Category Forex

5 Forex Mistakes You Should Never Make

5 Forex Mistakes You Should Never Make

Even if you’ve progressed past the beginner trader stage and are improving your trades, you may still be making the same mistakes. Of course, the number of these mistakes should be decreasing, but emotions can sometimes overpower the mind and…

Forex Trading Vs. Binary Options Trading

Forex Trading Vs. Binary Options Trading

The two most popular forms of trading are forex and binary options. Each one has its own set of advantages and disadvantages. The former has a lower risk and a higher payout, while the latter has a low risk but…

How to trade pullbacks with with hidden divergences

Learn How to trade pullbacks with with hidden divergences. Traders frequently use divergence to determine the optimum times to enter trading positions. What is divergence, what are the many sorts of divergences, and how do you trade them? In today’s…

How to use the McGinley Dynamic Indicator

McGinley Dynamic is a term for an indicator created by John R. McGinley in the 1990s. He holds the designation of Chartered Market Technician. He was developing an indicator that would respond to shifting market conditions automatically. The McGinley Dynamic…

Forex chart types explained

There are 3 forex charts namely line charts, bar charts and most widely used Japanese candlesticks. Line Charts A line chart can be used to illustrate price change. You can as well use line charts to analyze price movement. However,…

How to use the Rebound line Strategy

Line rebounding is a graphical pattern that attempts to capture a price that is unable to break through support or resistance levels. Many traders feel the price upward dynamic has ended when the price reaches the level of resistance and…

How to trade Divergences – full guide

The primary responsibility of a trader is to observe price fluctuations and then enter into a trade based on those findings. On occasion, a significant trend can be seen on the price chart, indicating that the situation is clear. However,…