With the unfortunate demise of the prop firm My Forex Funds, the issue of slippage has recently become a hot topic. This educational post takes a look at the slippery issue of slippage, beginning with the basics all the way to addressing popular theories and speculations about slippage. Something to remember is that every trader, regardless of expertise, will...
In forex trading, fundamental analysis looks at the outlook of a whole economy to determine the actual value of a currency. The value is then compared with the value of other currencies to assess whether it will strengthen or weaken relative to those currencies.
This post will further discuss how fundamental analysis is used in forex, what to look out for, and...
When done correctly, hedging is a great method to help protect your position(s) against big price fluctuations. This post will delve further into hedging and discuss how you can use it to not only protect your position(s) but also how to potentially use it to your advantage in turning losing positions into profit-taking opportunities.
What is hedging in Forex?...
Risk management is one of the key topics in forex trading that is not emphasised enough. Instead, there is too much emphasis on solely focusing on being on the right side of the market to consistently make money while ignoring proper risk management in the process. This post will completely debunk this, so after you have finished reading, you will hopefully have a...
Hey guys...
I'm tying to back test a strategy that I think might be beneficial for me, and I use vertical lines to count how many times I have been back testing so far. But I wanted to know if someone could create an indicator or at least tell me if its possible for me to see how many vertical lines I placed so far without having to count all of them. I feel like...
hi im new to this but i have been studying. this is my first attempt at technical annalysis looks like price action happining around close today maybe a surge? did i do this right? any guidence is much appreciated
Someone brought this to my attention in oil chat and decided to have a look myself and you really do get to see so many tradeable scalping opportunities.
Never bothered to look at oil this way before, but this is very insightful to me, thought I ought to share.
If you are a pattern trader, then you really ought to start analyzing market this way in my...
If market breaks out of channel, we should see some down side.
There may be one more leg up, which could serve to possibly form a double top.
For observational purposes only, trade at your own risk...
Market appears to be moving in a horizontal channel for a while now and we are nearing the top of channel.
Possible short set up coming up on this time frame.
Will try to update upon sell confirmation.
For observational purposes, trade at your own risk...
Are we going to see a break in channel to the downside yet?
Market in consolidation mode on channel line, could lead to one more rally up or a break from channel.
I am looking for a break downside as that is where the real profit is.
Keeping a close eye on this one...
For observational purposes, trade at your own risk...
Market looks to be near ready to break out of channel.
Few possibilities on how this will occur.
One to watch closely for a great sell opportunity.
For observational purposes only, trade at your own risk...
Market may be near reversing trend in my opinion.
Will keep an eye for when reversal has been confirmed & in action.
May take some time, so patience is key here as we may still see more upside beforehand.
Hence this is one market to watch closely for near future sell opportunity.
For observational purposes only, trade at your own risk.
Better view ...
