Trendlines are one of the mainly used tools of analysis. As a tool of analysis, trendlines can be considered to be dynamic or adaptive support and resistance levels that adapt to trend to find control points on either end of the channels or trend breakouts. Numerous tips can be used to refine how trendlines positively […]
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Improving your odds while trading
Its common knowledge that trading is a numbers game. The more you are able to pull the odds to your favour the more likely you are to be successful as a retail forex trader, it is not necessarily that the more information you have the more successful you can be as a trader. Being able […]
What you can learn from top Traders
BLOG OUTLINE Section: Top traders know when is the best time to buy and sell Section: They know that timing is everything Section: They understand the fundamentals of forex trading Section: They know how to handle their finances Section: They know how to trade forex keep it small and simple BLOG INTRODUCTION The forex market […]
The top Pros and Cons in the forex trading industry
BLOG OUTLINE Pros Easily accessible Global market Leverage options Volatility and liquidity CONS High degree of leverage. Commission costs for brokers. Need for education about forex trading industry. BLOG INTRODUCTION Forex is a global currency exchange that serves as a bridge between the currencies of the different countries by enabling their conversion into each other. […]
What is your trading risk tolerance?
BLOG OUTLINE Section: What is risk tolerance? Section: Types of risk tolerance Section: Steps to determining your risk tolerance Section: The importance of risk tolerance. BLOG INTRODUCTION Risk tolerance in forex trading. How do you manage risk as a trader? How can you determine your risk tolerance? Learn what is risk tolerance and how to […]
