Forex Trading Strategies

Forex trading strategies, systems, tools, tips and tricks

Forex Relative Vigor Index: How to Use It

Forex Relative Vigor Index: How to Use It

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 […]

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Golden Cross Trading Pattern - What is it & How Does it Work?

Golden Cross Trading Pattern – What is it & How Does it Work?

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

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Asian Sessions: Adapting Strategies for Forex Market Open Times

Asian Sessions: Adapting Strategies for Forex Market Open Times

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

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Effective Risk Management: Calculating and Managing Position Sizes

Effective Risk Management: Calculating and Managing Position Sizes

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

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Exploring Contrarian Strategies in Forex Trading

Exploring Contrarian Strategies in Forex Trading

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

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Risk-Reward Ratio: Crafting a Fail-Safe Money Management Plan in Forex

Risk-Reward Ratio: Crafting a Fail-Safe Money Management Plan in Forex

Generally, traders do not open positions with a risk-reward ratio of less than 1. In the case of a trading setup where you must place your stop loss 90 pips away from the market and your take profit target 30 pips away, most professional traders do not take the trade. Experienced traders do not open

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Asian Sessions: Adapting Strategies for Forex Market Open Times

Elliott Wave Theory and Its Relevance in Modern Forex Markets

Are you familiar with Elliott Wave Theory? Over the past decade, several people have turned to forex trading as a lucrative hobby or career. Day traders are the majority, and as a rule, they use technical analysis to help them understand how to trade better since most Forex traders are day traders. Because of this,

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