US Dollar: Are The Rallies Sustainable? Military conflicts and strong economic data support the outlook for USD-related assets. Disconnect between technical and fundamental perspectives suggest traders should wait for price breakouts before structuring new positions. […]
The EUR/USD currency pair has been under severe pressure and this has been due largely to the fact that the European Central Bank (ECB) is contemplating more stimulus programs. If these turn out to be […]
Breakout trading is the practice of waiting for significant support or resistance levels to break before entering into new positions. This ultimately signifies a new trend is in place.
Ranges are seen in the financial markets any time there is a clear support and resistance level that is able to contain prices for an extended period of time.
Trends are typically defined as having a series of highs and lows (at least 3) that are formed consecutively.
Daytrading: Choosing a Forex Trading Platform If you are ready to start forex trading with a live account, one of the most important tools you will use will be your trading station. This is accomplished […]