Trading Tips

Trend-following in forex is one of the most common ways to position oneself in the FX markets. Trends usually take a lot of time to form and likewise, it takes a lot of variables for the trend to change direction. Given the wide… Read More

A lot of economic commenters have used letters as a shorthand to describe potential economic scenarios of what might happen after the covid-19 outbreak is controlled. They are great as visual aids, but what exactly is the difference between… Read More

Put simply, the Kelly Criterion or Formula is a way to calculate how much of their assets a Forex trader should risk on any given trade in order to maximize the return. It became notorious among equities traders because it was said that… Read More

Everyone makes mistakes; it's part of being human. And traders are not the exception to being human. Though, often, the FX best traders are the ones who most resemble robots! Even the most experienced forex traders make mistakes.… Read More

Reversal patterns, as the name suggests, change the course of an ongoing trend, whether it is bearish or bullish. For example, if the price action indicates that the trend is moving upwards, then this should eventually see an end to the… Read More

As we mentioned in our last article, we are in the midst of a credit crunch. Central banks are engaged in unprecedented actions in an effort to stave off a financial crisis which could lead the world into a recession. We already… Read More

FX traders that can't identify candle formations or candlestick patterns, fail to understand price action. Of course, there are many candles formations and patterns to learn. However, there are only a few that carry as  high an accuracy… Read More

What drives currency markets on a structural level is the relative value of each. When we consider an exchange rate, what we are really looking at is the price of a currency as measured by another. The thing is, what drives the value of… Read More

Standard and Inverse Head & Shoulders are two sides of the same coin and are the exact opposite of each other. That said, both signal the end of a directional move and hint at a reversal. A standard Head & Shoulders is always… Read More

Continuation patterns, in technical analysis, pertains to using the patterns that repeat itself on the price chart. Chart patterns based trading is as old as technical analysis itself. In fact, chart patterns analysis is closely rooted… Read More