Using a Forex Volatility Indicator

One of the most challenging aspects of Forex trading for novices is dealing with the aspect of currency volatility. Currency volatility is defined as the measure of price variation in the Forex. There are a number of techniques to deal with both large and small price variations in currency pairs. Adjusting the Amount of Leverage […]...

What is Price Action in Forex?

Forex trading is thrilling, although it can require an incredible amount of strategy and indicators in order to turn a profit. Typically, price action means that traders are able to carry out an extensive range of technical analysis functions, without the need for any indicators. This type of technical analysis is focused on the past […]...

Scalping Bollinger Bands

There are many successful ways of trading the Forex markets. Some traders swing a trade where their anticipated hold times are from a day to a week plus. This requires having a wider stop and usually has less than a 50% win rate — and because of the wider stop, the trader must trade very […]...

FOMC Forex Forecast

Monetary policy is determined by the US Federal Reserve, through a branch known as the Federal Open Market Committee (FOMC). Those who trade in Forex have great anticipation of FOMC announcements, especially those pertaining to interest rates decisions. Since the last meeting held in March, there have been several indicators that can be used to […]...

Forex Recap: London Session March 16th, 2017

GBP The British pound traded mostly sideways during the London session on Thursday. Queen Elizabeth granted her Royal Assent to the Brexit Bill, giving Theresa May legal authority needed to continue with Brexit preparation. May is now officially authorized to trigger Article 50 of the TEU, starting the formal process for an actual Brexit. The […]...

Brexit News: Possible Scottish Referendum

The Prime Minister of UK, Theresa May, announced that article 50 will be triggered on Wednesday, 29 of March. Amid the confirmation by the prime minister’s spokesman, the British pound edged down to 1.2387 against the U.S. dollar, after hitting a three-week high in earlier trading. The formal mechanism for starting British negotiations to leave […]...

Top 5 Forex Myths Debunked!

So you’re ready to start trading Forex, but it seems like everyone around you has a great reason for you to stay out of the market. There are a lot of myths about investing, especially when it comes to Forex. So today, I’m helping you break down the top 5 Forex myths traders hear. The […]...