Forex Trading Articles from FXCC – Forex Trading Articles to make You a Better Forex Trader. How to Trade Forex, Forex Trading Strategies & Best Practices
If we talk about the main purpose of Forex charts, these charts are generally used to depict the movement of currency prices as time passes. Thus, in forex trading, you will notice a constant change in currency prices with time. For a smooth and hassle-free experience in forex trading, considering using forex charts is of […]
Top 3 Must-know Forex Charting Tools Read More »
Market participants often trade securities using chart patterns. For example, the stock price moves in a specific direction when it resembles a rectangle, rounding, triangle, Cup and handle pattern, etc. Thus, a pattern, entry point, and risk-rewarding ratio can easily be defined to quickly find a good entry point. Cup and handle patterns are nothing
How to identify and trade Cup and handle trading patterns? Read More »
The daily high low technique is a breakout strategy based on the highs and lows of the daily chart. Forex investors rely heavily on the daily timeframe, as most significant market investors use it to plan their investments. So, we can say that any strategy utilizing the daily timeframe generates better results than a strategy
The daily high/low trading strategy: Is it worth it? Read More »
Forex traders must know how to interpret charts if they are committed to actively trading stocks. Technical analysis relies heavily on charts. Price patterns can be identified more quickly using this visual representation. Additionally, charts help FX investors to get a clearer picture of price movement over time and make informed trading decisions. Most traders
The Significance of Point and Figure Chart in Forex Read More »
Every trader’s calendar includes the meeting of the Federal Open Market Committee (FOMC). A series of meetings are held every eight months, and all investors prepare for it in advance. Since this meeting is one of the essential indicators of the United States economy’s future, there is usually much market movement before and after the
How to trade the FOMC market news? Read More »
Trend trading is among the most popular forms of trading. With the super trend trading system, short-term trends are exploited to ride and get on board for price moves. What is a super trend indicator? The super trend indicator created by Olivier Seban is supposed to work on different timeframes. It works for forex, equities,
Super trend Indicator Trading Strategy Read More »
Talking about candlestick patterns has become the most common knowledge to be used as technical analysis for trading. These patterns consist of long wicks and coloured bodies, with which you can easily read the price action and get yourself access to numerous trading opportunities. Bearish one black crow is the most common candlestick pattern. It
How to use one black crow candlestick pattern? Read More »
An end-of-day trading strategy is a process of deciding on and initiating a trading position based on assessing the previous session’s trading activity. It is a simple process, you need to take a look at the trading activity at the end of regular market close, and then you decide ongoing short and long the market
What is End-of-Day Trading? Read More »
Trading based on market expectations before and after a news release is termed a news trading strategy. News trading announcements can require you to make quick decisions because the financial markets might be impacted immediately. That’s why you need to make quick decisions on how to trade the announcements. When trading on news releases, you
News Trading Strategy: Does it Work for You? Read More »
One of the most popular technical indicators for day trading and forex is the MACD. It measures the difference between two exponential moving averages and plots the difference as a line graph. A histogram depicting the difference between the second signal line and the MACD is then plotted. It is possible to change the settings
Why is MACD a Favorite Trading Strategy? Read More »
