Whether you’re looking for Forex articles that cover Forex basics or those that focus on more advanced trading topics, you’ll find what you’re looking for in our exhaustive Forex articles database. Browse by category to find articles about a specific subject or peruse the entire list to get a full picture of how the Forex industry functions.
You can also check out our best Forex articles to see what information other traders have found useful and to get new inspiration for your trading strategies.
Most Forex traders know about hammer candlesticks. They are also known as pin bars. In this article I will examine why this happens, and suggest methods that traders can use to only pick the best-quality hammer candlesticks to trade.
The “Flying Buddha” pattern has been around for a number of years and remains very effective and profitable as a Forex trade entry technique. It can be used in all markets, but is especially suited to Forex.
Pundits often talk about a certain “January Effect” that may or may not occur in stock markets. Forex traders wonder if a similar effect might also take place in the Forex market and, as it's January right now, it seems like a good moment to investigate whether or not some kind of “January effect” exists in Forex.
When we talk about trading, we often use the expressions “long” and “short” to classify two types of trades. It can be confusing to understand exactly what these terms mean, so in this article, I’m going to explain everything you ever wanted to know about what “long” and “short” trades mean. Everything you ever wanted to know about long and short trades but were afraid to ask… that’s the long and the short of it! No more jokes, I promise.
In Forex, we talk about going long and short all the time without really considering any difference between them. That’s because in Forex there is not really any “long” or “short”: when you are trading a currency pair, you are really spread trading, always long one currency and short another.
It is that time of year again! As the Forex market is centered in London and North America, traders should pay attention to their holiday season of Christmas and New Year. This time can be confusing as December holds some great trading opportunities, but you don’t want to be trading in dead markets or markets with very thin volume that are perfect arenas for stop hunters looking to kill your trades. So let’s go through it day by day, showing the typical hours most brokers close early, and a little advice:
If you are interested in using technical analysis to trade Forex and you like to start your trading at around 8am London time, there are some very simple methods you can use to forecast the probable direction and strength of two major currency pairs – EUR/USD and GBP/USD - just by taking a quick look at the Asian range.
A few weeks ago, I wrote an article explaining how the best Forex momentum trading strategy of recent years has been trading USD currency pairs in the direction of the 3 and 6 month trends when they both agree. I did not get into the specifics of how this could be traded, but just used a back test to show how simple opening a position at the beginning of each week, hypothetically, could have made great returns over a recent 14 year period.
You have probably heard it before: every trader should have a winning trading plan, and they should follow it. I am saying it here, again, but I am going to explain how to go about actually making the plan, and how exactly to follow it.
Want to get in-depth lessons and instructional videos from Forex trading experts? Register for free at FX Academy, the first online interactive trading academy that offers courses on Technical Analysis, Trading Basics, Risk Management and more prepared exclusively by professional Forex traders.