8 Scenarios After an Elliott Wave Impulse Pattern Completes
The Elliott wave impulse pattern is a foundational pattern of Elliott Wave Theory. Ralph Nelson Elliott discovered back in the 1930s that the market moved in waves of five and three legs. These five and three wave patterns make up...
Forex Correlation: Using Currency Correlation in Forex Trading
What is currency correlation? Currency correlation, or forex correlation, denotes the extent to which a given currency is interrelated with another, helping traders understand the price movements of currencies over time and influencing their forex decisions. Currencies are traded in...
Gaining a Trading Edge by Fading the Crowd | Podcast
Key Points discussed What is IG client sentiment? The traders behind the data Sentiment data helps keep your emotions in check How to interpret the numbers Client sentient has been regarded as one of the most underutilised sets of data...
Psychology and Trading | Podcast
Key points covered in this podcast Emotional control is an important characteristic of a good trader Poker and trading are similar in psychology The movie Rounders identifies key personality types to be aware of You should hone your skills on...
How to Read a Candlestick Chart
Reading candlestick charts – Talking points: Candlestick charts differ greatly from the traditional bar chart Traders generally prefer using candlestick charts for day-trading because they offer an enjoyable visual perception of price It’s important to understand the key components of...
What is Forex? Forex Trading Explained
What is Forex? The market for foreign exchange, or forex (FX) for short, is the largest financial market in the world and involves the buying and selling of currency. Without knowing it, you have probably already participated in the foreign...
Major Cryptocurrencies: A Trader’s Guide
Cryptocurrencies have seen an explosion in popularity since they rose to prominence in 2009 and there are now over two thousand in existence. Some of the ‘major’ cryptocurrencies include Bitcoin, Ethereum, Ripple and Litecoin. These are among the most traded...
The History of Forex
Forex trading, which is the act of exchanging fiat currencies, is thought to be centuries old – dating back to the Babylonian period. Today, the forex market is one of the biggest, most liquid and accessible markets in the world,...
Major Commodities
Commodities are raw materials or agricultural products that can be bought and sold, with examples being gold, Natural Gas and wheat. From Copper to corn, coal to crude oil, commodities are central to life – and the lives of billions...
How to Know if Trading is Right for You | Podcast
Key points covered in this podcast Should you trade? Ability and willingness Running the numbers Active or passive mindset Should you trade? Should you trade? It is a simple question, but not easy to answer. There are many factors to...