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Elliot & Ichimoku
When trade size gets out of hand and too large, all the analysis in the world is worthless.
Each Forex trade is placed by selecting the number of lots you would like to control.
A common question traders ask in our courses is how much leverage should I use?
Risk management is important whatever the traded instrument but especially for anyone using margined products such as the Forex.
For ease of use, most online trading platforms automatically calculate the P&L of a traders' open positions.
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Trading Forex requires great knowledge of technical indicators and fundamental events.
Many traders know that they need to place stops, and if they don’t know they will likely learn very quickly.
A trader will learn many things in their career, but no lesson is as important to master as risk management.
Forex trading is a very cost-effective market relative to other markets.
More simply though, a pip is what we in the FX would consider a “point” for calculating profits and losses.
Here is a simple example of a speculator (we will call him a futures trader) executing a trade and how it would work.
Fundamental analysis is a method that attempts to predict the intrinsic value of an investment.
While economic indicators are often seen as a fundamental currency trading tool,they're often just as ...
A leading indicator is a tool designed to anticipate the future direction of a market, in order to enable traders to predict market movements ahead of time.
A lagging indicator is a tool that provides delayed feedback, which means it gives a signal once the price movement has already passed or is in progress.
The Ichimoku Cloud is a form of technical analysis that was developed by a Tokyo newspaper writer in the 1960’s.