Forex Trading Articles from FXCC – Forex Trading Articles to make You a Better Forex Trader. How to Trade Forex, Forex Trading Strategies & Best Practices
The trend line is the most flexible trading tool in forex marketing. According to technical experts, the trend is your friend, and detecting this trend is the first stage in solid trade. Therefore, a trendline assists technical analysts in determining the current price direction of the market. Trendlines Trendlines are immediately visible lines that traders […]
What is a forex trendline breakout strategy? Read More »
The triple exponential moving average (TEMA) was created to smooth price swings, making it simpler to discern patterns without regular MA lag. It accomplishes this by eliminating some of the lag from several EMA of the original EMA. In addition, it can assist in determining trend direction, signaling probable short-term trend shifts or pullbacks, and
What is a triple EMA trading strategy? Read More »
As traders, we encounter various chart patterns, such as Double and Triple Tops and Rectangles. The triangle trading pattern is also a chart pattern. It is the most common chart pattern, so we must understand how it works. What is a Triangle Chart Pattern? The simplest way to describe this is a narrowing range of
How to Trade the Forex Triangle Pattern? Read More »
Most traders monitor their transactions on a single screen. Although a single frame is sufficient to decide, the utilization of many screens can be beneficial. Therefore, Dr. Alexander Elder proposed the triple screening system in 1986, but it is now widely employed in forex markets. It was created to remove misleading signs and signals by
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First thing’s first; what is a 0.01 lot size? A 0.01 lot size means 1.000 units of any particular currency in forex trading. This is also called the Micro Lot, which we will discover later. If your currency pair involves USD, the pip value is $0.1 per micro lot. For example, if the price moves
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Every day, you are bound to read about complex forex information. Instead of the boring old stuff, we will mention the top 10 fun facts about forex trading. 1. Forex extends back to ancient times There is a notion that the first sign of forex erupted during biblical times. The Egyptian currency market dates back
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London has always been a hub for trading due to its strategic location. It is considered the forex capital of the world. For us forex traders, the London trading season is the perfect time for trading and finding opportunities. The key is to choose the correct currency pairs if we truly want to reap the
What Are the Best Pairs to Trade During the London Session? Read More »
Pullback trading is a popular strategy among traders. It’s hardly surprising because monitoring for pullbacks guarantees that you’re in sync with the market. Moving averages are, without a doubt, among the most prominent tools in technical analysis. In addition, the market could potentially pull back into moving averages. What is a pullback? The phrase “pullback”
How to trade pullbacks with Moving Averages? Read More »
Trading forex without a strategy is similar to starting a journey without a map since you never know where you will go. You could make or lose money, but you have no way of knowing. So, here are the best forex trading strategies you can apply in 2022. Picking up a strategy As a currency
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The world is no doubt an intricate place with multiple dark facets. No person gets to lead a smooth life. The forex market is no exception. If it were simple, everyone would have been making big bucks. You have to take care of a number of factors before any investment. People tend to make the
How do binary options work in forex? Read More »
