STOP HUNTING IN FOREX TRADING
WHAT IS STOP-LOSS HUNTING IN FOREX? Stop-loss hunting refers to a practice in forex trading where large market participants, such as banks, hedge funds, or institutional traders, intentionally push the…
You have nothing to lose. Really?
"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…
What you need to know about forex trading
There are only about 6 things to know about anything, or any topic, to understand it. It is the same with forex. But I would add a 7th question because…
What exactly is forex trading?
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…
Triangle Breakout Strategy
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…
Trend and range in forex trading
What is a range in forex trading? A range is price movement within a range of obvious highs and lows (resistance and support), and it is depicted on a chart…
Break-out strategies
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…
Risk management in fx trading
Risk management or risk control is the most important aspect of forex trading Successful forex traders will tell you that risk management in fx trading is the most important aspect…
Why pips are more important than $s
A pip (point in percentage), is the smallest movement a forex price can make, and is just as important to know, and manage, than the Dollars the trader can make.…
Non-farm payrolls and why it is important to forex traders
Img source The US non-farm payroll (NFP) employment is probably the most influential statistic that affects forex trading. The NFP figure consists of the number of jobs lost or gained…