If you’re looking for a way to trade non-farm payrolls, you’ve come to the right place. You’ll find several methods to make money after the report. For example, you can wait for an inside bar to form after the NFP report is released, or you can look for the reaction of the markets to the…
Category: Blog
Opening Range Breakout Trading Strategy
If you are looking to trade the opening range breakout, then you have come to the right place. In this info, you will learn how to identify false and strong breakouts, as well as how to manage your trading strategy with an opening range breakout. Hopefully, these tips will help you to make more money…
What Should You Know About Currency Pairs?
The term currency pair is utilized to describe the relative value of a currency unit against another currency. These currencies are exchanged in the foreign exchange market. There are several kinds of currency pairs. Each pair has different characteristics and trading signals. Here are some of the basics about currency pairs: Base currency, Quote currency,…
Supplemental Forex Trades
Supplemental forex trades are different from normal day-to-day trading. They may not follow the major trends, or they may move against them for a day or two. They may even break out of the range they are in. These types of trades are based on current market sentiment, central bank news, and regular news events….
Forex Trading System Development
Once you have decided on a forex trading system, you’ll need to create a trading plan. You can develop a breakout strategy or a trend-following strategy. Whichever you decide, it’s a good idea to create a loss limit for each trade. This will ensure that you don’t overtrade, or lose too much money. Developing a…
Currency Trading Basics Everyone Should Know
Currency trading involves buying and selling currencies. These currencies always trade in pairs, and traders create positions based on the assumption that the prices of each currency will change. They measure the change in the price in pips, and they use these pips to establish trade positions. The value of each currency is represented by…