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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.

Why GBPJPY Plummeted in Friday’s Session?

The GBPJPY cross declined on Friday trading session dragged 0.70% after the price surpassed the psychological barrier of 142, being the highest level reached since early September 2020.

Are the Markets Ever Actually Wrong? (Hint, It’s Possible)

Price is everything. By observing the pound rally in October, you involuntarily begin to believe in the principles of technical analysis. You’d have to...

Using Parabolic SAR With Dynamic Stops Losses

One of the best-known indicators in the Forex market is the Parabolic SAR indicator. This is because it tells us when the momentum is...

Trading System design – The pathway to Success

This article outlines the steps needed to find, create, test, and verify a trading system. We have to bear in mind that there is no way to create a forex trading system with an equity curve straight upward. Well, yes, it can be made. I've made it, but only optimizing it so much that expecting it to continue performing like this under real trading would be silly. Most trading bots advertise curves like this. If you believe them, your money will be in jeopardy.

What You Need to Know About Trading Forex In the U.K.

So, you are currently living in the UK and want to be a forex trader? Great! Wanting to do something is always the first...

Can Trend Lines Alone Be Used to Make Trade Decisions?

Trend lines are simply lines that are drawn on a chart that when analyzed will give you as a trader an idea of the...

Faux Pas That Are Actually Okay to Make With Your Trading

Much like anything in life, trading offers a lot of variety and so there are a lot of different people doing a lot of...

Five Ways to Survive and Thrive in Extreme Volatility

Market volatility can be both a blessing and a curse, Many traders out there trade only in the most volatile of conditions, while others...

Top 5 Things You’re Forgetting to Do While Trading Forex

Forex trading is a massive beast, there is so much involved in it, you will be forgiven if you were to forget something. In...

How Technology Is Changing How We Trade Forex

The world is changing, technology is changing and so the way that we trade is also changing based on the new technology that is coming out. It is changing and it will continue to change as the world progresses. 

GBP/CHF Global Macro Analysis – Part 3

GBP/CHF Exogenous Analysis The UK and Switzerland Current Account Differential A country's current account shows the sum of its net exports, net secondary income,...

GBP/CHF Global Macro Analysis – Part 1 & 2

Introduction The global macro analysis of the GBP/CHF currency pair will involve analysing endogenous and exogenous factors. Endogenous factors drive the domestic GDP growth in...

Trading System design – Basic Concepts

In previous articles, we explained the importance of a plan to succeed in Forex and described its general features. In this article, we will describe the concepts that need to be considered when designing a trading system.

EURAUD Under Bearish Pressure, What’s ahead?

The EURAUD cross is advancing in its incomplete third wave from a mid-term downward sequence that remains in play. Follow with us on what the Elliott wave theory tells about its next movement.

The Best Advice Forex Trading Advice You’ll Ever Receive

We all like a little bit of advice, don't we? The entire point of advice is that it allows us to get better, as...

What NOT to Do When Trading Forex For the First Time

Let’s be honest with each other, we have all made some silly mistakes when we do something for the first time. This is certainly...

The Most Hilarious Complaints We’ve Heard About Forex

There are a lot of people that like to complain about things when it comes to trading. Some of them are genuine complaints, while...

Tips for Increasing Your Forex Productivity

Forex trading can take a long time. In fact, in order to place a single trade, it could take you up to a few...

To People That Want To Start Forex But Are Afraid To...

Getting started with new things is often the hardest step, and it is no different when it comes to trading and forex. People can...

What I Wish I Knew About Forex Trading A Year Ago

One thing that we can all be sure about, hindsight is a fantastic thing. It allows us to look back at what we have...

Undeniable Proof That You Need A Trading Strategy

If you are new to trading or are simply thinking about joining and have spoken to another trader, they most likely would have asked...

GBP/JPY Global Macro Analysis – Part 3

GBP/JPY Exogenous Analysis The United Kingdom and Japan Current Account Differential The current account data is the most comprehensive measure of a country's participation...

Building a Trading System: Elements of a Trading Plan

Now that we know the importance of having a plan, let's discuss the necessary components of a trading plan.

GBP/JPY Global Macro Analysis – Part 2

JPY Endogenous Analysis Summary An overall score of -13 implies that this currency (JPY) has depreciated since the beginning of this year. Indicator Score Total State Comment Japan Employment Rate -4 10 60.4% in October...

Three Trade Duration-Based Forex Strategies

In this article, we will analyze the types of existing automated systems according to the duration of the trade. I’ll show you some interesting...

The Seven Deadly Sins of the Forex Trader

Most of us have heard of the biblical seven deadly sins, but few know about the seven deadly sins of Forex. Part of achieving...

What Is the 70/20 Rule in Forex?

Experts believe that 70 percent of market movements occur only during 20 percent of all time. What does the trader need to know about...

The Inflation That Will Never Really Come

The sole objective of the entire Keynesian economy is to generate inflation. That is what the Keynesian shamans call economic growth, inflation. People often don’t understand what inflation means or why it exists and that makes them fall for the generally false belief that inflation makes debts evaporate.

The Fundamentals of Mental Accounting in Forex Trading

The vast majority of agents involved in the financial markets know the term accounting. We also know the different categories within the generic concept: financial accounting, corporate accounting, analytical, management, banking, etc. However, what do we know about Mental Accounting? Have you ever wondered about the internal processes that our minds follow when we open or close a position? Why isn’t it easy for us to close a loss-making operation? Why do we rush to sell the winning trades, even knowing that they can have a favorable path to our position?

Building a Trading System: Why do you need a trading plan?

The necessity of a trading system has been discussed many times. Still,  new traders don't consider it important when, in fact, it is a crucial element.  Could you conceive building a bridge without a project, playing tennis, or chess, with no strategy?

Top 5 Qualities the Best Forex Traders Tend to Have

If you want to make it to the top as one of the forex industry’s most successful traders, you’ll need to learn to act...

Tell-Tale Signs You Need to Get a New Forex Broker

Are you here because your forex broker hasn’t been meeting your expectations lately? If so, then you don’t have to settle. New brokers open their doors every single day and hundreds of options have probably popped up since you first signed up for that old trading account. Finding a new broker can offer multiple benefits, from reduced fees to a wider selection of trading instruments, the chance to make extra money through bonuses, and more. If you’re seriously considering switching, then take a look at our list of tell-tale signs that you need to find a new forex broker.

The Ultimate Checklist for First-Time Forex Traders

Congratulations on your decision to become a forex trader! This self-made career path can really open the door to a lot of financial opportunities...

How Much Should You Be Spending on Forex Trading?

There’s a lot to figure out once you make the decision to become a forex trader. What broker to use, when and how to...

Is US Dollar Index Ready for a Rally?

The US Dollar Index reveals exhaustion signals of its bearish trend. A trend that remains in progress since the currency basket topped at 102.992 pm mid-March 2020. Follow with us what signs show the Greenback to expect a rally during the first quarter of the year.

These Small Changes Will Make a Huge Difference in Your Profits

It’s no secret that every single forex trader wants to make as much money as possible, otherwise, what’s the point? Even if you’re already...

Top 7 Biggest and Most Embarrassing Forex Blunders

When it comes to forex trading, there are a few factors that can make or break your career. Beginners are very prone to making...

EUR/CHF Global Macro Analysis – Part 3

EUR/CHF Exogenous Analysis The EU and Switzerland Current Account to GDP differential The ratio of the current account to GDP helps us determine the...

Tips for Avoiding Forex Burnout

Has forex trading left you feeling tired, frustrated, and just plain burnt out lately? Some might be under the impression that trading is an...

The Trading Log: Key Component for a Pro Trader

At forex.academy, we understand that a trading record is a decisive component to be successful in Forex. That's why we took the time to create a free trading log on an Excel Spreadsheet. It was designed to present all the needed information at a glance. Here we present its guide.

Market Profile Singles Indicator Review

Today we will examine the Market Profile Singles Indicator (we could also call it a single print indicator or gap indicator), which is available on the mql5.com market in metatrader4 and metatrader5 versions.

The Connection Between Crude Oil and the Climate Emergency

About ten thousand years ago in the world, there were about five million people; 9,000 years later, the figure was over 300 million. And...

Optimization Vs. Over Optimization

Today we discover the dangers of optimization: over-optimization. That’s the secret to making our system robust, consistent, and quite durable over time, or a...