There are two primary ways to become a more successful Forex trader - to practice, and to learn about the industry.
At DailyForex, our goal is to simplify your trading so that you can trade easily and smartly. To this end, we offer you a collection practical articles written by our Forex experts to help maximize your trading success.
You can also browse our articles by category to find information and trading strategies that can help you improve your profitability and enhance your trading experience.
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Learn about support and resistance trading, how to define support and resistance levels, and how to trade successfully using support and resistance.
ECN brokers earn via commissions & spreads, and as they do not profit from their clients losses, they have no potential conflict of interests with their clients.
We would like to present new research which suggests that a breakout entry style can be even more effective.
Top Forex Brokers
With the start of a new year, the first round of recommended brokers for 2016/2017 have been published.
What are the differences between day trading and swing trading? Is either trading style a good idea for you?
Just as it is possible to use crude oil’s market movements to identify macroeconomic trends, this information can be useful in trading currencies and other kinds of financial as-sets that are related to oil. In this article we explain how understanding oil price movements can be useful for a Forex trader, as we examine the relationship between the crude oil and Forex markets. We’ll also explain why paying attention to crude oil prices could be useful in terms of formulating a successful foreign exchange trading strategy.
“ECN” stands for “Electronic Communications Network”. Learn what is is here.
We can test the question of whether “market timing” is a waste of time in Forex using a very simple technical method applied to historical stock market data.
Find out the differences between Metatrader 4 and Metatrader 5 trading platforms, providing comparison and full metatrader review of which metatrader is better.
Bonuses & Promotions
Is Forex trading permitted in Islamic law? Islamic authorities approve currency exchange under specific circumstances. Is Trading Halal or Haram?
One of the easier ways to make progress with Forex trading is to “zoom out” from a chart, instead of “zooming in”.
This article will take you through a step-by-step process for trend trading Forex and other assets, by explaining how to act.
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Sign up to get the latest market updates and free signals directly to your inbox.For most traders, the hardest part of trading Forex is coping with financial losses. How does one deal with loss in trading? Find out here.
Trading is, without a doubt, one of the most alluring and exciting professions an individual could ever embark upon. It is also, arguably, one of the most dangerous
In this second part I will explain methods you can use to enhance the profitability of this entry method.