Forex Basics Archives - Forex Crunch

Why Controlling Your Actions, Not Emotions, Makes You a

Natascha Sing — Tue, 18 Jul 2017 13:35:51 +0000

While choosing a particular system or strategy is essential in trading, this alone doesn’t guarantee a successful outcome. In fact, success in Forex greatly depends on the traders’ frame of mind at a given point in time. As of now, Forex market analysis and viewpoints are available in overabundance. There are plenty of websites that...

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Which Type of Analysis is Best?

Natascha Sing — Tue, 21 Mar 2017 08:38:33 +0000

Foreign exchange analysis is utilized by retail forex day traders to determine whether to sell or buy a currency pair at any point in time. Foreign exchange analysis could be technical in nature, such as using charting tools, or fundamental, using news-based events and /or economic indicators. The day trader’s currency trading system use analysis...

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The Top 3 Misconceptions in Adopting FX Technical Indicators

Natascha Sing — Tue, 08 Aug 2017 14:51:37 +0000

The extreme popularity in the subject of ‘Technical Indicators’ accompanied by the latest marketing tactics has pushed them to gradually flood the markets, driving an increased number of dissatisfied traders and major disappointment. The purpose of this article is to go over the top 3 most popular and applied indicators in the Forex market today....

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Improving Your Forex Trading With Support and Resistance Zones

Natascha Sing — Fri, 13 Oct 2017 07:00:11 +0000

Have you ever been stopped out by a pip, or even less than a pip? Just missed that magical entry? Chances are you are still looking at support and resistance as a single horizontal ‘line in the sand’. Because forex is decentralized, the single line method can be very hit and miss, you might have...

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Forex Demo Account – The Basic Broker Check

Yohay Elam — Mon, 24 Aug 2009 09:40:55 +0000

I’ve received a letter from a reader asking me to help him chose between two forex brokers. Before getting into the details, I asked him if he had tested those brokers with a forex demo account. I was surprised that he didn’t even consider it. This is very important: you should always test a broker...

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Forex Demo Account for Money Management

Yohay Elam — Tue, 28 Apr 2009 13:00:31 +0000

A Forex Demo Account is an excellent tool for learning Money Management. In order to get the best out of it, there are a few important things to keep in mind. This is the second post in the series. Forex Money Management In short, money management is controlling how much of your account you want...

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Forex Demo Account for In-Trade Psychology

Yohay Elam — Thu, 30 Apr 2009 10:07:40 +0000

A Forex Demo Account cannot really simulate how you’ll act when a trade is open in a real account. Yet, there are still a few things that can be done. This is the third post in the series about forex demo accounts. I’ve already dealt with aspects of psychological pressure when using a forex demo...

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Forex Demo Account for Technical Analysis

Yohay Elam — Mon, 27 Apr 2009 13:00:18 +0000

Opening a Forex Demo Account is a great way to practice technical analysis. There’s only a minor difference between having a real account and a demo account at this stage of technical analysis, and you can learn a lot. This is the first post in series of posts. Small Psychological Difference A Forex Demo Account...

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Forex Demo Account – When to go Live

Yohay Elam — Tue, 27 Oct 2009 13:27:22 +0000

In another post in the series about forex demo accounts, a serious question is: when to go live? When do you leave the practice account behind, and put real money in forex? I’ve already written that a demo account isn’t only for newbies, so the answer depends… If you’re a seasoned forex trader, you’re probably...

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5 Best Forex Trading Indicators to Use

Gary McFarlane — Wed, 15 Dec 2021 09:20:08 +0000

In this article, we will look at the best technical indicators used by forex traders around the globe. Before we jump to the individual indicators, let’s understand first what technical indicators are and how you as a trader can make use of them. If you want to also learn more about forex trading, you can...

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