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FOREX TRADING RISK MANAGEMENT TIPS

Trading the foreign exchange market (FOREX) can be so rewarding and at the same time detrimental if not done according to set rules.An unruly person can find his way to success in any field of endeavor, but when it comes to forex trading, its a differentball game entirely. Trading successfully is 99.99% impossible without some […]

Chart Forecast: AUDCAD Showing Some Bullish Momentum (1)

Price has been trending to the upside right from the 21st of March, The buying momentum has been very strong after price hit a support @0.80700 and breaking out of a descending channel. Price broke out from descending channel and currently making its bullish corrective structure which we are going to be waiting for a breakout to […]

USING THE RIGHT LOT SIZES WHILE TRADING

It is imperative to understand that the FOREX TRADING environment is a boundary-less environment and it offers you unlimited access to trading decisions. It is of utmost importance to surround ourselves with some set of rules which could help in guiding our steps in this boundary-less environment we are exposed to as Forex traders. Setting […]

Chart Forecast: USDCHF Potential Buying Opportunities

Date: Aug 19th- 2020 Price approach our weekly support level which has been moving on a ranging/consolidated market. Moving down lower to Daily Chart. We could spot out two major descending channel. The first one which is the main channel drawn on our chart and the second one is the smaller channel drawn inside the […]

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