The forex or foreign exchange market is unlike any other financial arena, with its unique 24/5 trading schedule, razor-thin margins for profits or losses, and constant information overload from global events affecting currency relationships. Due to this complexity as well as opportunities for around-the-clock trading without barriers to entry, forex attracts many new participants each …
As cryptocurrencies have grown into a multi-billion dollar asset class, many traders have turned to technical analysis to try and profit from crypto price movements. One popular approach is breakout trading, which involves attempting to identify when a crypto breaks above or below a defined price range. This article will explore how traders can use …
Day trading is a high-risk strategy that involves opening and closing positions within the same trading day. By seeking to profit from short-term price fluctuations, day traders must have precise entry and exit skills as well as the ability to analyze technical indicators. This article examines whether the highly liquid EUR/USD currency pair can be …
The USD/JPY currency pair offers traders significant potential to profit from short to medium-term price swings through swing trading strategies. This article will cover the basics of swing trading USD/JPY, including technical and fundamental factors to analyze, trade setup identification, effective risk management, and position execution techniques. By the end, you’ll have a solid framework …
This article explores how traders can effectively utilize the Allpips platform to profit from movement in the Aussie dollar versus the US dollar. Key topics covered include tools for technical analysis, strategies like day trading breakouts or swing positions, risk management techniques, order execution, and utilizing Allpips for both short and long-term to trade AUD/USD. …
Breakout trading is a momentum-based strategy that focuses on capitalizing on large movements in asset prices after they decisively break above resistance levels or below support levels. In this article, we will discuss the key elements of executing a successful breakout trading strategy. By outlining the full methodology, from spotting breakout opportunities to managing trade …
Range trading in forex offers traders an alternative to traditional trend-following strategies by capitalizing on short-term price movements within an established trading range. This article will explore the key aspects of this approach and how it can be a profitable option in sideways markets. What is Range Trading in Forex? Range trading in forex refers …
Position trading allows ambitious investors to surf the mega-swells of the market’s biggest trends. In this article, we’ll uncover the tactics of position traders who time the market like clockwork, hanging on for multisession gains as prices break out to new highs and lows. But it’s not all smooth sailing – we’ll also look at …
What is Position Trading? How To Use Position Trading Read More »
What is a Forex Trend? This article provides an in-depth look at trends – one of the most important concepts in forex trading. It explores how trends are defined and identified, examines factors like strength and momentum, and analyzes how geopolitical and economic events can impact trends. Understanding trends allows traders to discover trading opportunities …
The global stock market and the foreign exchange (forex) market offer opportunities to traders and investors worldwide. Although both deal with tradable assets that have the potential to yield earnings, there are significant structural distinctions between the underlying workings of the equity and currency markets. This article will look at and compare a number of …
Forex Versus The Stock Market | The Main Differences Read More »
