Today we will discuss a viral topic among traders: is Forex trading easy or hard? Trading currencies may be similar to trading stocks or commodities, but there are it's own features. So here is an answer for beginners, Forex trading is very complicated, but it's very engaging. If you jump into trading without any research, indicators, or financial background, visiting a casino is a better choice. However, if you build your trading strategy and strict risk management rules, Forex is a relatively easy way to earn. Let's find out how hard Forex trading is and what you can do to simplify the process.
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How to Identify and Trade the Rectangle Pattern
5:32 AM
Aug 21, 2020
8198
A rectangle pattern is a continuation pattern that forms a trading range during periods after high market volatility. Buying at the support and selling at the resistance is the primary strategy that may bring good profit. This post will take a closer look at the rectangle chart pattern strategy. We will also discuss what the rectangle is and how to identify it.
What is Price Action Trading and How to Use This Strategy?
2:43 PM
Dec 1, 2019
16258
Today we will talk about price action trading. Did you know this strategy is one of the most popular used in Forex and other financial markets, such as stock market, crypto, and commodities? Moreover, it is obvious even for beginners who just started their trading career. You can meet various trading action patterns, but there's nothing complicated in it, as every indicator is derived from price, so it makes sense to learn this strategy and understand the market. Keep reading if you are interested, as we also cover the main steps for price action trading.
Not Successful Yet? Here's What You Need
5:52 PM
Nov 20, 2019
11341
In this article, I will not tell you about the standard features that any trader should have. Such as discipline, confidence, patience. These traits are required for every trader to get at least some profit on Forex. I want to talk about real success - about the ability to receive consistent income from trading.
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