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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MACD (or Moving Average Convergence Divergence) – pronounced “mac-dee” – tracks price momentum strength. Because of its popularity, it is a standard technical indicator included in every trading platform.
Should you be using Strangle or straddle? Read more for a brief explanation, examples , pros & cons and how to use these two strategies in Forex.
Many retail traders start out either restricting their trading to a few pairs, or trading every instrument they can get their hands on. Why is this? Find out here.
Top Forex Brokers
In this article you will learn the various aspects of the Pin Bar Trading Strategy used during a Pin Bar momentum break. Some of these features include the conditions needed for a potential long or short entry consisting of a single price bar/candle and the optimum time to place a stop loss.
This article examines several characteristics of the Outside Bar Trading Strategy used during an outside bar momentum break.
Since market conditions are always changing, traders will not only be able to implement a single trading strategy on each daily occasion.
When choosing a Forex broker, it’s critical that you do your research and make sure the broker is reputable, reliable and regulated.
You should always use some kind of hard stop loss order that is entered into your trading platform. When your stop losses are hit, it can feel like a slap in the face.
You have been exposed to the term “break-out” as a major market occurrence and a potential opportunity to see significant market gains.
Bonuses & Promotions
When it comes to investing, there are endless ways to scam a trader. Many brokers manage to get away with their fraudulent activities for a period of time.
Trading Forex has become very popular of late. Disgruntled stock traders are moving their money out of the equity markets and into Forex markets.
Patience in trading is a disciplined art and must be practiced intensively before it becomes automatic.
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Sign up to get the latest market updates and free signals directly to your inbox.Are you thinking about using a Forex robot? Unsure how to choose the best Forex robot that will work for you? In this article, I look at the pros and cons of Forex robots, outline the criteria for judging Forex robots when picking one, and show you one of the best places to find Forex robots. Forex robots cannot do everything a human trader can do, but they can do some things much better. For this reason, every trader should consider carefully whether their type and style of trading could benefit from being either aided or even executed by a Forex robot.
MetaTrader 4 and the recently introduced MetaTrader 5 are electronic trading signals used by online retail foreign Forex traders.
Order flow trading relies on a simple theoretical basis: the only thing that moves the price is whether there are more buy or sell orders right now.