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Jun 18, 21 •
2230 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Importance of Support and Resistance Levels in Trading
You might have heard a lot about support and resistance in trading. In this article, we will focus on several aspects of support and resistance. How do you find support and resistance levels? Let’s learn how to find support and resistance levels. Swing...
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Jun 18, 21 •
2221 Views •
Forex News, Hot Trading News, Top News •
Zahir Shah
Comments Off on Global markets suffering after Fed’s rate hike forecast
Global equity markets were mostly lower on Thursday after the Federal Reserve indicated it could ease economic stimuli earlier than previously thought. London and Frankfurt opened lower while Tokyo, Seoul and Sydney fell. Shanghai and Hong Kong advanced. U.S....
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Jun 17, 21 •
1579 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Top 3 problems of forex traders
Have you ever gone through a rough patch in your forex trading and apparently couldn’t figure out what was going wrong? You’ve probably encountered a few streaks here and there, but you eventually got it back on your feet by making the necessary...
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Jun 12, 21 •
1682 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Importance of a trading plan in Forex
Every trader should have a trading plan. Some have it, and some might be hearing about it for the first time. Let’s learn some key points with examples that can help you write a trading plan. 1. Force Majeure Certain actions should be prescribed for the...
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Jun 11, 21 •
1512 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on How to Overcome Fear of Forex Trading?
You can find the proper remedy only if you know the problem accurately. In forex trading, fear is a strong emotion that can badly impact your trading. Here are five tips to overcome your fear in trading. 1. Trading goals Develop clear trading goals and plans....
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Jun 9, 21 •
1771 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Top 5 tips to become a successful trader
Here are a few tips and tricks on how to become successful in forex trading: Trade like a robot Once you have a working strategy, do not fall prey to your emotions. Trade just like a robot and do not change your decisions based on your instinct or greed....
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Jun 8, 21 •
2164 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Factors to Consider when Investing in a Forex Trading Account
With $1000 (depending on a particular trading platform), the start of a trading career in the foreign exchange market is possible. After the acquisition of the preferred lot size, a trader can set short and/or long positions in the hope of generating profit....
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May 31, 21 •
1851 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on How to find and trade the most volatile hours of the market?
Forex Market Hours The Forex market starts with the Sydney session at 5:00 PM EST in Sydney, Australia, while some traders in New Zealand will start trading an hour earlier at their 4:00 PM time. Wellington shuts down at midnight, whereas Sydney stops...
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May 31, 21 •
2393 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on Why is price action important for traders?
Price action trading is an approach that involves making all your trading decisions based on a simple and easy to understand price chart. This purely means that there should be no lagging indicators used, just a couple of moving averages to indicate dynamic...
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May 31, 21 •
1620 Views •
Forex Trading Articles •
Zahir Shah
Comments Off on How important is economic data for Forex traders?
Economic theories can describe the long-term prospects for a change in the exchange rate of currencies. Still, in the short run, if you are interested in the dynamics of a day or a week, then economic indicators have a much greater impact. We often hear that...
