My free forex training

The Forex (Foreign Exchange Market) is an online trading world-wide trading market where you can buy and sell currencies. You do do online Forex trading 5 days per week, 24 hours per ...

Notice that I dropped the “simple” part of Forex Strategies? There’s a reason for that. Hedging is a much more complex concept, and includes a lot of variables. This is something ...

So yesterday I was talking about a simple Forex strategy that allows you to take advantage of a trend, and also the small reversals in the trend. The idea was to open an order along ...

Continuing the discussion of whether to go for big movements or small movements from yesterday, when I talked about “locking in” profits after small moves to reduce risk as the ...

A continuation of the simple Forex strategy discussed yesterday, where you trade with small stop losses and larger take profit levels. While this will statistically lead you to a overall ...

Now, the simplest strategy of them all, and where most people start when they get their first live Forex account, is handling your stop loss, take profit and trailing stop levels. This ...

Often an overlooked tool in your Forex toolbox, the trailing stop is just as useful as the stop loss, and by itself can even be considered an investment strategy. It’s sort of a combination ...

If you’re anything like me, then you’re enthusiastic about Monday’s opening and eager to sink your teeth in to some succulent new trades. Since the weekend is over and we are ...

After all that depressing talk about stopping loss, let’s switch to a brighter subject: profit. We all like profit, don’t we? Cool! As you’ll recall, the take profit function ...

Let’s go back to the example I brought up a couple of days ago, where you were buying one lot of GBPUSD at 1.5000 with the expectation that it will go to 1.6000. You’ve just snapped ...