Most traders trade without backtesting a strategy. That’s is the biggest mistake of a retail trader. Even if you learned a strategy from our website, you need to backtest that strategy before trading on a real account. If you have…
Three Drives Pattern
A reversal pattern which indicates three consecutive and symmetrical attempts by the price to achieve a target price and then reversal is called three drives pattern. In this article, I will explain about the three drives pattern, psychology behind this…
Forex vs Stocks: Main differences
Like beginner traders, if you wonder what the difference between forex vs. stocks is, don’t worry after completing this article; you will be confident enough to choose which market suits your needs and expectations. Five key differences between Stocks and…
Bollinger bands strategy for intraday
This article is going to be very interesting because we will explain the most profitable and the easiest way to trade forex using Bollinger bands. The most interesting thing about this strategy is that we will use price action with…
Forex Trading Sessions
For a beginner, the most important thing to understand in Forex is the Forex trading sessions so that he/she can find out at which time of the day is best for trading. You must have heard that Forex is a…
What is moving average in forex
Moving average is an indicator that is used to determine trend direction. Add all the data points of a specific currency pair over a specified time interval and then divide a total number of data points. This is a simple…
All Types of Forex Orders
Understanding types of Forex Orders is very important if you want to be in Forex for an extended period. All the Forex trading is done through brokers, and there are multiple brokers to choose from depending on where you reside,…