Category Archives: Forex Basics
Support and Resistance: How To Trade Them In The Forex
Treat Support Resistance Level Understanding is the basic requirement we should have to do the thing right in every field of our lives. With our good understanding, we would be able to make good plans and precise actions. Our anticipation would be more effective too once we catch the understanding on our hands. To develop […]
Forex Basics – The ABCs of Forex Trading
Forex Basics Ever wonder what all those numbers mean at your broker’s website? Don’t worry, we will explain everything in grueling detail for the very beginner. Let’s begin to learn more about forex basics. Instrument And Variable What is a currency pair? Unlike stocks, foreign exchange allows one to buy one currency in exchange for […]
Candlestick Basics Knowledge That Made Trading Easy
Forex Candlestick Basics I think every trader should back to basics again on reading and understanding forex candlestick basics strategy or candlestick patterns. Candlestick charts are a popular component of technical analysis, enabling traders to interpret price information quickly and from just a few price bars. They summarize a period’s trading action by visualizing four […]
Recognize Reversal And Retracement
Filtering Reversal Or Retracement If you can easily distinguish between retracement or reversal then it is not impossible if you can make easy profits in your trading. In a simple easily understood Reversal of Meaning = reversal (change of trend). While retracement means the temporary reversal or a temporary reversal. You could say a retracement […]
Profiting From Support and Resistance In The Forex Market
Definition Of Support Resistance The beauty of support and resistance lies in its simplicity. Its validity has been tested over and over again throughout history and remains one of the most widely used analysis tools of all time. It works because it is based on simple crowd psychology. And as much as we don’t like […]