4 Reasons Why Many Traders Fail In Forex Trading
For you to be successful in Forex trading you need to focus on the chart, economic calendar and any other information that might affect the price of the pair that you are trading. The price chart is your most important friend as it contains all the information that you need to make the right trading decisions. You should always pay close attention. To itUnderstanding 3 Of The Most Common Forex Indicators
Indicators are technical analysis tools that help you in understanding the movement of Forex prices. The indicators are usually created using a given formula thus they are accurate in their working. There are many types of indicators in the market. Some of the notable ones are:4 Common Forex Chart Patterns And What They Mean
Charts are very important in Forex trading as they help you in understanding the market better. Charts have many types of patterns that help you to understand the market even better. The most common types of patterns are:Understanding Forex Technical Analysis
In the world of foreign exchange, you will probably hear about technical analysis. Technical analysis is just what the phrase means: you analyze and study the data with very technical or scientific means. You do not just give your own opinion, but you look at facts, study them, and then use them in formulas that can lead you to the result that you want.FX 101: Why Do Currency Exchange Rates Change?
FX 101 breaks down the world of currency exchange, from the fundamental to the complex. Here, we’ll take a look at 10 factors that affect currency exchange rates.