4 Important Parts Of Your Trade Journal

Forex trading experts achieved success in this endeavor by making use of a complete trading journal. Aside from keeping track of your ideas and profits, you should also monitor your risk management decisions and manage your emotions by including these in your trade journal. These components make a trading journal complete and useful: Continue Reading;

Different Kinds Of Trading Divergences

Learning how to identify divergences can be a handy advanced trading tool, as it is often used to predict reversals or continuations in price action. Looking at divergences means watching the highs or lows of the currency pair and comparing it to the highs and lows of the oscillator. The kinds of divergences can be grouped into four main ones. Continue Reading;

How To Improve Forex Trading Profitability

Once you’ve already mastered fundamental and technical analysis, you should start coming up with ways to maximize trading profitability. Some traders are able to achieve this by using forex trading books, working on their trading psychology, or coming up with mechanical systems. For those who don’t want to use up additional resources at first though, here are some simple ways to improve profitability in forex trading: Continue Reading;