive curiosity, it’s impossible to either develop competency as a trader, or to determine what ‘style’ of trading you prefer. Our experimentation will involve investigating the validity and efficacy of many of

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Why Traders Should Read Analysis Reports?

Forex Fundamental analysis: Reading the inflation reports

We constantly recommend that both novice and intermediate level traders bookmark the economic calendar, as in the opinion of many analysts and market economists, it is one of the most valuable trading tools there is. There is little argument, between fundamental analysts and technical Chartists, that  and political events move the Forex markets and in

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200 Simple Moving Average, a common indicator for traders and analysts

One of the common mistakes novice and intermediate level traders endureis painfully cluttering their charts (with just about every indicator ever invented), to then (by accident as much as design), discover what works and more importantly works for them. Once we identify what is working for us, we then embark on a decluttering process eventually

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Fundamental analysis of Markit Economics’ PMI data

Fundamental analysis can be broken down into several sectors and sections within its overall, umbrella description. There’s data procured and published by governments, or quasi governmental  bodies, such as the: UK’s ONS (official national statistics), Eurostat (self explanatory) and the BLS (bureau of labour statistics) in the USA, who are responsible for the publication of

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Testing your ability to forecast the impact of an upcoming fundamental news event

Experienced and successful traders (you can’t be one without being the other), will always testify that it’s fundamentals that drive our FX markets and many of us in the analyst community will never tire of constantly reminding you that the economic calendar is one of the most valuable tools at your disposal. As a simple

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Why are you trading, what’s your goal, what’s your end game?

Many of us recoil when confronted with motivational talking and writing, particularly when it’s aimed at us FX traders. You’ll recognise the style of writing by now; “stay positive and think your way to profitability”, “you can win big, if you dream bigger”, “use the rocket, but aim past the stars”. There’s many other equally

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Asian Sessions: Adapting Strategies for Forex Market Open Times

The Elliott wave principle

There is undoubtedly a romance involved in trading, many of us enjoy discussions surrounding Fibonacci due to its romanticism. The mathematical purity, history, the links to nature and the infinite qualities simply adds to its legendary allure. There are several other mathematical models associated with and often applied to trading, that evoke both a sense

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