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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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.
Top Forex Brokers
The Foreign Exchange (FX) market is the largest, most liquid market in the world – with around US $5.3 billion traded daily.
As its now been one year since the SNB crisis, we ask how this event has changed the behavior of Forex traders and Forex brokers.
In this article I will examine why this happens, and suggest methods that traders can use to only pick the best-quality hammer candlesticks to trade.
With the start of each new year, listings of the top brokers are selected and posted online and the best Forex brokers for 2015/2016 have now been published.
The “Flying Buddha” pattern has been around for a number of years and remains very effective and profitable as a Forex trade entry technique.
Pundits often talk about a certain “January Effect” that may or may not occur in stock markets.
Bonuses & Promotions
In this article, we are going to explain everything you ever wanted to know about what “long” and “short” trades mean.
In Forex, we talk about going long and short all the time without really considering any difference between them. Learn the difference here.
It is that time of year again! As the Forex market is centered in London and North America, traders should pay attention to their holiday season of Christmas and New Year.
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If you are interested in using technical analysis to trade Forex and you like to start your trading at around 8am London time, there are some very simple methods
Forex seasonality is the term used for the tendencies that certain currencies might have exhibited to move in particular directions at certain times of the calendar year.
In this article, you will learn how to construct a trading plan and what items are essential to include in it. Traders who are better organised and who plan their actions in advance are usually more successful than those who do not.