Identifying Trends One way of identifying whether a particular forex pair is trending upwards or downwards is to simply plot a series of short, medium and long-term moving averages on your price chart. I like to use the 20, 50, 100 and 200-period … [Continue reading]
Profile Page Changes on eToro If you are a trader or a copier on eToro, you will know that everybody's profile page used to show their overall profit (as a percentage) for the previous 12 months. This was quite useful because it obviously gave an … [Continue reading]
A Profitable January It is fair to say that my account is still suffering from the drubbing it took in November and December, which as I said before, was one of the worst times that I could have opened an account and started trading … [Continue reading]
If you are day trading the forex markets, it is important that you trade those currency pairs that have tight spreads first of all, but it is also a good idea to trade the more volatile pairs that have large average trading ranges every day because … [Continue reading]
Introduction A lot of traders tend to focus on the British pound, the US dollar and the Japanese yen when trading the currency markets, but there are a few other pairs that have relatively low spreads, and are potentially very profitable to … [Continue reading]