Grow Your Trading Edge Using Correlations

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Whether you trade one market or a number of markets, correlation analysis is indispensable. Correlation defines how much (or how little) two or more instruments move together over a period of time. Knowing how currency pairs communicate with one another and their relationship with surrounding markets, such as commodities, bonds and equities, can help traders … Continue reading Grow Your Trading Edge Using Correlations

Common forex trading mistakes

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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

What snipers can teach you about trading

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A military sniper’s edge is not only crucial, it’s also extremely extensive! Determining distance, selecting camouflage, preparing a suitable location, making sure that the rifle is well-sighted, having the correct mindset and showing patience are just some of the components that help form a sniper’s edge in the field. Without it, there could potentially be … Continue reading What snipers can teach you about trading

A basic introduction to the different order types used in the forex market

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Have you ever found yourself unsure of what order to use, or where to correctly position it? If you have, then this article will help in providing a good foundation. It’s surprising how often we find traders that do not understand even the most basic entry order techniques, yet they feel they’re ready to tackle … Continue reading A basic introduction to the different order types used in the forex market