The moving average is one of the most popular and easy-to-use tools available for doing technical analysis. It means the average price of a currency over a specified time period is used in order to spot pricing trends by flattening out large...

Many people want to try out being a trader in forex, but they feel somewhat overwhelmed and not quite sure how to get started. While you may have seen various forex courses advertised, and countless articles, you may not feel properly prepared. Here...

The importance of a demo account is not always appreciated. However a demo account gives you great insight about trading and as you are still starting out you really need that. Some traders start off in the real world without taking the time to...

Among various risk factors, currency volatility can be a great source of hazard for a forex trader. Usually, a foreign currency exchange trader requires handling currency volatility with the effective prevention methods while volatility is cleared as...

Trading journals should include all necessary elements that describe a trade, like the date and time of the trade, the traded instrument, the direction of the trade, entry and exit prices, position sizes and therefore the results of the trade once...

Any trader wants to be successful - it is normal to yearn for great profits and favourable results. However there is often the misconception that a really successful trader is one who is really wealthy - with a big house, luxurious car etc. And to...

Both technical and fundamental analysis are considered to be important forms of analyses for a forex trader. However some traders prefer one more than another. Yet again there are others who prefer to use them in conjunction with one another so as to...

Gaps are focuses in a market when there is a sharp development up or down with practically zero trading in the middle of, resulting in a gap in the normal price design. Holes do happen in the forex , yet they are fundamentally less normal than in...

Hedging, a startegy reducing trading risk, is very simple to understand but still unpopular among the beginners in the forex. The aim of hedging is to reduce the losses from unexpected fluctuation arises in the market. The traders who are well...

A trading journal is quite simply like a trading diary. You will input data relating to entry and exit points, the capital invested, the outcome of that particular trade and any other notes that you would like to make regarding a trade, for future...