New traders often wonder which time frames to watch while day trading stocks. Do you use tick charts and a five-minute chart for context, or is it better to use a one-minute chart instead? Is a 15-minute or hourly chart more effective at monitoring major support or resistance levels created over the

The non-farm payrolls report is one of the most-anticipated economic news reports in the forex market. It is published the first Friday of the month at 8:30 a.m. Eastern time by the U.S. Bureau of Labor Statistics.1 The data release actually includes a number of statistics, and not just the NFP

On the surface, day trading looks like it should be easy. Jump in and out of trades as the price moves, make a little profit and repeat the process tomorrow. Unfortunately, many dangers are lurking in the markets for day traders and new day traders are unaware of these dangers and how

Binary options are an all-or-nothing option type where you risk a certain amount of capital, and you lose it or make a fixed return based on whether the price of the underlying asset is above or below (depending on which you pick) a specific price at a specific time. If

Every trade requires an exit, at some point. Getting into a trade is the easy part, but where you get out determines your profit or loss. Trades can be closed based on a specific set of conditions developing, a trailing stop loss order or with the use of a profit

No matter how much investment research is done or how selective we are, many of our trades will be losers. It is for this reason that we need to control risk on every trade. Unfortunately, we don’t automatically know if it is going to be a winner or loser (otherwise, we would

Day traders buy and sell stocks, currencies, or futures throughout the trading session. Typically, these trades close before the market does. Holding a position overnight requires careful consideration. What to Consider Before Holding a Position Overnight Each market (stocks, forex, and futures) has different factors to consider. Risk and risk management must

When the initial boom of the forex market hit the Internet and the number of people that started to trading and investing have increase, it immediately became fertile ground for the shady characters of the world to jump in and commit numerous instances of forex fraud. The market got hit

A forex hedge is a transaction implemented to protect an existing or anticipated position from an unwanted move in exchange rates. Forex hedges are used by a broad range of market participants, including investors, traders and businesses. By using a forex hedge properly, an individual who is long a foreign