Avoid Newbie Forex Trader Mistakes Our Forex Signal Trading Team has many years of Forex trading experience. We hope to share with you a few newbie Forex trading mistakes that we have observed over the…
Posts By Teri Patterson
Today’s Job’s Report, Tomorrow’s Fed Rate Hike?
The US NFP Jobs Report revealed an increase of +211K jobs in November. This is +17K above the forecast. Additionally, the unemployment rate holds and wage growth retrenches back to +2.3%.The overall data fits into…
Forex Trading Basics | Trading Long and Short
Forex Trading Basics: How Does A Trade Work? When trading Forex, all transactions are made involving currency pairs. While you may enter a buy or sell position whenever you trade any Forex currency pair, essentially…
Forex Currency Codes and Nicknames
Currency Pair ISO Codes When trading Forex, currencies are not referred to by their full name. Instead, the International Organization for Standardization (ISO) developed abbreviation codes for each currency. Here are a few ISO Currency Codes EUR = Euro Dollar…
Forex Candlesticks Hammer Formations – Trend Reversal
Forex candlesticks behavior can reveal future market trends and current market sentiment. For example, the Hammer or Hanging Man candlestick formation, which we will refer to as Hammer Formations, can indicate trend reversals. With their small bodies and…
Spotlight on the Euro
The Euro saw little change today against the USD after the Euro-Zone ZEW Survey revealed that financial experts throughout Europe believe that economic advancements are less favorable in the Euro-Zone than previously believed last month. Read article
Forex Traders Prefer Candlestick Charts
A Brief History Of Candlestick Charts As early as the 1600’s in Japan, candlestick charts were developed for predicting rice prices. Interestingly enough, rice futures was one of the world’s first commodity futures markets. This explains…
More Reasons to Trade the Forex Majors
Many currency pairs, including the AUD , CHF, and NZD, are seeing larger than usual gaps between the bid and ask prices as increasing spreads are becoming more and more common. But the good news…
MT4 Trading: Understanding the Stop and Limit Pending Order Feature
Sometimes when a Forex trader starts using MetaTrader4 (MT4), especially if he has previously used other platforms, there is a level of confusion at the terminology MT4 uses for placing pending orders. So let’s check…
Forex MT4 Hosting – An Essential Ingredient for Success
Forex trading is much easier than it used to be, and now easier than ever with Forex MT4 hosting. Exactly what does this mean and why does it matter? Forex MT4 Hosting MetaTrader 4 (MT4)…
