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Avoiding the 5 Most Common Forex Trading Mistakes
A major reason responsible for 95% of retail traders sustaining losses in the Forex market is not necessarily a failure to register profitable trades, but rather a constant repetition of 5 common Forex trading mistakes. In this article, we examine these mistakes and suggest ways that traders can avoid them. Mistake No. 1: The market players are squeaky clean […]
Read Some MoreHow to Use Support and Resistance in Trading
If you are to succeed in this journey we call Forex trading, you cannot run away from the concept of support and resistance. You need to know when bullish runs will take a breather, and you also need to know when traders will tire of selling. Some of you have at one time or the other, […]
Read Some MoreTrading With the Trend: What Every Forex Trader Must Know
One of the most common areas of confusion for forex traders is trying to determine which direction the trend will take. We have all heard the saying: “the trend is your friend till it ends”. This holds true in forex, as the institutional traders who control the majority of volume in the forex market will […]
Read Some MoreTrading Price Channels
Price channels are chart patterns formed when the highs and lows of the candlesticks can be joined by an upper and lower trend line that are parallel to each other. They occur all the time in the market, but traders sometimes have trouble identifying them, which should really not be the case. There are three […]
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