The ascending triangle pattern, often referred to as a rising triangle, is one of the most reliable bullish continuation patterns ….
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.
Opening Range Breakout Strategy: A Guide for Building Bias and Managing Risk
Key Concepts Discussed in This Guide Understanding what the opening range represents in financial markets Why the opening range bias ….
Who Are The Top Richest Forex Traders in The World?
The richest forex traders are surely the people we should look up to. But besides knowing and admiring them, we can actually ….
Forex Market: Market Size and Liquidity of Different Currencies
Forex (foreign exchange) is a financial giant, reigning as the largest market globally! With an estimated market size of around ….
Understanding Fear and Greed: The Psychological Architecture of Trading
Introduction: Why Fear and Greed Matter in Forex Trading In the foreign exchange market – one of the most liquid ….
12 Types Of Technical Analysis You Need to Know
It’s beneficial to understand the basics of technical analysis. It’s a help for reading the behaviour of the majority of short term market participants. Types ….
What are Cross Currency Pairs and How to Trade them?
Did you know you can trade currency pairs without involving the US dollar? Step into the realm of “Cross Currency ….
The Most Traded Currency Pairs in Forex Market
As you know, the Forex currency market is based on the buying and selling of currencies of certain countries. It ….
Speculative Trading: Why Do Investors Speculate On Forex Currencies?
If you buy a piece of property that actually has gold, your investment could really pay off big time. But ….
Understanding Overbought and Oversold Conditions in Forex Trading
When something is “overdone” in everyday life – like food in the oven or an engine overheating – our instinctive ….
Best Professional Forex Trading Exit Strategies: How to Close Winning Trades with Discipline
Effective Exit Methods Every Forex Trader Should Master Traditional Stop/Limit Orders Based on Support and Resistance Dynamic Trailing Stops Using ….
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 ….