Fundamental Trading Vs Technical Trading
For years now we, as traders, have the choice to either become fundamental or technical traders. Some traders do trade both ways but the majority tend to pick one out of the bunch and stick to it. This choice then becomes a staple way of their success to a level where they end up completely dismissing the other option.How To Identify a Good Forex Trading Course and Why You Need to Learn To Trade
A Forex trading course is designed to take you from being a novice, with no experience in the Forex markets, to becoming a consistent and profitable Forex trader. Learning how to trade isn’t going to happen overnight, it requires time and experience to master trading strategies. When looking for a Forex training course it is easy to get confused with the number of offerings that are out there. Whilst there are many Forex training opportunities out there, many do not offer a few essential requirements that make a good Forex training course. As a result, I have highlighted 3 key areas that are important consider when choosing the right Forex training course to learn how to trade Forex.Fraudulent Schemes in Forex – 10 Ways of Detecting Them
Fraudulent schemes in Forex has been on the rise for years, and lots of traders have been target of these schemes unknowingly. The methods being deployed by these fraudulent schemes have become dynamic in this current era. However extensive research has revealed their secrets, tricks, and patterns. These 10 secrets would help you to detect these fraudulent schemes.Forex Trading – Understanding the Dangerous Schemes in Forex
Forex Trading has high potentials for income generation as well as inherent risks to the trader. The enormous returns from Forex Trading per day has made it alluring to fraudulent schemes targeted at Forex traders who are most times unaware. Understanding these schemes is the first step of protecting yourself from loss in Forex.How To Read a Candlestick Chart
Data is represented by using different graphical interpretations such as line charts, bar charts and candlestick charts. They are widely used in practice because they allow traders to work with ‘Price Action Theory’. Depending on what sort of a pattern it forms, candlestick charts predict the direction a current pair would possibly move in, with the reversal pattern, in a given time-frame. The two main candlestick patterns which have been followed closely by traders are the Bullish Hammer and Hanging Man and the Inverted Hammer and Shooting Star.