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.
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Breakouts happen when price moves beyond support or resistance or violates a trend line.
Positive or negative value is assigned to the volume depending upon the price being higher or lower on that day compared to the previous day
A fruitful currency trader should understand currency market dynamics. One key is currency correlation. Many currency pairs are correlated to some degree.
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Most traders know the trend is your friend. The assumption is that the momentum of the trend will carry you along, making sure your trades are profitable.
Many Forex traders have difficulty understanding that their occupation involves a tremendous amount of risk. Good Money Management skills are essential in order to cope with this very serious problem.
This article explains why the Meta Trader 4 Forex trading platform dominates the market. It lists the advantages mt4 has over its competition.
In this week's DailyForex blog review, I will be reviewing a Forex blog that is really more like a full fledged website if I am judging by its professional level.
Yesterday’s initial ‘risk-aversion’ theme was apparently put down to a ZAR/JPY cross-trade going through with a couple zeros too many added to the size of the order.
We will discuss the issues in detail in relation to FX, specifically USD, in the context of the recent developments, especially in the aftermath of the credit crisis
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In this week's Forex blog review, I will be reviewing Forextradingblog.com.
One of the many advantages of trading Forex as opposed to other markets is the lack of necessary prerequisites.
Forex scalping (FX scalping) has caused a lot of noise as a result of NFA's FIFO.. Scalping trading is a very common practice.
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Sign up to get the latest market updates and free signals directly to your inbox.This article discusses the important factors that drive the Forex market and its currencies, such as forex psychology, and technical analysis.
Stochastics is a technical momentum indicator propounded by George Lane in the 1950s. It measures the price of a currency pair relative to the high/low range over a period of time.
Learn how to trade with the ultimate oscillator, one of the most useful technical indicators for long-term position and divergence traders.