Andrew, Author at Forex Trading For Profit

FOREX TRADING FOR PROFIT

Author: Andrew


Why is the same chart explained differently by traders?

No ratings yet. It is very hard to convince someone that you are right and he is wrong. Most of the time, the person you are arguing with remain in his conclusion that he was right the whole time. This article will not tell you how you can win an argument with the other traders Read the full article…



The truth about Forex trading profession

No ratings yet. Many people invest in Forex by being mesmerized by the name and the profit in it. They know it is a profitable market but what they do not know if they can only make the profit in this market if they win the trades. This is so hard in Forex that you Read the full article…



How to Trade Morning and Evening Stars

No ratings yet. Japanese candlesticks are extremely popular among retail traders these days. To be more exact, not only retail traders use the Japanese candlesticks, but almost everyone involved in trading. There is a simple explanation for this: the setups offered by these candlesticks are powerful. Retail traders make about six percent of the whole Read the full article…



Blooming Aussie economy facing bearish threat as retail sales drop

5/5 (1) The Aussie dollar has been trading significantly higher against most of its major rivals from the very beginning of this month. Despite the strong bullish momentum in the AUDUSD pair, the pair dropped sharply during on last week after the retails sales missed the expected 0.2% gain. Most of the leading investors in Read the full article…



Trading with Oscillators

No ratings yet. If trend indicators appear on the actual chart, right on the candles, oscillators are different. They are plotted in a separate window, right at the bottom of a chart. The thing that is missing when trading with trend indicators is the fact that, because they lag, price reversals are difficult to spot. Read the full article…



How to use the leverage in the perfect way

No ratings yet. Most of the time, traders do not think of taking leverage practically. Leverage is the advantage in forex trading, where small traders can trade the market with a big spread for a big profit. For example, you are a trader in Forex. You have a small account with your broker and you Read the full article…



Trading Piercing and Dark-Cloud Cover Patterns

dark-cloud cover

No ratings yet. Still in the category of Japanese candlestick techniques, the piercing and dark-cloud cover are powerful reversal patterns. If the morning and evening stars are a group of three candles, the piercing or dark-cloud cover patterns have only two candles. One is in the direction of the previous trend and the other one Read the full article…



How to Trade Different Types of Flat Patterns

irregular flat

No ratings yet. The most difficult pattern to trade with the Elliott Waves theory is a flat pattern. There are multiple types of flat patterns, no less than ten types, and the purpose of this article is to list the most important ones and what makes the difference between them. Before doing that, a short Read the full article…