Engulfing candlestick patterns are comprised of two bars on a price chart. They are used to indicate a market reversal. The second candlestick will be much larger than the first, so that it completely covers or ‘engulfs’ the length of the previous bar. There are two types: Bullish engulfing candlestick

Danger exists with the rewards that come with spread betting. “For those who are asking, “Is gambling spread betting? – “No” is the answer. But that doesn’t mean there’s no chance of money being wasted. Practicing careful risk management is one of the most critical factors in putting together a

Some Forex traders fail because they try to run even before they can walk. You may be passionate about trading Forex but that does not mean that jumping headfirst into the trading will do you any good. Like all other professions, Forex needs training too. A period of theoretical education

Forex trading is very popular and common these days. People from all over the globe are now getting into Forex trading. In, a lot of traders are using Forex market predictions provided by other traders and which are called forex signals. What Is Forex Trading Signals? Forex Signals are a

When Forex traders place their trades, the majority of them have no idea what their final destination is as far as price. Because of this, there is a certain set of situations that dictate whether or not you may want to place a take profit order when trading Forex. One

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

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

Stop hunting is a strategy that attempts to force some market participants out of their positions by driving the price of an asset to a level where many individuals have chosen to set stop-loss orders. The triggering of many stop losses at once typically creates high volatility and can present

There are many factors that contribute to trader’s success in the market. Successful traders usually are the people that have accumulated a lot of experience, as well as knowledge of the market basics, and have utilized them in their favor. When people enter the foreign exchange market, their goal is