In this lesson I want to discuss intraday tactics that you should be aware of when you start to trade intraday. By intraday I mean very short time frames such as 1 minute, 5 minute and 15 minute charts. This will apply to traders who actively trade and probably trade frequently during the course of [...]
Technical analysis and fundamental analysis are the two main methods of Forex analysis. In Part 1 of how to forecast Forex, we touched on Technical analysis. Now we look at Fundamental analysis. This is the study of the cause of market movement. This is a method of forecasting future price movements or where a currency [...]
A few hints and trading tips are set out below, to assist you to know how to read a Forex chart: • When you buy a currency pair, that is, you long the position, look for the chart of that currency pair to go up, to make a profit on the trade. For this to [...]
