Category: Trading Tips

In the world of trading, where markets keep on fluctuating due to countless influences, the art of understanding and predicting these changes becomes an intrinsic part of trading. This is where technical analysis comes into play. It is a tool for trading used to analyze securities with the view of determining prospects for trading by… Continue reading Why Technical Analysis is Crucial for Trading

The major abilities that each trader needs to possess include identifying the trend and the direction of the market. Indeed, market trends show the likely future movement of the prices, helping traders either to formulate a valid strategy or to make tactical decisions. The question is how to identify such trends and at the same… Continue reading Understanding Market Trends: Key Strategies for Identifying Market Direction

Currently, the forex market is among the largest single and liquid financial markets. Volume surges up to an incredible figure: well over $6 trillion traded each day. Activities run for five days a week throughout the day-24 hours-which opens to traders everywhere across the world. The FOREX market is open to everybody-from the insignificant retail… Continue reading Riding the Currency Waves: Why Trade the Forex Market