Why Does Technical Analysis Work?

Why Does Technical Analysis Work?
By Learn to Trade

Have you ever wondered what makes technical analysis of a market really work? Take support and resistance levels for example. If you observe that the EUR/USD is struggling to get past the 1.17 level, is there some magic ceiling there that is preventing […]

Why you can’t trust Trump when it comes to the dollar

Market update today
By Learn to Trade

What do you do if you want a currency to move 100 pips in 24 hours in mid-August? The answer is simple; wait for a President to talk down his currency and criticize his central bank. No, this is not Turkey, this is the US, where President Trump pulled […]

Turkey bailout fails to boost TRY, as Italy weighs on the euro

Market update today
By Learn to Trade

The Turkish lira is the worst performing currency in the FX space today after a spokesman for the German Chancellor ruled out financial assistance for Erdogan’s government. Considering today sees the final tranche of bailout money handed out to Greece, […]

Using Technical Indicators in Forex Trading

Using Technical Indicators in Forex Trading
By Learn to Trade

Technical trading indicators is something traders spend a lot of time trying to understand, and, to be frank, we also spend lots of time teaching it. Probably driven by the excitement of testing out new indicators and the hopes of finding that one stra […]

Managing FOMO: Emotional Challenges Traders Must Overcome

Managing FOMO: Emotional Challenges Traders Must Overcome
By Learn to Trade

The fear of missing out – commonly known among traders as FOMO – is a very real thing that everyone who has ever dipped their toe into trading has felt. With forex markets open 24 hours a day and full access to an entire world of fast-moving markets fr […]

The Most Important Number of the Month in Forex

The Most Important Number of the Month in Forex
By Learn to Trade

Although it may feel like some kind of computer game at times, it should be no surprise that the forex market is driven by events that take place in the real world. To be more precise, we are mostly talking about economic data releases from various cou […]

How to Profit from Candlestick Patterns in Forex Trading

By bsuper

Did you know that it is possible to design a trading strategy entirely around the most basic elements of a chart – the candlesticks? The truth is that this is not only possible, but many traders are actually having huge success doing it. Even entire bo […]

Forex Trading Opportunities in August

Forex Trading Opportunities in August
By Learn to Trade

While July was certainly an eventful month in the forex market, August is currently setting up to become even more exciting. Among the things we have seen unfold over the past month is an intensified trade war initiated by president Trump, a sharply we […]

August Trading Insights from David Long

August Trading Insights from David Long
By David Long

Yet another testing month is behind us. With the US dollar still stuck in the range between 95.20 and 93.40. Commodities fell early on in the month thanks to trade war escalating, but as the war disappeared from headlines the commodity market found a f […]

Idea of the day: Can Apple save tech?

Market update today
By Learn to Trade

Apple will announce its earnings at 2130 BST this evening, and it is easily the biggest event for stock markets today, even this week. After some big earnings misses from the likes of Netflix, Facebook and Twitter, the heat is on for Apple to deliver a […]