I’ve learned everything there is to know about trading. Says no professional trader, ever. This is something I teach to …
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.
A chartbook can make or break your trading
Keeping a chartbook of trades you have taken might seem like such a random thing to do. A nice to …
The 10 step game plan for forex trading success
Trading is the hardest way to make easy money. I love this quote. If trading was easy, everyone would be …
Should you close trades before the weekend?
It’s Friday. TGIF! You already have a drink in your hand and ready for some weekend activities, but you still …
How Professional Traders Read ISM Data to Predict Currency Movements
The ISM Manufacturing Index is a cornerstone of forex trading, offering critical insights into global economic activity and influencing currency …
Trading routines: build the habits of top traders
I went from being a bad trader to a good trader after changing this thing only. Afterwards, I couldn’t believe …
Use the 5 Whys to become a better trader
A while ago, I read an excellent book called The Lean Startup by Eric Ries. The Lean Startup describes a …
How to Use the Producer Price Index (PPI) in Forex Trading
The Producer Price Index (PPI) is a critical economic indicator that forex traders use to gauge inflation trends and predict …
Understanding Quantitative Tightening: How Central Banks Control Inflation and Economic Growth
Quantitative tightening (QT) is a powerful yet often misunderstood monetary policy tool used by central banks to reduce the money …
Compound Interest Calculator for Forex and Stock Traders and Investors
If you are into the stock or Forex market investment, you might have often heard about the term compound interest or …
Forex tick charts and why you shouldn’t use them
Once you’ve been trading for a while, you might have come across forex tick charts. The tick charts are usually …
Understanding the Over the Counter Trading (OTC) in Forex Market
Most of us trading in the forex market know that transactions happen over the counter, but generally we are so …
How Do Liquidity Providers Make Money and Are They Market Makers?
I’ve already talked about the difference of the true and false or fake ECN/STP brokers. Make sure not to miss …
How to Identify True vs. Fake ECN/STP Brokers
Since many people trade online, traders have continuously expanded their knowledge and expertise. Years ago, many traders would have struggled …
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 …
How GDP Data Influences Forex Trading?
Gross Domestic Product (GDP) is one of the most critical economic indicators in the forex market. For forex traders, understanding …
Deliberate Practice in Trading
“You just need more chart time“. I hear this advice all the time. My take on this? Yes and no. …
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 …
What Are Safe-Haven Assets? Your Go-To Guide for Trading Safely in Volatile Markets
In the unpredictable world of financial markets, safe-haven assets serve as a shield against economic turbulence. These assets are the …
LIBOR and Its Importance in Forex Market
The financial markets are overflowing with jargons and acronyms and certain times you might feel overwhelmed by the steady flow …
How to Trade Double Top Pattern in Forex Trading
Mastering the double top pattern can significantly enhance a trader’s technical analysis toolbox. This versatile pattern is widely applicable, whether …
