Forex Education
This section holds our Forex Educational library: Our trading library consists of a collection of the most excellent educational articles written by our top market experts. It is primarily focused on those subscribers who aim at initiating or consolidating a professional trading career; that is, for people who take trading seriously. It is our mission to continually enrich our library over time, as well to cover all sorts of useful topics, from foundational to the most advanced ones. We have separate sections for Advanced Forex Education, beginners Forex Education, A daily Forex Topic and a Complete Forex Course.
Top Four Questions For a Professional Prop Trader
Becoming a professional prop trader is not easy. The positive results of trading and effort come after a few years. Whatsmore, they may not...
The ATR Indicator and Volatility in Trading
Have you ever considered how to use volatility in your trading? How to apply some filters according to their behavior? The ATR indicator can...
Is There Really a 100% Winning Strategy in Forex?
The short answer to this question is simply, no, there is not a 100% winning strategy, the only way that you can avoid losing...
Everything You Need to Know About Using MACD (Moving Average Convergence...
Moving averages identify trends when filtering price fluctuations. Under this idea, Gerald Appel, an analyst and portfolio manager from New York, developed a more...
Positive Thinking = Positive Trading: The Power of Positivity
Staying positive can be difficult, especially when things are no longer going your way, and when trading in the markets, there are countless things...
The Ichimoku Kinko Hyo System
The Ichimoku Kinko Hyo System
When I use the Ichimoku Kinko System in my trading, I can look at a chart and immediately know whether a trade can be taken
15. All About Trading The Tokyo Session!
Introduction
Japan’s capital Tokyo, is the most majorly traded market in the Asian continent. That is, in Asia, the highest volume comes from the Tokyo market. In fact, it is
16. Trading The London Session
Introduction
The London session, also referred to as the European session, is the session where a significantly high amount of trading happens. The London session opens at 3:00 AM
Which Global Trading Session is the Worst? The Answer Just Might...
FWhile the forex market offers the opportunity to trade 24 hours per day, smart traders know that certain times just aren’t prime for trading....
The Shark Pattern
Harmonic Pattern Example: Bearish Shark
The Shark Pattern
The Shark Pattern is the newest harmonic pattern from Carney’s work (2016). He revealed this pattern in his third book in
3 – Reading & Understanding The Currency Pairs
Introduction
From the previous lesson, we know that global currencies are traded in the Forex market. These currencies are exchanged in pairs. We also understood what Major, Minor, and Exotic
You’re still using Fibonacci Retracements Incorrectly
You’re still using Fibonacci retracements incorrectly
Like any discipline or field of study, Technical Analysis goes through changes. Old theories and approaches are rigorously utilized...
Chart Patterns: Ascending Triangles
[caption id="attachment_57083" align="aligncenter" width="3338"] Ascending Triangle[/caption]
Retracement, Consolidation, Breakout, and Price-Action Trading
In the financial market, there is a saying, “Trend is your friend.” When the price makes a strong move towards a direction breaching a significant level of support/resistance, traders start
A Different Heikin Ashi Strategy – Trend Exit Guide
Most traders initially rely on what they hear, read, or otherwise find to be useful and informative, especially due to the enabling nature of...
How Do Forex Robots Actually Work?
What’s this about trading robots? Do they work? Are robots bad? Many questions are those that usually roll in the head when you hear...
The Fundamentals of the Japanese Yen (JPY)
In terms of popularity, the Japanese yen (sign: ¥, code: JPY; meaning: circle, round object) ranks third among the eight most traded currencies in the world, only preceded by the USD and the EUR. This currency forms some of the most traded crosses as well, such as the USD/JPY currency pair that holds an 11% volume of all trades worldwide. As such, the JPY is also one of the most liquid currencies and enjoys the status of a reserved currency in many countries around the globe.
Point & Figure: Applied Trading Strategies and Theory
Of all the chart styles and trading styles I’ve used in my years of trading, Point & Figure is by far the least stressful and most profitable I’ve ever used. Point & Figure, for a trader, I believe, is the most stress-free form of charting available.
Not Having This Information About Correlations Will Keep You From Growing
I don’t know if you’ve ever heard of the correlation, but just in case I’ve been working on this article. Have you ever thought...
The Absolute Best Forex Indicators (and How to Combine Them)
One of the most challenging and time-consuming aspects is trying to find out what your trading style is and the time period that best...
Candlestick Reversal Patterns V – The Morning Star and the Evening...
The Morning Star and the Evening Star
Forex Currency Pairs 101
You have probably heard about most of the available currencies such as the US Dollar, the British pound, and the Euro, the three of...
Chart Patterns: Pullback and Throwbacks
The most common term people associate with retracements in price that retest prior areas of support or resistance is a pullback. There is another...
Trading System design -Creating Your Strategy with Tradingview’s Pine Script –...
As promised, in this article, we will go through the steps to create a custom strategy, from the initial idea to the implementation of signals, stops, and targets.
Elliott Wave Principle – Advanced Concepts – Part 2
Indicators are a useful tool that can aid in supporting the analysis process. In this educational article, we will review the Awesome Oscillator and how it can help us in
Chart Patterns: Flags and Pennants
Flags and Pennants
If you’ve ever traded a chart and you’ve seen what looks like a reversal in the trend, but as soon as you...
Women in the World of Forex
In this article, everything is based on an opinion, experience, conversation, and basic research by people that work professionally as traders on forex. It...
Elliott Wave Theory and Fibonacci
Leonardo da Pisa developed the Fibonacci sequence in the thirteen century. The series starts like this: 1-1-2-3-5-8, and so on. Elliott, in his work "Nature's Law," said Fibonacci provides
