Learn trading for free

Learn how savvy traders are able use Fibonacci retracement ratios to calculate support and resistance levels in their forex trading strategies.

Before you select a suitable Strategy Manager, you have to identify your own trading profile. Ask yourself the following questions: Are you a beginner or an advanced trader? Are you an aggress...

In order to better follow the tips above, it is always recommended that you have defined strategy. Figuring out when you will enter and exit a trade is a prerequisite before you open a live position. ...

When trading, the balance refers to the amount of money a trader has in their trading account. However, it’s important to remember that this amount does not include any profits or losses a trader migh...

Now that we are familiar with the principle of trend, it’s time to get into more detail about the three main types of trend directions. Let’s talk about uptrend first. An uptrend is a series of suc...

A trend reversal marks the end of an existing trend and the beginning of a new one. A reversal may happen in any timeframe and can mean the difference between a big win, a break-even, or a loss. Being...