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How to use pivot points, support and resistance in actual Forex trading

Using pivot points as the basis of a Forex trading strategy has been around for a very long time and is now slightly out of fashion. It still remains an effective strategy, easy to understand and to implement and the arithmetic involved is minimal. The pivot level is the level at which the market changes [...]

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Forex for Beginners

1. The Basics of Forex Markets: What is Forex? How many and which currencies are traded on the Forex market? The Different Forex Markets & Their Timings What Are The Different Types of Forex Traders? What are the advantages of trading Forex? 2. The Basics of Forex Trading: What Are The Basic Requirements To Start [...]

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How You Can Trade Multiple Positions by Applying Money Management

To be a highly successful trader, novice traders must have a good trading plan. Trading multiple positions can be difficult without proper money management. Usually, traders will develop their own techniques of money management, based on their financial positions, trading styles, etc. One of the most popular strategies in money management is the Pyramid strategy, [...]

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Forex and Understanding the Value of Old Currency

There are a number of different things that you need to consider whenever you are trading on the Forex market. Not only does it have to do with understanding the value of old currency in respect to what you’re going to pay for new currency, it is also being able to identify trends within the [...]

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