Technical Analysis

Should you diversify when trading?
Beginner

Should You Diversify When Trading?

I feel like the word “Diversify” may be over-rated. In some circles, they trade commodities. In other circles, they trade cryptos, and in my circle, we trade Forex. Which should you trade? Should trade you trade all of them? I don’t recommend it. It’s never as simple as ABC or 123 when it comes to trading.

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3 Step Technical Analysis Process
Beginner

3 Step Technical Analysis Process

Our goal as Forex traders is to be consistently profitable. But we need a consistent process to achieve success year after year.
A framework allows us to study the results of our actions. Therefore we can make success repeatable by simply following the same process.

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How To Trade The Head And Shoulders HS Pattern
Beginner

How To Trade The Head And Shoulders (H&S) Pattern

Head and shoulders (H&S) refers to a popular technical analysis pattern used to trade market reversals.
A classic head and shoulders indicates the probable end of an uptrend proceeded by a downtrend. Inverse head and shoulders also occur in markets, and these suggest that a downtrend should come to an end followed by an uptrend.

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Forex Vs. Indices
Beginner

Forex Vs. Indices

Forex Trading? Stock trading? Indices? What’s the difference?
Do they make you money or not? That is the question you should be asking. Whether you’re a Forex trader, a stock trader, or a dedicated indices trader, you need to have a green bottom line.

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What Is A Pip In Forex Trading - TradingView Chart
Beginner

What Is A Pip In Forex Trading?

Pip is an acronym for “price interest point” or “percentage in point”, which is a price change of 1/100 of 1% or one basis point. This represents the smallest possible change in an exchange rate.
The majority of Forex pairs are quoted up to 4 decimal places i.e. a pip is the last of those 4 decimal places.

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Never Be Afraid To Change Your Bias
Advanced

Never Be Afraid To Change Your Bias

At the time of writing, I’ve had an incredible week. Filled with opportunities and trade setups that would have you questioning whether or not we’ve actually come to the end of the year! I mean, seriously, since when are the markets so volatile in December??

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Average Directional Index (ADX) Indicator
Advanced

Average Directional Index (ADX) Indicator

Today we will look at another uncommon indicator that isn’t really spoken of in the Forex trading community.
Remember the first day you were introduced to algebra in math class, and you were so confused? Okay, maybe not all of you, but for the majority of us it was the case. However, by the end of the term, you understood the concept.

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William Percentage Range Indicator
Beginner

William Percentage Range Indicator

As Forex traders, we often learn different things from mentors, teachers, and “experts”. Even though knowledge is shared continuously, many indicators are hardly ever mentioned.
It is almost impossible to find in-depth information about these indicators and what works best with them.
In this article, we will take a look at the William Percentage Range indicator.

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How To Trade Flag Patterns
Beginner

How To Trade Flag Patterns

Flag patterns are a form of consolidation that occurs during market trends. Breakouts from these patterns favor trend continuation, so flags are considered retracements within a prevailing trend.
A bullish flag pattern indicates that an uptrend is likely to continue, while a bearish flag pattern suggests that a downtrend will continue.

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