This page highlights the forex pairs making the biggest price moves in the strongest trends. You may find this useful for identifying swing trades based on strongly trending forex pairs. Best Swing Trading Currency Pairs – Updated Weekly The following […]
Holding a forex trade through the weekend presents gap risk as well as large spreads on Friday evening and Sunday evening (Eastern time). Traders opting to hold through the weekend should learn how to navigate these potential dangers. Even holding […]
Whether you want to day trade or swing trade forex, here are some guidelines on how much money to start with, depending on what your goals are. Below are summary charts of how much capital you need to day trade […]
Many forex brokers offer trading via Contract for Difference (CFD) in oil, gold, the S&P 500, Dow Jones Indexes, and other commodities and financial products. These are based on futures contracts and don’t trade like currencies. These other products can […]
A look at how high and low volatility affects day trading in the EURUSD, how to determine current volatility, and how current volatility compares to historic averages. The article looks at overall volatility and volatility by hour of the day […]
Learn strategies for day trading the non-farm payrolls (NFP) report, one of the biggest market-moving events in forex. These are strategies you can build off whether day trading the EURUSD or the GBPUSD. You’ll learn ways to make money trading […]
Trading statistics are key metrics that show how you are performing. Tracking and monitoring your statistics is important if you want to improve, as these statistics highlight strengths and weaknesses in your trading. ForexTester, an easy-to-use backtesting and trading-practice software, […]
See scenarios for how much forex day traders can make based on their win rate, risk/reward, position size, and number of trades. In forums and in emails I receive, a common question is “How much money can I make day […]