With an endless stream of books available to choose from, it’s often difficult to decide which text will prove most fruitful. Is there one book that has all the answers – a book that confronts all elements of forex trading? To knowledge, covering each aspect in detail is beyond the scope of one book, and … Continue reading 5 Must Read Books for Any Aspiring Forex Trader
Updated August 2020 While it’s true the foreign exchange (Forex or FX) market operates 24 hours a day, five days a week, it’s not constantly active. Understanding when liquidity is likely to enter the market helps traders determine the optimal time to trade. Liquidity and Trading Sessions The Forex market is the largest financial market … Continue reading Liquidity and Trading Sessions: Is There a Best Time to Trade?
In the right hands, moving averages (MAs) are an exceedingly influential approach. Statisticians categorise moving averages as part of a family of tools for time series analysis. Technical analysts employ moving averages to smooth data over time, allowing a clearer interpretation of the underlying trend. Moving averages are particularly potent in markets that have a … Continue reading Moving averages explained
Employed by traders and investors globally, Fibonacci analysis helps identify future price movements within the framework of technical analysis. Arguably the most talented western mathematician of the middle ages was Leonardo Pisano – also known as Leonardo of Pisa or Fibonacci – the gentleman who unearthed Fibonacci relationships. The Fibonacci sequence 0, 1, 1, 2, … Continue reading Using Fibonacci levels in Your Trading
Updated April 2020 Although at times trading may seem like banging one’s head against a wall, there is light at the end of the tunnel. There are traders – some legendary and some unheard of – extracting money out of the markets on a consistent basis. The question then arises, what can you learn from … Continue reading What Can We Learn From Successful Traders?
