When someone tells you that trading Forex is easy and you can make tons of money with a few flicks of a finger, know that he is either a fool or a charlatan. Before anyone gets to become a successful Forex trader, he will take a lot of knocks and

At the moment trading can seem a lot more stressful than it was just a year ago. That might be true and that might be an illusion, but in the end, no matter the circumstance, trading has always been a stressful business. And stress is a thing that can ruin

Trading in the foreign exchange market can be quite challenging for both novice and seasoned traders. This is why all forex traders with any level of success will augment their decision-making skills by using a number of FX trading tools. These tools can help traders facilitate and determine profitable entry

One of the safest methods for forex trading is trading with the big picture in mind. The big forex picture takes into account all of the information available for a currency pair. Such big-picture information includes things like the interest rates in both countries, the functions of each country’s economy, and the current

  The key to finding entry points is to seem for instances all of the indicators factors in the identical direction. The signals of each timeframe ought to aid the timing and route of the trade. There are a few unique bullish and bearish entry points: Bullish Bullish candlestick engulfing or different formations Trendline/channel breakouts upwards Positive divergences in RSI, stochastics, and MACD Moving average crossovers (shorter crossing over longer) Strong, shut aid and weak, far away resistance

A commonly known fact is that a significant amount of forex traders fail. Various websites and blogs even go as far as to say that 70%, 80%, and even more than 90% of forex traders lose money and end up quitting. The forex website DailyFX found that many forex traders do better than that, but

There’s no single trader who has never made a loss throughout their career. Whether it was because of lack of education, technology meltdown, lack of discipline or emotional intelligence, wrong series of decisions or simply bad luck, every trader will eventually experience a loss or even several. It’s undoubtedly an

If you’re a beginner in the Forex market, chances are you’ve stumbled upon an article or forum post that include terms such as “pips”, “cross-pairs”, “margin” and others.  Those are basic terms of the Forex market that all traders need to know. We’ve created a list of the most important

Before you start trading currencies, you should know whether it is worth to spend any time on it or not. You have to know whether it is worth to spend your time on learning forex, or it won’t get you anywhere finally. Is It Worth to Spend Time on Forex

To better understand the forex spread and how it affects you, you must understand the general structure of any forex trade. One way of looking at the trade structure is that all trades are conducted through intermediaries who charge for their services. This charge which is the trade’s difference between the bidding