How to use yearly, monthly and weekly opening points

IC Markets No Comments Tags: , , , , , ,

We’d be surprised if the title did not raise a few eyebrows! Opening points? Well, we can tell you that we’re not referring to pivot point levels. This is a common method. Just type ‘Pivot points forex’ into Google search, and you’ll be inundated with information. The approach we’re going to show here, as far … Continue reading How to use yearly, monthly and weekly opening points

Including Fundamental Analysis In Your Trading

IC Markets No Comments Tags: , , , , , ,

Do you remember the first time that you came across the financial markets, or more specifically, forex trading? Unless you had a keen interest in economics, it’s highly likely that you were almost immediately drawn to technical analysis (T.A). Those attractively colourful indicators, pin-point accurate support/resistance lines and rumours of other technical traders trading for … Continue reading Including Fundamental Analysis In Your Trading

How long will it take before I can expect consistency?

IC Markets No Comments Tags: , , , , , ,

We understand that this is a perfectly natural question, especially for newer traders. Unfortunately, it is difficult to answer. To a degree, we believe it depends on the person who is doing the asking. With that in mind, let’s have a look at some of the key points relating to this subject… Time Learning to … Continue reading How long will it take before I can expect consistency?

Identifying correlations

IC Markets No Comments Tags: , , , , , , ,

Unless you intend on trading one market at a time, it is vital to understand how different instruments interact with one another. A correlation, in simple terms, describes how much (or how little) two markets move together over a period of time. The key thing to remember is that financial markets DO NOT trade in … Continue reading Identifying correlations

Common forex trading mistakes

IC Markets No Comments Tags: , , , , , ,

Mistakes happen. This is a part of life. More importantly, it’s how we learn and progress. Mistakes in the trading business, however, can be costly. In addition to this, it can also discourage newer traders, eventually forcing them to throw in the towel. To help shorten the learning curve, we’ve come up with a brief … Continue reading Common forex trading mistakes