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Forex Tips & Tricks
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Using Renko Charts to Exploit Divergence Set Ups – Part 1
This article combines the edge that comes from using the Renko charts and explores the idea on how to pick better entries (dips and rallies in a trend) staying within a trend following method. In this first article, we define the common issues faced with picking the dips and rallies and also explore the advantage of divergences that are a common occurrence in the markets and how we can exploit these simple points while analyzing the financial markets.Forex Brokers Should Have These 5 Things
Daily Forex market capitalization is up to $4 trillion, makes it the world’s biggest financial market. Daily price fluctuation is up to 100 to 200 pips in normal market condition, which equals to about $1,000 to $2,000. If you entered the market in the right side, you could gain a lot of money.The Worst Is Yet To Come
After listening to Clinton’s recent speech about the great income inequality and her rendition of the economic failings of late as so often with political rhetoric they always fail to get it right. Sure, there is the greatest wealth disparity gap in our history, millions of middle class wage jobs have vanished and what jobs there are still don’t pay enough to keep pace with the ever rising cost of living. So what to do?New To The Forex Scene? Try These Simple Forex Trading Strategies
Trading on margin has the effect of a money multiplier. But you have to use it properly, otherwise your losses could amount to far more than you ever would have gained. Margin is best used only when your position is stable and the shortfall risk is low.Best And Worst Times To Trade In The Forex Market
Did you know that you need to trade at specific times of the day in order to make a good profit? Here are some of the best and worst times to trade Forex: Best Times To Trade – European-North American Overlap: this is the time when both the New York and London trading centers are open. During this time, you are able to trade using all the European currencies.