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Trendlines In Forex

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 What is a trendline? Trendlines In Forex unlike the traditional horizontal Support & Resistance (S/R) are diagonal S/R level that price tends to bounce off acting as S/R. They act as support when price is above them and resistance when price is below them. A trendline is simply a diagonal S/R. Why are trendline form? Trendlines in Forex are formed because of discount rate on orders placed by the big guys who have enough equity to move the market base on supply and demand. How to draw your trendlines in forex? Bullish Market: you need to draw your trendline at the bottom of price Bearish Market: you need to draw your trendline at the top  You need to connect your trendline using the outer most peak, and a confirmation of at least two touches to validate the trend line. Another word for peaks is resistance. Whenever price breaches your trendline and creating a new peak you must adjust your trendline to the new peak this is because always connect your trendline using the out...
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INDICATORS FOR FOREX TRADING

In this article we are going to be discussing about the indicators for Forex Trading....Before we start let us look at what indicators for Forex Trading or rather what is the meaning of Indicators What are Forex indicators? Before making trades on the platform, Forex traders examine various data  in order to gauge how the market is performing and how it is likely to  change in the future. With detailed market analysis, traders should be able  to employ more effective trading strategies and make higher returns. Forex indicators are one way of examining market data. By examining  historical data, such as currency price, volume and market performance,  indicators seek to predict how the market will behave in the future and  which patterns are likely to be repeated. Once traders have this information, they are able to make more informed  trading decisions and may make higher returns as a result.   indicators for Forex Trading are used by traders ...
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FOREX TRADING DAYS

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In this article we are going to be looking at the forex trading days Yes, it is true that the forex market is open 24 hours a day, but that doesn’t mean it’s always active the entire day.  You can make money trading when the market moves up, and you can even make money when the market moves down.  BUT you will have a very difficult time trying to make money when the market doesn’t move at all.  We will be discussing about the forex trading days/session yeah, you heard me right Session I said..... Forex Trading Days: Before looking at the best times to trade, we must look at what a 24-hour day in the forex world looks like.  The forex market can be broken up into four major trading sessions: the Sydney session, the Tokyo session, the London session, and the New York session.  Historically, the forex market has three peak trading sessions. Traders often focus on one of the three trading periods, rather than attempt to trade the markets 24 hours per day. This...
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STRATEGIES FOR TRADING

 In todays article we are going to be looking at Strategies For Trading, basically traders around the world uses three Strategies For Trading or in other words for doing their analysis. Strategies For Trading are group into three consecutively but we will be discussing about the most popular and used strategies for trading in this article. Below are the strategies for trading: 1. Technical Strategy/Analysis: This is the use of technical tools and indicators to carry out proper analysis of the market thereby anticipating your move prior to the market intended direction. Traders tends to use this strategy 80% of the time. 2. Fundamental Strategy/Analysis: This is by way of analyzing or anticipating market direction by way of importance news/ event about the economy of a particular country which tends to affect its currency. 
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APPS FOR FOREX TRADING

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 In today's article we are going to be talking about the 'Apps For Forex Trading'. Basically there are lots of tools/app out there that traders use for efficient trading but this article will focus mainly on the Apps For Forex Trading, ranging from Technical to Fundamental Analysis the following are the Apps For Forex Trading: 1. MetaTrader4 (MT4) - This is the very traditional app that almost every traders out there use and it has built in technical and fundamental tools for efficient analysis. It is available for IPhone users, Android users and as well as PC. It has a friendly interface, and almost every broker out there can be connected with the Mt4 app. 2. MetaTrader5 (MT5) - The MT5 app is an advanced version of the MT4, it offers relatively same features and it's has users friendly interface also available for IOS and Android Users, including the PC users. 3. Tradingview - This is another great tool for technical analysis it offers a plathar of tools if you have b...
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Best Strategy For Trading Forex

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 The question has been asked a lot of time by lots of traders out there what is the 'Best Strategy For Trading Forex'. Well I'm here to answer that question today about the so called 'Best Strategy For Trading Forex' the truth is there is no holy grail in Forex Trading and literally no Best Strategy For Trading Forex but there are certainly strategies out there that can make you tons of money from the market if you know how to apply them on the market charts. There are lots of strategies out there that are quoted as 'Best Strategy For Trading Forex' but the truth there isn't and in the forex market we always look for probabilities that's all there is, so in this article I'm going to share with you the 'Best Strategy For Trading Forex' in my opinion that I have used and has made me profits from just trading these strategies and it comes with way of 'Chart Patterns'. Now before we proceed I will like to say this real quick there is...
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