Effective Exit Methods Every Forex Trader Should Master Traditional Stop/Limit Orders Based on Support and Resistance Dynamic Trailing Stops Using …
Category: Education
If you are new to Forex, Beginner, Intermediate or even Professional Traders, Prof Fx Education section is the right place to stop. Learn forex trading with our free online forex education guide and tips.
How Personality Shapes Your Trading Success
The trading style a trader chooses often reflects their individual personality, mindset, and daily lifestyle. Before adopting a trading strategy …
My 6 Step Trade Entry Process Explained
Last week, I tweeted what I see as my trade entry process. This was the tweet: For every trade, I …
From Trading Hypothesis To Trading Strategy
How do you know that your trading strategy really works? If it took you more than 2 seconds to answer …
Get To Know Your Forex Charts
I often get questions from traders to check a chart they took a screenshot from. The first thing I do …
How To Find Ways That Will Help You Increase Patience
Much has been written on why we need to be patient in trading. Be patient to wait for setups. Be …
Understanding Psychological Levels and Round Numbers in Forex Trading
In the ever-dynamic world of forex trading, certain price levels naturally capture traders’ attention. These pivotal points, often referred to …
Top 5 Reasons Backtesting Is The Ultimate Skill
“I’m close to going live with my system! It works perfectly!” – “Great! Have you backtested your system?” “What’s backtesting?” …
Top 3 Triangle Patterns Forex Traders Must Know
Triangle patterns come in three main variations and are a common sight in the forex market. These patterns provide traders …
3 Ways For A Fresh Look at The Forex Price Charts
As traders, we create and settle in trading routines. They help us with building good trading practices and let us …
Using RSI divergence like a Professional Trader
Users who have been following my weekly outlook for a while, know that I often talk about RSI divergence. It …
How to Use Trendline Support or Resistance for Effective Forex Trading Entries
When approaching any trading scenario, the first crucial step is determining the best direction to trade a currency pair for …
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 …
Understanding How to Calculate Economic Growth Rate Formula
Understanding How to Calculate Economic Growth Rate Formula Knowing how to calculate economic growth rate formula is crucial for economists, …
How to Use Andrews’ Pitchfork to Follow the Price Channels and Trends
The technical analysis space amidst the scope of the market trade is wrought with innumerable options to track the market …
Understanding Popular Moving Averages in Forex and How to Effectively Use Them
A Closer Look at Simple Moving Averages (SMA) Moving averages are among the most widely used tools in forex trading …
How to Use Trend Line Support and Resistance for Identifying Buy and Sell Signals
In the first part of our series on trading support and resistance, we explored the significance of these levels in …
How to Use Trendlines in Forex Trading for Better Market Analysis
Support and resistance levels are among the most widely utilized technical tools in the Forex market. These pivotal charting points …
NFP and Forex Fundamental Strategies: What is Non-Farm Payroll and How to Profit from It
What is the NFP? The Non-Farm Payroll (NFP) report is one of the most critical economic indicators for the U.S. …
The Art of Cutting Losses & Letting Winners Run
For years, I was losing money because I didn’t get it. Not really. You hear it everywhere, it’s probably the …
How to create a new forex trading strategy
When people are looking for a new forex trading strategy, what they really want to know is: How do I …
