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Naked-Trading
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Many traders will look at the economic news releases, the currency charts, or both when assessing whether a currency...
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After working a trading business plan, the prospective trader by now has a very strong justification for trading,...
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1-2-3 SignalThis is,without dubt,one of the very best chart set up patterns you will ever see.Once you train your...
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In order to make a profit on a trade, you need to ‘beat the spread’ – meaning that the price has to move in your...
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The forex market is one of the most volatile trading environments around, and this coupled with the high levels...
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Yesterday, we explained what the US Dollar Index is, and how it is calculated. Because it’s an average of various...
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One of the keys to success as a forex trader is to adopt good trading habits. Here are five habits that I feel...
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Double tops and double bottoms are classic reversal patterns, and they are especially common in charts with shorter...
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In the last part, we looked at an example of how the Elliott Wave Theory could be used in a practical trading situation....
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Based on the work of sociologists William Thomas and Robert K Merton, and later the work of philosopher Karl Popper,...
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Momentum Indicators
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There’s a time and a place for going with your gut instinct. Deciding on whether to accept a marriage proposal...
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Your daily routine in the pre-market hours sets the stage for the rest of the trading day. Gathering usable information,...
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In the previous lesson, we looked at how you can scale out of trades to lock in profits and reduce the risk attached...
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One of the most commonly-heard pieces of advice for novice traders is to work out a strategy using demo mode and/or...
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There is no getting away from it, forex trading is a risky business. While there is the potential to make a lot...
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Let’s face it, it’s always hard to deal with failure. But, all things being equal, it’s much easier to deal with...
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If you draw a parallel line on the other side of the waveform to a trend line, you create a channel. Channels form...
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One of the golden rules of investing is that you should always have a degree of diversity in your portfolio. The...
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If you are incredibly patient, and have a strong understanding of market fundamentals, then you might want to consider...
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One of the most commonly-asked questions among novice traders is “Should I use technical or fundamental analysis?”....
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[You must be registered and logged in to see this image.]It’s often written in the small print of anything forex-related...
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There are over 190 tradable currencies in the world, but the vast majority of currency trades involve just a handful...
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Part1Who is Fibonacci? He was a very famous 12th centurymathematician; credited with, among other things, bringing...
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[You must be registered and logged in to see this image.]As intra-day traders, it would be better for us if the...
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Volatility can be a factor in equities markets, but is far more prevalent and therefore important when trading...
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Wishful thinking can be a great thing in the right context. However, for a forex trader, it’s suicide. Yet, many...
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In the previous installment of this series, we looked at using Fibonacci extensions to set take profit orders....
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One of the keys to success when trading forex is to know why the market is moving in a certain way, and to be able...
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As we mentioned previously, Elliott waves are fractals, with each wave being made up of lots of smaller versions...
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[You must be registered and logged in to see this image.]Most forex trades are anonymous, unremarkable transactions,...
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Working on Forex, you should know that any currency’s price is influenced by various economic factors. Also, the...
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Swing trading a popular trading style among part-time traders, because it requires less of a time commitment than...
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If you are reading this article, you have certainly heard about Forex. Nowadays, Forex is the youngest foreign...
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To make money on the currency market, a beginner trader should learn to analyze the forex market and work out their...
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In a market such as the Forex market, where it is much easier to lose money than it is to make it, you sometimes...
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What is KYC? In order to go into the full details of KYC, it is first important that you understand the phrase...
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Known as the Wholesale Price Index from the time of its inception till the late 1970s, the Producer Price Index...
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Mentioned below are some of the most common terms used in the Forex trading market:Ask PriceAlso known as the Offer...
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Explaining Volatility
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When you talk about investment strategies and the theories on which those strategies are based, then you will run...
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In the world of trading, the new buzzword is “social trading”. This concept applies to traders who are new to trading...
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One of the keys to success when trading forex is to have a plan of action in place, and have the discipline to...
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In order to consistently profit in the Forex market you need a trading method allows you take advantage of ever-changing...
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