It is a fact that the US is the largest economy in the world, and the UK is the fifth largest economy. The British Pound Sterling is also one of the most popular currencies in the world, as it is the third most traded currency. So if you'd love to trade GBP/USD or at least read about the GBP USD trading strategy, it is time to read our guide!
Latest Articles
3 More Indicators That Are Not Worth Your Attention
11:55 AM
Feb 10, 2021
6922
Let's get back to the topic of trading assistants that are not worth your time and money. In the last article, we talked about two types of such indicators. Today's three programs will close the top five.
How Long do Traders Hold Their Positions?
6:58 AM
Dec 3, 2020
7532
One of the most challenging things in Forex trading is understanding when it's time to close your position. Many traders can not close the position when it keeps rising, but at the same time, they are waiting for the chart to turn around when they lose money during a trade. So timing is everything, and you do not have to overhold positions, as it usually decreases your profits. There are four common types of traders: scalpers, day traders, swing traders, and long-term traders. So let's take a closer look at each type of trading.
Trade the Trend Safe with the "Three Indians Pattern"
3:24 AM
Aug 25, 2020
13706
Today we will talk about a universal pattern that gives signals in both directions depending on a trend. Trend trading is a good way for beginners to learn the trade, but you should remember that nothing lasts forever. A trend can quickly reverse into a countertrend and drag your trade into the red, while the big players will record their super profits. It’s important for you to learn how to draw resistance or support lines for the Three Indians pattern and find the entry point correctly. Keep on reading.
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