How can you compare forex trading to trading individual stocks? The forex market and the stock market are equally simple to access, via the same trading account, but there are several key reasons why you might prefer one market to the other: Continue reading “Comparing Forex and Stocks”
Both new and experienced forex traders can be prone to the same mistakes. There are many different ways in which your judgement can be impaired and you can lose objectivity, and invariably these will affect the profitability of your trading. Here we look at some of the most common forex trading mistakes. Continue reading “Common Forex Mistakes”
As a forex trader, you need to be able to turn your strategy into action, to execute your trading plan while managing your risk. Beyond picking individual forex trades, there are some fundamental tips that will help you to become a more confident and competent forex trader. Continue reading “Top Success Forex Trading Tips”
Every forex trader can benefit from accurate signals to trade. A trading signal is simply an indication of when and how to trade a particular forex pair, based on specific price analysis. This could be generated from a manual source or from an analytic program using complex technical indicators. Continue reading “Forex Trading Signals”
Forex Chart Patterns
As a forex trader, one of your most invaluable tools will be the price chart. This is your basis for analysing the trading history of a forex pair and defining your own potential entry and exit points.
Today traders rely on powerful software packages to draw charts from real-time price data, updating with every tick in the market. Such tools, which also allow you to apply complex technical indicators to the price history, can require high subscription fees, but not with InterTrader. All of our clients get free access to the advanced charting package supplied by leading provider IT-Finance. Continue reading “Understanding Forex Charts”