How to use Pivot points in Forex trading? The strategy.
We are going to show you the way we trade Forex using Pivot points.
We calculate Pivot points on daily basis using daily charts ...
Fibonacci method in Forex
Straight to the point:
Fibonacci Retracement Levels are:
0.382, 0.500, 0.618 — three the most important levels
Fibonacci retracement levels are used as support ...
The importance of short and long term goals in trading can not be stated clearly enough. Coming into the forex market you will be thinking all sorts of ideas like being able to make ...
The psychology of trading is as important as the trading system itself. If you do not suffer from the emotions of trading then you are either gifted or you have never built your trading ...
Risk/reward ratio is very important when trading over a long period of time. Many new traders coming into the forex market fall into the trap of refusing to let their winning trades ...
Brokers now offer micro lots which enable us to accurately use a certain percentage of our account on each trade, a micro lot is 0.10c a pip giving us far more flexibility especially ...
As you will have no doubt seen on adverts, forex brokers offer a commission free trading solution. However this does not mean you trade for free, instead they give you a spread on the ...
Stops are orders set to close your positions if the trade goes against you by the amount of pips you stipulate. I want to take a minute to talk about stops as this is something I see ...
Leverage is one of the reasons many traders come into the forex market and the reason many traders leave without any money left in their account, many brokers including my own offer ...
The foreign exchange market is the “place” where currencies are traded. Currency exchanges are important to everyone all over the world whether they realise it or not. Any ...