Successful trading and investing demands a great amount of knowledge, financial management and risk management. Online trading platforms made it easy for everyone to participate in the financial markets. Nowadays you have the stock exchange on the tip of your finger. With an instant access to real-time share prices and Forex trading, it seems traders are just a couple of clicks away from wealth. Unfortunately, it is not that easy. If you are wondering where to start from, our trading basics section is for you.

How to Choose a Forex Broker

Here are the five main factors that you need to consider when choosing a Forex broker! 1. Pick a regulated and secure Forex broker Trust is the most important currency of all and that’s even more true when it comes to a giving your hard earned money to someone you don’t know. How can you…

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Divergence and How to Use It in Trading

bitcoin rsi divergence

If you have been following us regularly, you must have noticed how often we use the word “divergence” in our analyses, usually when expecting a trend reversal. A divergence occurs when the price reaches a new extreme, while the line of the indicator, which measures the force behind the price move, does not. It means that…

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Gold Shows Why Discipline Is Crucial

On December 15th, 2015, we published an article, called “Gold Ready for a Post-FED Explosion?”. The FED was about to raise interest rates on the very next day, December 16th, so it was clear that an increase in volatility was going to occur. So, we applied the Elliott Wave Principle in an attempt to predict…

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Support And Resistance

If you are new to technical analysis, you may have already heard about the “levels of support and resistance”, since they are among the most important things. But what do the terms “support” and “resistance” really mean? Well, technical analysis is hard to understand without a chart, so let’s see one. A support level is…

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Charles Dow and The Theory of Trends

Charles Henry Dow (1851-1902), born in Sterling, Connecticut, was a newspaper journalist during his whole life. In 1882, two years after moving to New York, Dow co-founded “DowJones&Company” with Edward Jones and Charles Bergstresser. The company’s offices were right next to the New York Stock Exchange. This location was important, because customers on the NYSE…

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The stop-loss order and why you MUST use it

If you were a boxer, you would inevitably receive some punches during a match. The important thing is not to take a hit so hard to knock you out. If you do, the game is over and if the punch was hard enough, your career could be over as well. When you are a trader,…

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