The failure swing trading pattern is not 100% bulletproof, but it can have a high enough accuracy to make it one of the simplest and most effective systems in Forex trading. Many estimate an accuracy of 70% which can be achievable depending on the conditions and combinations with other tools as well as the nature of the market of Read More …
Category: Education
5 Trading Mistakes in Forex Trading That Can Cost You Dearly
There is nothing more frustrating than seeing yourself making the same mistakes over and over again, despite your best intends and efforts. These 5 forex trading mistakes can cost you dearly along the way and are based not only on my own experience but also on the accumulated experience of every trader i know. Not taking profits, averaging down Read More …
Professional Technical Analysis Software – 4 Reasons It Can Make A Difference
It might sound cliché but trust me it’s not. After years of painstaking losses, it finally occurred to me. A professional technical analysis software is probably one of the best investments in your forex trading career. Elliott Wave, Market Profile, Gann, harmonic patterns and any other indicator you’ve probably heard of or studied about, could be at your reach for Read More …
Harmonic Trading Patterns – 3 Patterns To Boost Your Forex Trading
Learning how to trade the forex market through chart patterns can be a daunting task if you do not know where to start with the large variety of technical patterns available everywhere online. However, the most reliable, consistent and forward-looking forex trading patterns (also called harmonic patterns) are the Gartley, the Butterfly and the AB=CD. A market either moves in Read More …
Forex Trading Skills – 5 Skills To Improve Your Trading Performance
Learning how to trade forex is not difficult if done the right way. Whether you are just beginning to trade forex or already are a seasoned trader, these 5 essential forex trading skills that are the hallmarks of a consistently successful trader. These skills include the understanding of the forex market phases, solid money management, proper risk management, trading mentality Read More …