Forex Trading Tips

When you give a first glance at the Ichimoku indicator, it may hurt your eye. Just take a look at the picture below. Let these sharp lines and stripes not scare you! In this...

The stock market is full of various indices. Nasdaq is just one of them. But why is it so popular among traders? What makes it so special? Lets find out.

We often see how novice traders struggle to find any decent sources of information. Of course, the first thing we always recommend you to do is to check out Forex news and analytical materials. At the same time, if you have registered your account and successfully downloaded Metatrader, you already halfway to productive results. Today, you will learn how to see and to use the hidden tools of MetaTrader. This guide is especially useful if you like to trade on the news.

In this article, we will discuss what the term confluence means and why traders should care about it. What is confluence? Originally, the word confluence means a place where ...

In this article, youll know which currency pairs are the most popular among traders, and what every trader should know about them.

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...