A basic explanation of how to use candlestick charts in your Forex strategy. The candlestick method predicts Forex trends in Forex trading.
There are two primary ways to become a more successful Forex trader - to practice, and to learn about the industry.
At DailyForex, our goal is to simplify your trading so that you can trade easily and smartly. To this end, we offer you a collection practical articles written by our Forex experts to help maximize your trading success.
You can also browse our articles by category to find information and trading strategies that can help you improve your profitability and enhance your trading experience.
Most Recent
The central idea behind trading with large stop-losses is to achieve a very strong win:loss ratio which will then offset the poor risk:reward one.
Breakout strategies are very popular with many traders because price must develop a large amount of energy to escape from a tight trading consolidation pattern.
Top Regulated Brokers
Learn how to identify which “fakeouts” - failed breakouts – are most likely to give good trading opportunities in the opposite direction.
Here are descriptions of a number of important reversal patterns which should help you detect them better as well as improving your trading results.
When you start to realise that Forex trading is more about odds then certainties, you can then begin to position your trades to target more wins than losses
The futures commodities market has been around since the rice futures were traded in Japan back in the 18th century.
For someone who has decided to begin trading commodities, all the different terminology can be a little overwhelming.
If one was looking to begin trading their money, they would have a whole group of markets from which to choose.
Bonuses & Promotions
The commodities markets have proven to impact the world throughout the generations.
Commodities, much like Forex, and other markets, tend to seem like a complicated and highly technical field to the inexperienced trader.
The technique of post-trading Forex news is based on the fact that once the market has made up its mind about the impact of a major news item,
Price action tends to become more stable at these times because the market is anticipating the event.
As explained in previous articles, if you are patient and simply wait for the initial breakout move to unfold then this course of action may help you avoid fakeouts
When Forex beginners first attempt a breakout strategy, they quite often become quickly demoralized.