Successful Forex Trading Strategies

Forward Business Planning

This post is part of the free beginners Forex course Success in Forex trading depends largely on strategy, but strategy alone will not make you a profitable trader. Successful Forex trading requires discipline and risk management in addition to a sound, time-tested strategy. As a Forex trader, it is essential that you develop a strong…

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Forex Market Hours – Best Time To Trade Currencies?

This post is part of the free beginners Forex course One of the greatest features of the foreign exchange market is that it is open 24 hours, five days every week (closed Saturday and Sunday). However, a trader can buy and sell currencies at any point when a single market is open. As we will…

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Forex Math: Lots, Pips, and Risk

This post is part of the free beginners Forex course As the common saying goes, when trading you have to buy low and sell high. However, you can also try to sell high and buy low. That may sound peculiar, but in currency trading when you sell a currency pair, you are essentially buying the…

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Forex Market Basics

This post is part of the free beginners Forex course The Foreign Exchange currency market comes with its own technical jargon that could be confusing to the average person. Before going any further, it is important to understand some of the basic terms, terminologies and concepts to better understand the forex markets. Here is what…

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How to Trade Price Action

This post is part of the free beginners Forex course The term used to describe the analysis of the price movement over time is “price action”. Traders use price action in order to determine the consistency of any recurring chart pattern, which provide clues as to whether the trends will continue or reverse. Traders also…

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