Psychology

You have nothing to lose. Really?

Posted on

“You have nothing to lose and our forex training can change your life”. This is how many fx training providers get amateurs into the forex trading game.

The truth is that you have much to lose:

  • money,
  • time,
  • belief in
How-to

What exactly is forex trading?

Posted on
USD, EUR, GBP, JPY

Trading in foreign exchange is the buying and selling of two currencies, or money denominations of two countries.

Forex trading is based on the difference in the value of the two currencies (currency pair) and how …

Strategy

Triangle Breakout Strategy

Posted on

Patterns are valuable aids for any trader in identifying possible edges based on what chart patterns have a possibility of occurring.

The trader should understand that certain chart patterns keep on occurring due to the fact that traders make decisions …

Strategy

Trend and range in forex trading

Posted on
What is a range in forex trading?
Range on forex chart

A range is price movement within a range of obvious highs and lows (resistance and support), and it is depicted on a chart as an image of sideways price movement.

  • The highs and
Psychology

Should a trader act like Trump?

Posted on
Trade like Trump

Pres Trump appears to be a person who reacts with stubbornness when he feels that he is prescribed to.

He would probably describe it as “decisive”, “adamant” or “backbone”. Should you strive to be like him?

Then you could easily …

How-to

Learn to trade forex free

Posted on

You don’t have to pay to learn the basic skills needed in forex trading, you can learn it free.

This website is one of the online places where you can learn the basics of forex trading at no cost. But, …

How-to

How do I do a forex trade?

Posted on

When novice traders ask this question, they usually get a course in forex trading. But what many new traders have difficulty with, is how to actually go about placing their first trade.

Here are the steps in a trade:
  1. Find
Strategy

Break-out strategies

Posted on
Flat top triangle

There are just as many breakout strategies as there are patterns on fx charts, and as many versions of what a breakout is as there are pattern boundaries.

But they all centre around the breaking of some form of support …

Strategy

Risk management in fx trading

Posted on

Risk control is the most important aspect of forex trading

Successful forex traders will tell you that risk control is the most important aspect of trading.

It is the one technical tool that every trader has, that ensures that he …