Newbie guides to learn the trading job. Several guides are planned. MT4 user's guide. Guide to MT4, Technical Indicators, and asset analytical information.
Ichimoku Kinko Hyo Guide – A walk through a trade. I want to preface this guide with a screenshot of my account. [caption id="attachment_48804" align="aligncenter" width="1920"] Trade History[/caption] The
As we all know, there are three primary techniques to trade the Forex market. They are Technical Analysis, Fundamental Analysis, and Sentimental Analysis. Technical Analysis is one of the most prominent ways of trading the market, which involves using Technical Indicators, Price Action Techniques, etc. However, Fundamental analysis is one of the most underrated techniques to gauge the currency price movement.
If you’re a forex trader, chances are that you’ve already heard about MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These are the two most...
Recently, we ended the series that presents the basic concepts of the Elliott Wave Theory. In this guideline, we disclose the contents developed. Fundamentals of Elliott Wave Theory. Divided into
We, at Forex.Academy, try to help novice, and not so novice, traders the best ways to trade in this Forex jungle. Many novice traders put their focus on entries, thinking that to be profitable, you need to be right. Right? - Wrong! in his book "Trade your way to your financial freedom," Van K. Tharp proposed a random entry system as an example to show that trade management is more important than entries. The stop-loss setting is a key part of trade management, so, let's have a look at how to optimize them.
Chart Patterns: Start Here
Harmonic Pattern – Walkthrough [caption id="attachment_48985" align="aligncenter" width="3682"] Bearish Butterfly Pattern against 180-degree Square of 9 angle.[/caption] The chart above is the AUDJPY Forex pair on its 6-hour
Ichimoku Guide – Start Here The Ichimoku Kinko Hyo system is a powerful, tested, and vetted trading system. This guide will lead you in the direction of the articles you
We have ended the section that covers the Advanced Level of the Elliott Wave Analysis based on the work developed by Glenn Neely, "Mastering Elliott Wave." These concepts are described and includes the following aspects:
We have finished the section that covers advanced concepts of the Elliott Wave Principle. These concepts are unfolded, including the following aspects.
Harmonic Patterns – Start Here Harmonic Patterns are an advanced form of analysis and require more than a basic understanding of the technical analysis of financial markets. For those of
We have finished the section that covers the Intermediate Level of the Elliott Wave Analysis based on the work of Glenn Neely. These concepts are described and include the following aspects.
We have completed the section that covers the preliminary concepts of the Elliott Wave Analysis described by Glenn Neely. These concepts are explained and include the following aspects.
After completing our series on position size, we would like to summarize what we have learned and make conclusions.
Every trader starting the currency trading journey strives to equip himself/herself with the best set of information on the market. While the aspirations to be a better trader and thus obtain a higher income, are common among novice forex traders, finding relevant educational material may be a challenging task. Despite the rising number of individuals interested in the spot forex market and the increasing internet use among people of all ages, the advice available on YouTube, Twitter, or any other media outlet may not serve a trader as well as it should. Nonetheless, beginners should still not lose hope because they can find some extremely original prop traders online whose profound insight into the currency market could shape these individuals’ entire outlook on trading.