3 Trading Tips for RSI
Using the RSI indicator – key things you need to know: In a downtrend, RSI can remain oversold Use the centerline to determine market direction RSI settings can be adjusted for more or less oscillation What is RSI (Relative Strength...
Don’t Miss a Key Reversal Day, or a Key Reversal Week, on the Charts
Talking points: – GBPUSD has tumbled this week, with fundamental analysts pointing to Friday’s poor UK first-quarter economic growth data as an important contributor. – However, technical analysts should have seen it coming after a key reversal week on the...
Reversal Patterns: Don’t Miss a Key Reversal Day, or Week, on the Charts
Talking points: – GBPUSD has tumbled this week, with fundamental analysts pointing to Friday’s poor UK first-quarter economic growth data as an important contributor. – However, technical analysts should have seen it coming after a key reversal week on the...
4 Effective Trading Indicators Every Trader Should Know
When your forex trading adventure begins, you’ll likely be met with a swarm of different methods for trading. However, most trading opportunities can be easily identified with just one of four chart indicators. Once you know how to use the...
3 Things I Wish I Knew When I Started Trading Forex
Trading forex – what I learned Trading forex is not a shortcut to instant wealth. Excessive leverage can turn winning strategies into losing ones. Retail sentiment can act as a powerful trading filter. Everyone comes to the forex market for...
Why International Trade Disputes Matter for Foreign Exchange Rates
How International Trade Spats Can Move Markets: – The impact of the US/China trade conflict on market sentiment has highlighted how FX rates and other asset prices can be moved by trade disagreements. – For long-term traders, there are ways...
Why International Trade News Matters for Foreign Exchange Rates
How International Trade News Can Move Markets: – The impact of the US/China trade conflict on market sentiment has highlighted how FX rates and other asset prices can be moved by international trade news. – For long-term traders, there are...
Elliott Wave Patterns: What is a Zigzag?
Talking Points -Zigzags appear in the construction of many of the Elliott Wave patterns-Zigzags subdivide as an A-B-C (5-3-5) sequence-Many times, wave C can be estimated using common ratios and channeling In Elliott Wave theory, a zigzag is a pattern...
Best Time to Trade and Where – Trading Forex
Talking points: – Choosing the right time to trade and where to place an FX trade is almost as important as the trade itself. – That’s because you need a highly liquid market that’s easy to enter and exit, with...
Becoming a Better Trader: The Power of Using a Checklist
One of the biggest obstacles traders face is staying focused on the process of trading and acting in accordance to their game-plan. By implementing a systematic way of making sure you are ‘doing the right thing’ you can take a...