LEARN FOREX: How to Effectively Use a Trailing Stop
Actively managing stops is just as important as entry execution. As the EURJPY begins to trend lower, learn to manage your trades using a fixed trailing stop.
Actively managing stops is just as important as entry execution. As the EURJPY begins to trend lower, learn to manage your trades using a fixed trailing stop.
The Ichimoku indicator is a forward-looking technical trading system with the primary goal of being able to provide the entirety of a traders’ analysis in one glance.
Chances are you can build a strong trading system that will allow you to reach your goals if you can keep your losses small. This article will walk you through how to systematically keep your losses small so you can focus on the rewards of trading well.
Range traders have two distinct opportunites to trade. Learn to plan for a breakout using OCO orders as the GBPNZD continues moving in its 482 pip range.
Timing trades with the trend can be a difficult skill to master. Learn to time trades with the 416 pip EURGBP upend, using the Rate of Change indicator.
The ability to measure distances between prices and periods on the charts is extremely helpful for every trading strategy. That’s why the ruler tool has become more of an essential need than an option for the vast majority of traders.
Trading trendlines is an important skill for breakout traders to master.Learn how to set breakout entry orders, as the USDCHF moves higher against its 756 pip trend.
Our @DailyFXedu Twitter handle has begun to tweet out trade signals based on elementary but effective technical triggers. Join us every Friday as we breakdown the closed trades to provide you with a forward looking lesson to enhance your trading.
The NZDUSD has retreated from its September high of 0.8356. Yesterday, NZDUSD closed and bounced off the 23.6% Retracement and now looks to continue the uptrend as the USD gets hit across the board.
You were taught how to trade exotic currencies safely and with a steady hand last week. Now, learn how to take advantage of the Carry Trade with these robust economies.