Interest Rate Differentials. Pick a pair, any pair. Many forex traders use the technique of comparing one currency’s interest rate to another currency’s interest rate as […]
Interest Rate Expectations. Markets are ever-changing with the anticipation of different events and situations. Interest rates do the same thing – they change – but they […]
Why Interest Rates Matter to Forex Traders. Interest rates make the forex world go ’round! In other words, the forex market is ruled by global interest rates. A currency’s […]
Here’s an Economic Report, Now What? The market has a tendency to react based on how people feel. These feelings can be based on their reaction […]
Fundamental Data and Its Many Forms. Fundamental analysis involves studying data known as economic indicators. Economic indicators are statistical data points or metrics that provide insights into the […]
What is Fundamental Analysis? Along your travels, you’ve undoubtedly come across Gulliver, Frodo, and the topic of fundamental analysis. Wait a minute… We’ve already given you […]
Trading Fakeouts. Institutional traders like to fade breakouts. So we must like to fade breakouts also. Are you going to follow the crowd, or are you […]
Trading Breakouts. With breakout trades, the goal is to enter the market right when the price makes a breakout and then continue to ride the trade […]
Chart Patterns. Chart patterns are physical groupings of the price you can actually see with your own eyes. They are an important part of technical analysis […]
How to Trade Fakeouts. In order to fade breakouts, you need to know where potential fakeouts can occur. Potential fakeouts are usually found at support and resistance […]
Fade the Breakout. Fade the breakout you say? Was that just a typo? Did you mean to say, “trade the breakout”? Nope! Fading breakouts simply means […]
Support and Resistance Levels Are Tricky. One thing you should remember to note about support and resistance levels is that they are areas in which a predictable price […]
How to Detect Fakeouts. Breakouts are popular among forex traders. It makes sense, right? When the price finally “breaks” out of that support or resistance level, one […]
Measuring the Strength of a Breakout. Let’s take a look at more on measuring the strength of a breakout with the relative strength index. Relative Strength […]
How to Measure the Strength of a Breakout. As you learned earlier, when a trend moves for an extended period of time and it starts to consolidate, […]
More on Different Triangles. Descending Triangles Descending triangles are basically the opposite of ascending triangles. Sellers are continuing to put pressure on the buyers, and as a […]
Channels and Triangles. Channels Another way to spot breakout opportunities is to draw trend channels. Drawing trend channels is almost the same as drawing trend lines except that […]
How to Trade Breakouts Using Trend Lines, Channels and Triangles. Just like breakouts on your face, the nice thing about breakout trading in forex is that […]
Reversal Breakouts. Reversal breakouts start off the same way as continuation breakouts because, after a long trend, there tends to be a pause or consolidation. The […]
Types of Breakouts. When trading breakouts in forex, it is important to realize that there are two main types: Continuation breakouts Reversal breakouts Knowing what type of breakout […]
More on How to Measure Volatility. Let’s do more on how to measure volatility. Yesterday we looked at moving averages. Today we’ll look at Bollinger Bands […]