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Sharpen your trading skills: GBPUSD Case study
You`re considering trading GBPUSD currency pair. And to decide whether to go long or short you will need to use technical analysis and moreStep 1: Review the Price Chart You start by looking at a candlestick chart of GBPUSD currency pair over the pas...
Tips For Trading During News in Forex
I am going to talk about trading Forex during news events today. Trading news strategy is a quite dangerous way to earn money actually, but many traders are getting caught up, because they really want to trade these big shifts in prices, caused by ne...
Candlestick Patterns Trading Strategy
Trading experience has shown that there are two candlestick patterns that stand out from the rest. These 2 candlestick patterns work so well that many experienced traders use them.In this article we are going to show how to identify them, so there wo...
Rules-based Day Trading Strategy - Perfect For Beginner Traders
During this strategy we will use two different timeframes, one of which will help us identify the trend of the price, so we would know whether we will buy or sell. Let us explain more by showing it on the chart. First of all we are going to...
Beginner Trading traps
Let’s jump right in!One of the traps beginner traders tend to fall in is solely basing their trading on technical analysis. Beginners often think if they learn everything about technical analysis that would be definitely enough for profitable trades....