Why Technical Analysis is Best When it comes to learning how to read the Forex Markets you have a few choices, you can do so by using Fundamental Analysis, you can do so by using Technical Analysis, or you can do so by using a combination of the two. Your… read more →
Forex Factory Intro The most popular Forex Forum online is, and has been for a long time, the Forex Factory. There are some great benefits but also some disadvantages which is what I want to talk about in this post. Since I am a person who always prefers the positive… read more →
Do RSI, Stochastic, MACD and Bollinger Bands Work? Most new traders will have come across all of the overbought/oversold style indicators that are out there and think that they are the edge. I remember back when I first started I read up on “the theory” behind various indicators and thought… read more →
The Decision Starts With Where You Live If you live in the U.S, or are a U.S citizen living outside the U.S without a 2nd Passport, then your options are very limited from the start. I know it was supposed to be the land of the free but it appears… read more →
What is a Tick Chart? Tick charts are very similar to the standard time based charts except that the opening and closing of each bar/candle is based on how many transactions have been made / how many incoming ticks your platform is getting. This is where it gets very different… read more →
If you have been looking in to trading or have been trading for a while, you will have seen all the risk warnings on every website you visit. Obviously this is for legal reasons and basically mostly about website owner/s covering themselves. It is beyond that obvious reason that I… read more →
What is Median Renko? Median renko is very similar to the standard renko except that the opening price of the new bar is placed in the middle (median) of the previous bar. This is where it gets the name of median renko and the image just above will give you… read more →
The ElectroFX toolbar is now available as a free download to help you stay in touch. I am not entirely sure how useful this will be for anyone because all it takes is bookmarking this site and checking in daily. That said, we are all different with different preferences so… read more →
