Trendline Breakout Strategy

Trendline Breakout Strategy TBS This strategy is a fantastic strategy that is commonly used in forex trading by experienced traders. Trendlines are lines drawn to connect two or more price wave turning points on a chart especially when a trend is formed. It is an important tool for Forex technical analysis […]

Introducing the Pips-Beantrapper Indicator!

Pips-Beantrapper Signal The Pips-Beantrapper is a combination of signals from two Meta Trader indicators. The indicators are Stochastic Oscillator and Awesome Oscillator. The above indicators signal are combined with the position of the currency pair candle bar to the 5 Linear Weighted Moving Average.     Check Out Support and Resistance LONDON […]

Achievable End Of Year Target For Newbies

Achievable End Of Year Target For Newbies The achievable end of year profit target is analyzed in this article for new traders. Money management is one of the critical areas in Forex Trading that beginners should look seriously at when starting a trading career. Factors such as selection of the […]

How To Setup A Demo Trading Account – Strictly For Beginners!

How To Setup A Demo Account Recently, many people have asked me to teach them how to trade in the Forex market. However, one cannot trade Forex without having a forex trading account: which can either be a demo (demonstration) account or live/real account. This article will show you images of […]

Introducing The Beandicator Signal!

Beandicator Signal The Beandicator Signal is a combination of signals from five Meta Trader indicators. The indicators are Stochastic Oscillator, Accelerator Oscillator, Awesome Oscillator, MACD, and Average Directional Movement Index. The above indicators signal are combined with the position of currency pair price to the 50 simple moving average.   Check Out […]

ELLIOTT WAVE PRINCIPLE

Elliott Wave Principle The Elliott wave principle, was discovered by Ralph Nelson Elliott and it is a technical analysis tool of Forex price movement that is based on sentiment of market participants. The Elliott wave principle works perfectly with price trends with respect to highs and lows of price, resistance, […]

Price Interest Point (Pip): Price Measurement

The Pip Measurement A pip is the standardized unit amount of price movement or change in the rate of a currency pair in forex trading. It measures price movement just like weight is measured in gram or kilogram. It is generally used by Forex Traders to reference profit or loss. […]

Bollinger Bands and Scalping Strategy

Bollinger Bands (technical analysis tools) are created by John Bollinger and used to measure market volatility (sometimes used for scalping strategy) because they adjust to market conditions. Traders use the bands to confirm trends, market range top, and bottom. Bollinger bands can confirm the range of price action and they […]

Scalping Strategy

Scalping Strategy Scalping is a trading method that involves analyzing and forecasting price movements in order to place profitable short trades. The aim is to make small profits within few seconds or minutes at any session within a trading day. Scalping is risky. Some trading systems may not be appropriate […]

Margin in Forex Trading Explained

What is Margin? Margin trading in forex is trading with a loan borrowed (short-term loan) from a broker to control large positions on a currency pair. A margin is the amount of money a broker will put aside to keep investor’s trading position(s) open. However, it simply magnifies the amount […]