Education

Using forex signals to your advantage Unless you are already a full-time trader, or unable to access a computer 24 hours a day, it’s difficult to trade forex on a part-time basis. Many forex brokers and independent companies have developed trading systems that offer forex signals telling the user when to buy and sell. Take
A look at the simpler things you can do to help your trading Trading like anything else is about practice, reps, routine, and goals. Without any or all of these things it is difficult to be successful in your trading. Complicating this process slightly is the influence of other factors as well, namely emotions, a
A look into the more familiar patterns on the chart This article was submitted by ICM.com. Technical analysis is a type of analysis which is applied by traders on different financial assets, where they study the past price performance of a certain financial asset to forecast the future price direction or trend of this asset. There
For many newer traders, foreign exchange (FX) can seem a bit overwhelming at first glance. Given the complexity of the data or charts, it is not always clear what the best tools or patterns are to use in your trading. Indeed, figuring out the optimal indicators for your strategy and trading goals can take years
Looking at the ways one can take in order to look past the ‘noise’ When it’s too noisy, you often can’t make out what you want to hear. You may get confused and do something wrong. The same thing can happen when you trade currencies as technical analysis can be complicated by the so-called ‘market
Understand the mood of the market Emotions are the key to understanding financial markets. However, it’s tough to make rational decisions based on them. Even if you think you read your emotions or other peoples emotions, you may get lost in trying to comprehend the feelings of the crowd. And the market sentiment is the
The know hows on dealing with slower trading periods Lulls in trading can present just as much challenges as periods of great movement and volatility. During quieter intervals however, ranges can be smaller due to the reduced volatility with many institutional traders away from their desks – what is the overall impact of this on
Instaforex: Any trade, whether experienced or a novice, hopes for good luck Any trader, whether an experienced guru or a novice, hopes for good luck. A trader is a profession that involves continuous movement, opening and closing of positions. Do you know that sharks must move throughout their lifetime in order to ensure the blood
A look at the common mistakes that most traders tend to encounter Everyone makes mistakes, that’s why they put erasers on pencils. That being said, the potential to make mistakes in your trading is manifold, and it’s important to familiarize oneself with the most common different issues faced by individuals. There is a fallacy of
A couple of pointers on the basics of technical analysis Trading requires a wide range of skills, which sometimes can range from simple techniques to complex patterns. Being able to identify both support and resistance prices trends more towards the former, though this is no less important for any respective trading strategy. At first glance,
Major financials traditionally start the earnings season Next week, the earnings season starts with the traditional bank earnings highlighting the calendar.  Citigroup, JPMorgan, Charles Schwab, Bank of America, Bank of New York, PNC Financial, American Express and Goldman Sachs are all scheduled to release. Below is the schedule of major releases over the next 3
A look at the different factors influencing the number of trades one makes ForexLive Well, how often should I expect to trade? One question that many beginner traders ask is, ‘How many trades should I take each month?’ It is obvious why it is asked as traders are trying to calculate what their potential gains
Up $0.55 or 1.18% The price of crude oil futures are settling at $47.09. today.  That is higher by $0.50 or 1.1%. The high for the day reached $47.49. The low extended down to $45.35 Technically, looking at the hourly chart below the price action has been up and down in trading today. At the
A look at one of the most used tools in a trader’s trading arsenal A moving average is a simple tool that traders use for different purposes. The main advantage is that it makes trading smoother and if used correctly, can lead to favorable trading results. A simple moving average is calculated by adding the