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AndyW Blog » 2020 » September

Archive for September 2020

How To Trade The Butterfly Pattern in Forex?
Forex Trading
September 30, 2020 Comments Off on How To Trade The Butterfly Pattern in Forex? Andy W

How To Trade The Butterfly Pattern in Forex?

The Butterfly Pattern is a harmonic reversal chart pattern, which can be both bullish or bearish. After a number of

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How To Use TradingView Like A Pro?
Forex Trading
September 28, 2020 Comments Off on How To Use TradingView Like A Pro? Andy W

How To Use TradingView Like A Pro?

TradingView is a popular web-based charting platform that offers traders a broad set of charting features. It offers a lot

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How to use the GDP (Gross Domestic Product) in Forex Trading?
Forex Trading
September 26, 2020 Comments Off on How to use the GDP (Gross Domestic Product) in Forex Trading? Andy W

How to use the GDP (Gross Domestic Product) in Forex Trading?

The Gross Domestic Product (GDP) represents the monetary value of finished goods in a country’s economy. GDP is typically evaluated

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How Forex Traders Use ISM Data in Forex Trading?
Forex Trading
September 24, 2020 Comments Off on How Forex Traders Use ISM Data in Forex Trading? Andy W

How Forex Traders Use ISM Data in Forex Trading?

The Institute for Supply Management (ISM) gauges economic activity including both manufacturing and service areas. The ISM data is released

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How to Use the Producer Price Index (PPI) in Forex Trading?
Forex Trading
September 22, 2020 Comments Off on How to Use the Producer Price Index (PPI) in Forex Trading? Andy W

How to Use the Producer Price Index (PPI) in Forex Trading?

Producer Price Index (PPI) serves to measure the difference in the price of final products and services sold by its

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Long vs Short Positions in Forex Trading
Forex Trading
September 20, 2020 Comments Off on Long vs Short Positions in Forex Trading Andy W

Long vs Short Positions in Forex Trading

Understanding what it means to take a long or a short position in the Forex market represents essential knowledge and

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How to Avoid False Breakouts in The Forex Market?
Forex Trading
September 18, 2020 Comments Off on How to Avoid False Breakouts in The Forex Market? Andy W

How to Avoid False Breakouts in The Forex Market?

As in all financial markets, a false breakout can occur when trading Forex as well. Also known as a “fakeout”,

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5 Best Trend Indicators That Work
Forex Trading
September 16, 2020 Comments Off on 5 Best Trend Indicators That Work Andy W

5 Best Trend Indicators That Work

Traders widely use different trend-following strategies in the Forex market as it’s one of the most common ways to take

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How to Backtest a Trading Strategy Even if You Don’t Know Coding?
Forex Trading
September 14, 2020 Comments Off on How to Backtest a Trading Strategy Even if You Don’t Know Coding? Andy W

How to Backtest a Trading Strategy Even if You Don’t Know Coding?

Backtesting is a process of testing your trading strategy predicated on historical price data. Successful Forex traders employ backtesting to

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3 Swing Trading Strategies That Work
Forex Trading
September 12, 2020 Comments Off on 3 Swing Trading Strategies That Work Andy W

3 Swing Trading Strategies That Work

Swing trading refers to a trading strategy that traders use to attempt and capitalize on price movements or swings. The

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