Forex Trading Tips

Intro Normally, when we set resistance or support levels, we search for previous lows or highs to do that. For instance, on the H4 chart below, GBP/USD has been revolving around...

We all know how you love scalping, right? This trading approach helps you to take advantage out of trading on small (less than 1 hour) timeframes. In this article, we will introduc...

This article will describe a strategy called HHLL. You might have seen similar strategies with other names as this one is based on classic forex principles. The great part of it is that you dont need to use any indicators. The main point is to follow the price action. However, some indicators still can be helpful for better visualization. Besides, feel free to add anything you want to this strategy, personalize it to your liking! By the end, you can even come up with a new, your own strategy, which suits your trading approach and vision.

A shooting star pattern is really popular among traders because of its simplicity and effectiveness. Elsewhere, this pattern has a significant advantage it occurs on the charts quite often, so it wont take too much time to find it. In this article, we will discuss what the shooting star pattern is, how to recognize it, and how you can use it in your trading. Lets get started!

How many tools do you use in trading? What if we tell you that there is an effective trading system that requires nothing but candlestick patterns? This approach is called price action, and it is extremely popular among professional traders. Let us find out what are the basic elements of price action and what you need to master to trade this system.

This article will introduce one of the most powerful market concepts retracement and show how to operate it at full potential. Retracement is a temporary price movement against the established trend. Why is it so important for a trader? Retracement levels are ideal for defining where to enter the market safely and place a Stop Loss order to minimize possible risks. Seems to be really useful, right? Lets find out together!

Currencies, gold or indices What to trade first? Youve already learned how to use some trading tools and strategies and when to enter/exit the market. However, you might be conf...

In a world full of information, we face new facts every day. Regular people usually observe the news without a single thought. At the same time, traders scroll headlines for opport...

If you are a good trader, then you know what to check first to get the fundamental knowledge about the markets. Everything begins...yes, thats right, from the FBS website. You chec...

How many times did you make a decision without even thinking about it? Lets face it too many. Among these decisions, there are probably a lot of those you regret. On the other hand...

Scalping may look like a scary word to a regular mind. Traders, in their turn, find a lot of hidden opportunities behind its meaning. In trading, you dont have to do anything with ...

The two sides There are different trading styles that result from different financial objectives set by each trader. Those who want to get quick profits by frequent small gains ...