Forex Weekly Outlook- 07 June 2021 to 11 June, 2021
The global financial market is facing a broader US Dollar weakness where the recent Non-Farm Payroll boosting the momentum. Therefore, the momentum may continue this week where the US Dollar weakness is focused on by many traders’. Let’s have a look at possible price direction from The Forex Secret technical analysis. Last week, US Non-Farm […]
Forex Weekly Outlook- 31 May 2021 to 04 June, 2021
The forex market is shifting the trading environment from one month to another month. Therefore we may expect a lot of volatility and counter pressure during the week. Moreover among fundamental releases there is any important not prepared report on Friday that may set a direction for the price. Another way is the price may […]
TOP 5 FOREX TRADING BOOKS YOU SHOULD READ
A trader should have the tendency to gain knowledge on every part of the trading career to be successful in the Forex market. Therefore, the best way to gain knowledge is by reading books. In this article, we will see the top 5 trading books to read. In the Forex market, traders may face difficulties […]
What is The Forex Trading Strategy? How to Create a Forex Strategy?
Developing a forex trading strategy is a process to anticipate the price movement of a currency pair based on previously set price sentiment. When investors try to anticipate the price movement, they should do a lot of pre-workouts with the price. One of the best trading strategies is based on technical analysis. Moreover, there is […]
Importance Of Considering Time Frame in Forex Trading
Finding the right time frame is one cause. Beginner traders don’t do well, and they should be because they are trading in an inaccurate time frame. Most of the new traders want to make easy money; so, they usually start trading in smaller time frames from 1-minute to 5-minute. At one point, they become disappointed […]
Does Forex Compounding Strategy Actually Work?
The forex market or foreign exchange market is basically a network of currency buyers and sellers. If you have ever traveled outside your country, then you should have to exchange your own currency with another country’s currency. From the forex market people, companies, and big banks buy and sell their home currencies with foreign currencies. […]
Understand Top 15 Candlestick Patterns for Day Trading
BEST CANDLESTICK PATTERNS FOR DAY-TRADING When you will start to learn forex trading techniques and analysis, you will find out about candlestick patterns. I am assuming you all know about Candles. If not read our post “What is Bears, Bulls & Candles? Forex Fundamentals.” So, let’s start with the Candlestick Patterns. You will find several […]
What is the Forex Trading Strategy and why it is important?
In the Forex market, a trading strategy is crucial. Unless of a trading strategy, it is impossible to make a consistent profit. The Forex market is the world’s biggest financial market, where most of the market participants are playing with millions of dollars. Therefore, as a retail trader, it is challenging to sustain hair unless […]
Swing Trading vs Day Trading: Which One You Should Choose?
There are many Forex trading strategies in the world from which traders should choose a trading strategy that suits their personality. However, many traders become confused when choosing a strategy from Day trading vs Swing trading. Every trading strategy in the world is created to make a profit from a specific trading instrument. Therefore the […]
