Forex Education

Home Forex Forex Education Page 3
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.

What is Revenge Trading and Should You Try It?

Revenge trading, it sounds like something you would do to an ex or after the markets have hurt you, and in a sense, that...

Strong Reversal Pattern in the Daily Chart? Make Full Use of...

In today’s lesson, we are going to demonstrate an example of a daily chart, which ends up offering an H4 entry by producing a Morning Star in the daily chart. The Morning Star is one of the strongest bullish reversal patterns. The combination traders may make full use of it too. This is what we are going to demonstrate in today’s lesson. Let us get started.

Signs that You’re Ready to Open a Live Account

Have you been considering the benefits of becoming a forex trader lately? Perhaps you’ve heard stories from close friends or family members about the...

Trading, HFT and Big Data – Exposing Fake News!

Just as the white SUVs are flooding our streets, "Big Data" seems to be the hot topic. While at first, it doesn’t seem hard...

Why Trading Discipline May Not be Enough

Let's say you are an experienced trader, trading on the Daily timeframe. You are long on the EUR/USD, as per your system signal, you...

Do Not Change Your Demonstrated Strategy Out of the Blue

Forex market is appealing to the traders. It operates 24/5, and it is the most liquidate financial market. It offers numerous trading opportunities to traders of all sorts. Since it

What We Can Learn from Billionaire Trading Legend George Soros

If you want to get really good at something, it helps to take a few tips from the professionals. In this case, we’re looking...

Covid-19 and Dow Jones: Market Collapse and Prospects

The coronavirus epidemic appeared in January 2020, but markets reacted with a collapse only at the end of February. Until then, the epidemic once...

Is it Possible to Trade Forex on Sundays?

If you’re new to forex trading, you may be eager to trade as much as possible, or perhaps you’re trying to figure out a...

Forex Risk Ratios: A Different Perspective

This article will deal with ration and how they can be misleading. This is just advice coming from professional prop traders in the US....

An Old Theory about Support/Resistance

Support and Resistance are the two extremely important components in financial trading. Price action traders rely on them as a critical component of their trading strategies.

Reasons to Avoid Revenge Trading

Revenge a dish best served cold. That is the old movie quote, but it doesn't quite have the same meaning when we look at...

Forex Trader’s Guide to Agricultural Commodities

Agricultural commodities include items that revolve around crops and animals, making them an important source of nourishment for many people and animals in the...

What’s Your Forex Trading Style?

If you don't already know what your trading style is, it's important to spend the time learning about the different styles so that you...

The Application of the Moving Average on Indicators

Traders worldwide have shown interest in the Moving Average Convergence/Divergence indicator that we all know as MACD. Praised as a two-line indicator that has...

Self-Motivation and Self-Discipline In Trading

Motivation and discipline, some incredibly important traits that you need to have in order to be a successful trader. You often hear that trading...

How to Cope with Forex Losses

Forex trading is inherently risky. It is known for churning out billionaires while others are left with less than they started with. Watching our...

Simple FX Scalping Strategies to Put to the Test

The fact that you are here means that you most likely know what scalping is. For those that don’t, scalping is one of the...

142. Different Types Of Breakouts & How To Trade them?

Introduction As discussed in the previous lesson, a breakout is the price action that goes above or below a significant level on the price chart....

Mind the Gap Price Action Traders

In the Forex market, most pairs start trading with a gap after weekends. Most of them are not visible on charts such as the H1, H4, or the daily. Some pairs begin with a big gap, which is visible even on the major charts. It gets difficult for price action traders to trade and make a profit when a pair starts with an evident gap. In today’s article, we are going to demonstrate an example of this.

10 Things Steve Jobs Can Teach Us About FX Trading

At the onset of the digital awakening, Steve Jobs emerged as a symbol of innovativeness. His legacy precedes him but is no less of...

The Importance of ‘Loan Growth’ as a Forex Macro Economic Indicator

Introduction Loan Growth is a suitable parameter for us to check whether the monetary strategies implemented by the Central Authorities are coming into play yet...

NZD/AED Asset Analysis

NZD/AED is a currency pair where NZD is the currency of New Zealand. On the other hand, the AED is the currency of the...

Traders are to be Artists

In today's lesson, we are going to demonstrate an example of the daily-H4 chart combination trading. The H4 chart offers a long entry. The chart's breakout and level of support are to be spotted with some calculation. We try to learn those from today's lesson.

Types of Bullish Candlesticks

In this article, we are going to get acquainted with some of the Bullish Candlesticks that the financial markets produce. Let’s get started.   Bullish Trackrail Bullish Trackrail candlestick indicates

Trend Trading When There Are No Trends

During a larger part of 2019 traders have witnessed probably the least volatile forex market in history. These periods are often followed by steady bullish equities markets when most of the capital goes on this side of trading. Forex traders that use trend following methods have two options in these situations. Trade as they are still in trending markets and give back what they have earned during the previous year or use this environment to their advantage. The situation from 2019 is perfect grounds to learn, test, and separate consistent traders from the rest. 

What Skeptics Need to Know About Forex

There are a lot of people out there that simply do not trust trading or forex, they see it as some sort of money...

10 Incredibly Surprising Stats About Forex Trading

Both aspiring and expert forex traders can benefit from learning informative statistics about the forex market; however, you’ll often find a long list of...

What is the Difference Between Orders, Trades and Positions in Forex?

For someone with very little knowledge of forex or trading as a whole, the terms order, trade, and position all probably sound quite similar...

Trading the AUD/NZD Currency Pair

Most traders nowadays trade pairs involving currencies such as EUR and USD because they have found such currencies to provide them with the best...

H1-15M Chart Combination Trading: Mind the Weekend

In today’s lesson, we are going to demonstrate an example of H1-15M chart combination trading. Usually, the H1-15M chart combination trading offers 1:2 risk-reward. However, in this example, the buyers may need to come out with their profit with 1:1 risk-reward. We find out why they shall do that so.

Trading Problems that Will Cut into Your Profits

As a forex trader, there’s a lot to know when it comes to making money… and avoiding the loss of money. Psychological problems, technical...

How to Avoid the Forex Drawdown Trap and Come Out On...

Drawdown is an extremely important benchmark of one’s development as a forex trader which is why it is the topic of today’s article. Shortly...

Setting Up Your Trading Environment

As with any job in life, the place that you are going to be working, or in this scenario, the place where you are...

Testing Process of a Trading System

Introduction

Monthly Returns: Reviewing and Goal Setting

What is the satisfying rate of return that we can achieve during a period of one month? Do we really need to aim for any kind of speedy results? There are a lot of different types of traders out there, experts, professionals, beginners, people who trade just for fun, or people who think they are doing just great so they want to set some goals for the future. That part of pursuing the goals could be very tricky in forex trading. Naturally, we all want to be better and more successful in areas like trading psychology, money management, and trade entries. We want to acquire wealth and knowledge as well but for that, we need discipline and a killer strategy. Before all of that, we need to achieve patience, because that skill could be our most powerful weapon in most cases.

Can You Start Trading Forex With Only $200?

Can you really start to trade Forex with as little as $200? Let's take the short and sweet answer here, yes you can. Many...

Why Conspiracy Theories in Forex Might Only be Half-Truths

A conspiracy is definitely one of the terms that arise a lot of pros and cons among people, depending on the way of their thinking and using their common sense and healthy logic and presumptions. The majority of the crowd get into the endless world of conspiracy theories once they start getting older and being disappointed with society, limited by life responsibilities, and faced with their own failures. By blaming someone else behind the curtain, the one who we actually cannot affect and who is pulling the triggers is one of the paths to enter the wide world of conspiracy theories. These people believe that there is always something suspicious going on behind the scene in every single fragment of their life, without actually being able to prove most of their beliefs.