It is quite obvious that your trading actions must be adapted to the session when you trade.
Tips for Traders
Information is not investment advice
Today we are going to explain a system which requires the usage of a moving average. It is a strategy developed by professional traders.
Trading in the Forex market incurs risks, thus you need to practice a lot and have a flexible intellect to perform there successfully.
Today we are going to discuss a strategy, which is widely known among traders.
If you prefer to be a more aggressive trader and earn money within a day, you will probably try trading on the H1 and H4 charts.
You may not know the type of analysis, which combines both fundamental and technical practices. This approach is called VSA (volume spread analysis).
Imagine, that you were trading in Forex and suddenly the news about large option expiry comes out. How should you react to this news and what does it mean for the Forex market?
Have you ever counted stars while looking for a constellation? In trading, you can do the same by looking at the charts and patterns.
Let’s find out what is scaling and how you need to apply it correctly to manage your risks.
In case you wondered, moving averages are not just some colorful lines on your chart. They may actually be a great tool used in your trading strategy.
It is not a secret that it is necessary to place stop losses when you trade. However, it is also important to understand how to place stop orders correctly.
In this article, we are going to introduce you to the so-called "currency cross pair". You will find out the special features of these pairs and learn how to trade them and to avoid mistakes.