Forex Trading Strategies

Due to the growth of the digital marketplace, technical expertise has become increasingly important. A dynamic environment now demands that share and CFD traders, futures traders, and forex traders have access to the necessary tools. Skills such as taking advantage of software trading platforms and troubleshooting internet connectivity issues in real-time are becoming essential due […]

Forex successfully requires both proven trading strategies, trading plans, and a solid risk management plan. The seven steps below will show you how to develop and test your forex trading strategy, no matter how experienced. Understanding technical analysis The purpose of technical analysis is to analyze market direction using price charts and indicators. It would

Traders use trading patterns and signals to profit from rising and falling markets with smaller but more frequent profits. The accuracy of some technical indicators is debatable, but most patterns have proven their reliability to traders in identifying key entry and exit points in the market. In essence, what is a harmonic butterfly pattern? This

In FX markets, mean reversion involves the idea that asset price volatility and historical returns will eventually revert to the long-run average after all data points are considered. Several factors can affect this mean level, including economic growth, volatility of stocks, P/E ratios of stocks, or industry average returns. It is not only asset prices

Exiting trades on time is one of the most challenging aspects of forex trading. Exiting too late can lead to you losing some profits because no gains were locked in. Exiting early can leave you without potential gains if you hadn’t let the trade run its course. Seeing it on the charts can be highly

Non-banded oscillators are known as ROC indicators. An indicator shows if a trend has accelerated, slowed, or remained the same. Discover the ROC trading strategy, which is yet another momentum-based strategy. In ROC trading, two concepts are employed: studying the strength of the trend and the possibility of a change in momentum. After reading this

Your trading career is heavily influenced by psychology. You will almost certainly feel your dynamic loss if you do not have a solid mental setup. In most cases, novice traders in Australia end up frustrated after losing significant amounts of trading capital. Thus, they engage in revenge trading. The majority of novice traders lose money

Many traders prefer to spend hundreds or even thousands of dollars to look for a great trading strategy. But the secret is that trading is a complete “do it yourself” career. Creating your strategy is a fun, easy, and surprisingly fast experience. To create a strategy, you will have access to graphs showing the time

It is natural for all traders to seek the best possible technique for achieving their trading goals. As range trading becomes increasingly popular, more and more people are looking to it as a means to profit from the forex market. Range trading – and even the term itself – is alien to some people. It

Do you know what a 1-minute timeframe in forex is all about? How many of you know this concept and consider it a profitable timeframe in forex? As we talk about a 1-minute time frame, it is a perfect time frame in forex for someone seeing extra detailing in price movements. It is meant for