Forex Articles

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Monday Catch Up with Pierre

Monday Catch Up with Pierre

Hi everyone. As I mentioned....I am currently on a road trip and things didnt go as planned this morning as I struggled to log in to the site. Never the less.....I am late but my analysis will still stay applicable to the current market. Regards Pierre

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GAPS Equals Trading Opportunities!!!

GAPS Equals Trading Opportunities!!!

Good morning everyone. We had loads of GAPS yesterday with market opening.....and by the looks of it most GAPS closed already. We know by now that 90% of the time the market do close these GAPS.....so when we see GAPS we know that we have possible trading...

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Commonly Used Support and Resistance Areas

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 resistance make up the most core and meaningful portion of technical analysis, and below the four most commonly used areas.

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Four Vital Terms for New Forex Traders

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 forex market itself, but will help you understand training and teaching you might be receiving as well.

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New Trader Basics: Forex Order Types

New Trader Basics: Forex Order Types

When starting your journey in trading, knowing what each order type means and how it affects you is one of the most vital knowledge you will have to have. Below I discuss the most commonly used and important forex order types used in trading. By making sure you are placing the RIGHT order based on what you want to achieve in the trade, will prevent many of the mistake-based losses that come from incorrect order placement

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