Traits of a Forex Gamblers and How to Stop Them

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Gambling is defined as staking something on a probability. However, when trading is considered, gambling takes on a much more complex dynamic than the definition presents. Many traders are Forex gamblers without even knowing it. In this article, we will look at the hidden ways in which gambling creeps into trading practices, as well as the stimulus that …

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Basic Terminologies used in Forex Trading

To trade Forex signals successfully, learn about: Currency Pairs Types of Orders P.S.M.L (Pip; Spread; Margin; Leverage) Currency Pairs It is very important to get to know Forex Terminology in order to trade knowledgeably. The terminology is important to be able to read currency price quotes. Remember: in Forex, each currency is compared to another currency. Base Currency …

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Synchronize Time and Place for Forex Trading

It’s time to learn more about the market.  Our step-by-step journey through Forex continues. So before jumping into the deep water, let’s wet our feet first, and get used to the temperature… and focus on the following forex trading terms: Currency pairs: Major currencies, Cross currencies, and Exotic pairs Trading hours It’s time to begin! …

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The Basic That Tools Are Necessary to Be a Successful Forex Trader

Now that you wet your toes, we are ready to start swimming lessons… Let’s jump right in. We will now start giving you the basic tools necessary to be a successful Forex trader. Charts Types Supply and Demand Lines & Trends Time Frames Trading Styles: long, short, day, intraday, swing, scalping Multiple Time Frames Strategy …

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Technical Forex Trading Analysis Strategies

It’s time to get right into the thick of things and start learning about technical analysis, one of the most common forex trading strategies. In Chapter 6 we will discuss some of the most popular forex trading strategies. Technical Analysis Support and resistance levels Price action Chart patterns Channels Technical analysis methods acquired huge popularity towards …

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