Trading Education: Forex trading explanation from the experts

My favorite part is definitely the actual market education. One thing I will say your zones have taught me, is having no emotions attached to trading. Your trading plan is your guide to developing your potentially winning trading strategy. From your ...

Above you can see the 5-minute chart of the EUR/USD for February 7, 2017. The chart includes the ZigZag indicator expressed by the straight red lines on the chart. the vertical distance between the Head and the Neck Line applied starting from the mom...

They indicate that a trend is likely to continue in a particular direction. Three white soldiers signify the continuation of an uptrend. Three black crows signify the continuation of a downtrend. The hammer and inverted hammer are close cousins of th...

Consensus economists had expected private employers added back 1.2 million payrolls, after an upwardly revised 4.3 million additions in June. Government jobs rose by 301,000 in July, after an increase of 54,000 in June. Knoema, an Eldridge business, ...

These emotional swings in traders can be shown through patterns that we will dig deeper into later. Now that you know what a bullish engulfing pattern is, you can probably deduce what a bearish engulfing pattern is. If you guessed that a bearish engu...

Candlesticks originated from Japanese rice merchants and traders to track market prices and daily momentum hundreds of years before becoming popularized in the United States. Three inside up and three inside down are three-candle reversal patterns....

Now, you can easily find the latest updates or news on the trading platform. Often, new traders face a dilemma to choose the right broker. All traders need to choose a broker because it will work like a bridge in the financial market. It is always go...

Their potency decreases rapidly three to five bars after the pattern has completed. They only work within the limitations of the chart being reviewed, whether intraday, daily, weekly or monthly....

A trend comes as a powerful move that indicates the direction. What's more, it has a great impact on the price and pushes it to higher or lower levels within a specific timeframe....

When you finish reading this article, you will know the 5 reasons why day traders love using them for entering and exiting positions. The information listed in this article can be included as a part of your overall trading plan....