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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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How to Calculate Maximum Drawdown?
Forex Trading
September 10, 2020 Comments Off on How to Calculate Maximum Drawdown? Andy W

How to Calculate Maximum Drawdown?

Maximum drawdown refers to a significant trading measure of a maximum equity loss you’ve incurred in your portfolio. It’s a

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How to Trade in a Bear Market?
Forex Trading
September 8, 2020 Comments Off on How to Trade in a Bear Market? Andy W

How to Trade in a Bear Market?

A bear market refers to the market that has plunged 20% from its last high over a period of two

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What Is Forex Day Trading?
Forex Trading
September 6, 2020 Comments Off on What Is Forex Day Trading? Andy W

What Is Forex Day Trading?

Forex Day Trading refers to placing and closing orders within a single trading day. Day trading is very popular among

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