In this article, we will learn about support and resistance levels. What the support and resistance levels tell us about potential future movements of the market. As we already know that just like anything where market prices stalled in the past. The value of a currency pair in the Forex… Read More »What is Support and Resistance Levels in Forex Market
The Fundamental Analysis and Technical Analysis are two main kinds of analysis. The traders used to determine when and where to enter as well as stops the trades in the Forex market. Fundamental Analysis Fundamental Analysis looks at the Country Inflation, Gross Domestic Product, Trade Balance, Increasing in Jobs, Central… Read More »Introduction to Technical Analysis
USDCAD Trade Setup for 06 December 2017, according to my Price Action Analysis this pair showing signs of a potential long Reversal trade on the daily time frame. Therefore, keep this pair under consideration if you can get an excellent opportunity for long reversal trade.
Bollinger Bands is a technical indicator that helps the traders to measure the volatility in the market and compare current prices to past prices. It consists of three bands which known as the upper, the lower and the center band. The central band contains Simple Moving Average (SMA) which sets… Read More »The Bollinger Bands Indicator and how to work it
The Average Directional Index (ADX) indicator used to measure the strength of a trend in the market. It is also useful to determine when the trend is strong or weak. The Average Directional Index (ADX) indicator helps the traders when a trend may be about to start or reverse. How… Read More »The Average Directional Index (ADX) indicator
Newbie Forex Traders always ask me a question, what is the best time frames for analyzing the Candlestick charts. Forex Brokers provide us various time frames from one minute to MN. Meta Trader-5 gives us some extra feature regarding time frames. Through this article, I am trying to convince the… Read More »I Love Daily Time Frames for Forex Trading, Do you?
We learn about another indicator called the Parabolic Stop and Reversal which more commonly known as Parabolic SAR. The Parabolic SAR is also trend following indicator which developed by J. Welles Wilder. It helps the traders enter and manage trades when we are trading with the trending market. How to Work Parabolic… Read More »The Parabolic SAR Indicator
In my last article, I explained the advantages and disadvantages of the second most famous type the swing trading. In this article, we learn about the third and final category of trading which is position/ trend trading. Position/Trend Trading Position Trading is also known as trend trading. It involves taking… Read More »What is Trend Trading Advantages and Disadvantages
In my last article, I explained regarding the three main types of traders which are the Day Traders, Swing Traders, and Trend / Position Traders. We learned about the advantages and disadvantages of the most famous category of traders which is day traders. In this article, we are going to… Read More »What is Swing Traders Advantages and Disadvantages
What is Day Traders trough this article I try to answer this question? There are several different types of trading which are used by Forex traders to execute trades in the market. These styles of trading divide into the following three categories : Day Trading Swing Trading Trend Trading Day Traders … Read More »What is Day Traders and Advantages & Disadvantages