Forex trading strategies, systems, tools, tips and tricks
The price of different assets is related to each other. Instead of moving in isolation, the markets are intertwined. To make trading decisions, traders can compare the prices of one asset to another when asset prices are correlated. Correlation is the concept behind asset price correlation. Using a correlation ratio as a trading strategy is […]
Ratio Trading Strategy for Gold and Silver Read More »
Forex pivot points are an essential tool for intraday traders. They provide valuable information about potential support and resistance levels in the market, which can help traders make informed trading decisions. Pivot points are particularly useful for short-term traders looking to take advantage of price movements during the trading day. In this article, we will
Intraday Trading Strategies Using Forex Pivot Points Read More »
A Relative Vigor Index (RVI) indicates a trend’s strength and confirms overbought, oversold, and divergence signals in forex trading. We will discuss the Relative Vigor Index in depth in this article. What is the Relative Vigor Index? A relative vigor index is a momentum indicator that identifies strengths and weaknesses of current trends by comparing
Forex Relative Vigor Index: How to Use It Read More »
A forex trader may be highly profitable, but it also carries some risks, which is why aspiring traders need to develop and refine their strategies before investing real money. The purpose of this article is to provide tips for creating a successful paper trading forex strategy. Paper trading is also known as demo trading, and
A Guide to Creating a Successful Paper Trading Forex Strategy Read More »
The Forex market allows investors to profit by trading different currencies, making it lucrative. You must understand the market dynamics and the various strategies to make profitable trades to succeed in Forex trading. Among the most effective trading strategies are the use of the m and w patterns. Forex traders use the M and W
How Do You Find M And W’s With Forex? Read More »
Financial markets offer a variety of trading techniques. Technical analysis of chart patterns is one of the most popular trading techniques. In this article, we will explain in detail a golden cross pattern. How do you spot golden cross signals? This article will answer these and many other questions as well. What Is a Golden
Golden Cross Trading Pattern – What is it & How Does it Work? Read More »
A trader during the Asian timezone may find it challenging to trade forex since liquidity and volatility are lower than those during the European or US sessions. USDJPY and AUDJPY offer trading opportunities during the Asian session due to their narrow spreads and high volatility GBPJPY and EURJPY occasionally present trading opportunities, but only on
Asian Sessions: Adapting Strategies for Forex Market Open Times Read More »
The key to long-term Forex trading success is effective risk management. An important part of risk management is understanding how to calculate and manage position sizes. Even though it seems complex, once you learn its principles, it’s quite simple. Position sizing is an important part of risk management, and this article will explain how to
Effective Risk Management: Calculating and Managing Position Sizes Read More »
In contrarian trading, traders aim to go against prevailing market trends. In this trading style, the assumption is that markets often exaggerate their reactions to news and events, resulting in a temporary mispricing of Forex markets. As a result, contrarian traders can profit from this situation when the market adjusts itself. This article discusses contrarian
Exploring Contrarian Strategies in Forex Trading Read More »
In Forex trading, tick scalping is a short-term intra-day strategy that involves buying and selling currencies frequently to make small profits. Here are the benefits/risks of tick scalping. You need to understand how tick scalping works and the benefits/disadvantages of this trading strategy. Definition of tick scalping As a trading strategy for Forex, tick scalping
What is Tick Scalping in Forex? Read More »
