Jan 31st, 2011
Largely due to the fact that the forex market is the world’s biggest financial market with an average daily turnover of more than $3 trillion, trading the forex market comes with its own unique set of advantages that other markets simply do not possess. The size and accessibility of the forex market means that it is very easy to get started trading and investing in foreign currencies, it also means you don’t need a large sum of money to get started trading forex.
Dec 29th, 2010
Rather than trying to over-analyze the market and “manifest” trade setups where there simply aren’t any, let the market show you its hand. The best forex trade setups are usually the most obvious ones; the ones that seem to “jump” off the chart at you
Dec 13th, 2010
Learning how to properly use trend lines when trading the forex market can add yet one more tool to your technical analysis tool box. However, trend line analysis is rather subjective, so, there are some general rules of thumb you want to keep in mind when trading with trend lines.
Nov 3rd, 2010
Learning how to use horizontal lines effectively in the forex market is an essential aspect of becoming a great technical chart trader, this forex trading technique is more commonly known as support and resistance trading. There a few different instances in which you can make great use of the horizontal line forex trading strategy. We will discuss each of these with chart examples in this article:
Aug 9th, 2010
50% retracements are one of the oldest and most consistent entry methods for traders of any financial market. These retracements work equally as well in the forex markets as they do in other markets; therefore, it is very important that you have a working knowledge of how to successfully implement this strategy into your trade setup arsenal.
Jul 26th, 2010
A thorough understanding of how to effectively use support and resistance is crucial for any aspiring professional forex trader. There are essentially 4 primary ways to implement support and resistance levels into your forex trading routine. The 4 primary support and resistance forex strategies include:
Jul 25th, 2010
The box break out forex strategy is one of the most well-known and consistent forex trading strategies out there. Traders have literally been using this strategy to successfully trade the markets for decades, and it works especially well in the forex markets. Every serious forex trader needs to have a working knowledge of the box break-out forex strategy as it is crucial to spotting profitable opportunities within the market.