Trading without clearly defined support and resistance levels is much like driving a car without a seatbelt. The risk is ….
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 to Identify Market Direction with the Aroon Indicator for More Accurate Trend
Finding the prevailing trend direction is one of the most essential—and often most challenging—tasks for any forex trader. Consider the ….
Identifying and Capturing Forex Trends Using the Guppy Multiple Moving Average (GMMA)
How the Guppy Indicator Reveals Market Momentum, Trend Strength, and Shifts in Trader Sentiment Introduction — Why Trend Identification Matters ….
New York Forex Session Trading Strategies Explained
Understanding the Importance of the New York Forex Session The New York forex session is widely recognized as one of ….
How to Trade the London Forex Session
The London trading session is widely recognized as the most influential period in the global forex market. According to data ….
How to Trade the Tokyo Forex Session Effectively
The Asian trading session – commonly referred to as the Tokyo session—is one of the most underestimated periods in the ….
Using Margin in Forex Trading: A Beginner’s Guide to Leverage, Risk, and Margin Calls
Using margin in forex trading is a new concept for many traders – and one that is often misunderstood. Put ….
Understanding Forex Spreads: What They Reveal About Market Conditions and Trading Costs
What Forex Spreads Tell Traders — Key Points Forex spreads are derived from the Bid and Ask prices of a ….
How to Trade Triangle Patterns in Forex
Understanding Triangle Patterns in Technical Analysis Triangle patterns are classic technical formations that appear when price action oscillates between support ….
How to Trade Forex Using Bollinger Bands Effectively
Introduction to Bollinger Bands® in Forex Trading Bollinger Bands® are one of the most widely used technical indicators across all ….
How to Trade a Bullish Flag Pattern in Forex
In forex trading, chart patterns play an important role in helping traders time entries, manage risk, and project profit targets. ….
Bearish Flag Pattern Trading Strategy Explained
The bearish flag pattern is one of the most commonly used trend continuation patterns in technical analysis. It helps traders ….
Double Bottom Chart Pattern Trading Guide
Very few chart patterns illustrate a clear shift in market direction as effectively as the double bottom pattern. This formation ….
How to Build a Profitable Trading Plan Step by Step
A trading plan is one of the most important tools a trader can develop, yet it is often overlooked – ….
Why Liquidity Plays a Critical Role in Forex Trading
Liquidity is often one of the first advantages that traders notice when entering the forex market. With an estimated daily ….
Guide to Understanding Forex Slippage and How It Impacts Trade Execution
What Is Slippage in Forex Trading? A Professional Explanation for New Traders Slippage is a natural and recurring phenomenon in ….
What Is a Margin Call in Forex Trading and How Traders Can Avoid It Effectively
Margin calls are among the most feared events in forex trading. Experienced traders go to great lengths to avoid them, ….
Breakout Trading Strategy Using Price Channels (Donchian Channels)
Breakout Trades and the Power of Price Channels Introduction: Why Price Channels Matter for Breakout Traders In professional forex trading, ….
Best Camarilla Pivot Trading Strategy for Forex Traders
The Camarilla Pivot Point is a highly practical technical indicator that helps traders identify key price levels, including potential entry ….
Understanding Fast vs. Slow Stochastics
How Stochastic Settings Reveal Market Momentum, Trend Alignment, and Entry Timing for Forex Traders Introduction — Why Forex Traders Must ….
How to Use MACD for Earlier Trade Entries: A Practical Technique for Forex Traders
Many forex traders appreciate the MACD indicator for its clarity and reliability, yet they often critique one specific aspect: its ….