The phrase “the trend is your friend” remains one of the most enduring principles in forex trading. Its longevity is …
Author: Desmond Wong
Desmond Wong is a Singapore-based financial markets analyst and educator with deep expertise in retail forex, macroeconomics, and technical analysis. Starting his career in sales and business development, he later transitioned into market research, driven by a strong passion for economics and data-driven trading.
At Prof FX, Desmond writes research-focused content that helps traders understand market trends, interpret economic events, and make informed trading decisions. Known for his clarity and analytical depth, he delivers reliable insights grounded in years of hands-on industry experience.
Desmond remains committed to supporting traders through credible analysis, educational guidance, and practical market perspectives.
Beginner’s Guide to Trendline Analysis in Forex Trading
Trendline analysis is one of the most fundamental techniques in forex trading. It provides a structured and objective way to …
How to Trade Forex Ranges Effectively for Consistent Entries
Range trading is one of the most overlooked market conditions among newer retail traders. This often happens because many assume …
Major Commodities Explained: A Beginner’s Guide to Trading Gold, Oil, Natural Gas, and Agricultural Markets
Introduction: What Are Commodities and Why They Matter in Global Markets Commodities are raw materials or primary agricultural products that …
Trading Price Action Triangle Patterns Effectively
Why Triangle Patterns Matter in Ranging Markets Trading during ranging or congested market conditions can be particularly challenging. Price often …
Technical Indicators Explained: A Complete Guide to Using Forex Indicators
Technical indicators are chart-based analytical tools designed to help forex traders better understand, interpret, and respond to price movement. They …
Trendline: 3 Professional Traders Tips to Time Entries and Exits
Trendline trading is one of the most fundamental—and powerful—techniques used by technical forex traders. Trendlines can be applied to any …
Using Multi-Timeframe Analysis to Trade Strong Trends
Introduction: Building a Personal, Rule-Based Trading Strategy In professional forex trading, consistency comes from having a clear, repeatable trading strategy. …
Find The Best Forex Trading Platform For You
Over the last few years, the world has become increasingly interconnected, making Forex trading an important way to invest and …
Gold Surges Past $3,500 to Hit Intraday Record Amid Escalating Global Uncertainty
Gold prices notched a new intraday high above $3,500 per troy ounce, extending a powerful rally that has captivated global …
How CPI Data Drives Currency Prices and Shapes Your Trades
In the world of forex trading, understanding economic indicators is crucial for making informed decisions. One of the most significant …
Guide to Forex Price Action and Trendline Analysis for Beginners
Understanding Price Action and Its Role in Forex Trading Technical analysis involves interpreting the price chart to make informed trading …
5 Major Mistakes Forex Traders make and how to avoid them
In the fast-paced and ever-changing world of the Forex market, traders of all levels of experience can fall victim to …
Understanding Convergence and Divergence in Technical Analysis
In this article, we will take one step further and explore another key concept in financial trading known as convergence …
Emotions And Their Impact In Forex Trading
Emotions play a significant role in the world of Forex trading, influencing decision-making and overall performance. Many traders understand that …
Scalping, Day Trading, Swing Trading, And Position Trading Explained
Navigating the forex market can be a challenging endeavor for both novice and seasoned traders. Understanding various trading strategies is …
Best Forex Indicators for Swing Trading
There is no one profitable trading style or trading strategy when it comes to Forex trading. Every trader uses a …
Trading With Elliott Wave Theory
Elliott Wave Theory, introduced in the 1930s and named after its creator Ralph Nelson Elliott, is a widely known key …
Bearish Flag Pattern: What is it and how to use it on Forex trading
As a trader in the Forex market, one of the most critical skills you can possess is the ability to …
How Use William’s Alligator in Your Forex Strategy
In the previous articles, we have covered Moving averages and Trend lines. The ‘Alligator’ Indicator covered in this blog is a mix …
Understanding and Using Fibonacci Retracement in Trading
Fibonacci Retracements is one of the widely used tools by traders for technical analysis. Principally, the tool helps in identifying …
