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.
For a currency to be traded and for its price to move from one level to another, volume is required. Or put another way, volume is the gas in the tank of the trading machine.
Price Action in Forex is appreciated by traders for its simplicity as it involves using only key levels in the markets with proven Price Action formations.
When trading the FX markets, it is absolutely vital that you know when to cut your losses.
We are going to focus on one aspect of Forex trading, that when followed, can become the difference between complete failure and ultimate success in Forex trading
If you’re going to trade Forex, you will hear about automated Forex systems, also called “robots”, “expert advisors”, & “auto traders”. Learn how these work.
This article does not promise immediate wealth or success, but rather, a slow paced and long lasting strategy that, at the end of the road, will lead you to profits.
What is technical analysis and why should you care? This article explains in simple terms how Forex technical analysis can enhance your Forex trading experience.
One of the most important candlestick formations that a trader can learn is without a doubt the “Hammer” or “Shooting Star”.
When you are trading Forex, you are going to come across the term “requote” sooner or later. You should be aware of what it means and how to avoid them.
Swing trading is by far one of the most popular ways to trade financial markets.
When trading the financial markets, you will quite often hear the expression "bull market", or sometimes "bear market".
Unfortunately for the legitimate Forex brokers out there, the entire industry has a negative reputation due to the many scammy brokers out there.
While the Forex market hours are not limited to one time slot or another, and traders can really open positions almost any time they want,
Learn the difference between dealing desk Forex brokers and no dealing desk brokers here.
While many people will write about the different trends and their time periods, the one that you should be worried about is the overall direction of the currency pair.
