Commonly Used Support and Resistance Areas
Below I have outlined the most Commonly Used Support and Resistance Areas that forex traders use for technical analysis. In technical analysis, the forex trader attempts to understand the market by how price moves, as well as using some indicators. Support and...
Four Vital Terms for New Forex Traders
When you are new to forex trading, it can seem like a completely different language. The terms used are probably not familiar if you have not been in that realm before. Below, are Four Vital Terms for New Forex Traders to know. It not only serves to understand the...
New Trader Basics: Forex Order Types
New Trader Basics: Forex Order Types Knowing what each order type means and how it affects you is some of the most vital knowledge you need to have. Below I discuss the most commonly used and important forex order types used in trading. Make sure you are placing the...
Forex Trader Basics: Understanding Spread
New Forex Trader Basics: Understanding Spread Spread is by far one of the most common costs associated with forex trading, and it is a vital concept to understand. As a new forex trader, spread is something that will impact your trading a great deal and it is very...
What Is The Best Forex Trading System?
What Is The Best Forex Trading System? That, my friends, is the “million dollar question” – right? Virtually every single trader that starts their voyage into this business asks this question. At some point very early on in the path, they realise...
