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.
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This Forex tool is able to smooth out long-term price trends helping its users to more easily detect short-term market tops and bottoms.
This article explains the basics of candlesticks in Forex technical analysis.
Candlestick patterns are used extensively in Forex trading. This article describes a few that are the most popular:
Top Forex Brokers
A basic explanation of how to use candlestick charts in your Forex strategy. The candlestick method predicts Forex trends in Forex trading.
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.
Price consolidation boxes are delineated by resistance and support levels.
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.
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.
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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 financial markets of the world have been through quite a roller coaster over the last year or two.
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.
The commodities markets have proven to impact the world throughout the generations.