This is my second article about RSI. In the first article, I have talked about RSI support/resistance breakout which is one of the RSI’s exceptional features: RSI Support and Resistance Breakout
This is our third article about RSI. We have already talked about RSI support/resistance breakout and divergence/convergence. To have a complete knowledge about RSI, I recommend you to read all these articles carefully: Continue reading The Importance of RSI 50 Level to Confirm the Trade Setups
Before I tell you what the Pi cryptocurrency or π is and how you can mine it for free on your phone, let me tell you a short story about another cryptocurrency which is called Bitcoin. Most probably you have heard the name Bitcoin, but you don’t know the story of this famous and mysterious cryptocurrency: Continue reading How to Mine Pi with Your Phone
You should not be afraid of this apparently advanced trading topic: Elliott Waves. It is very easy to learn and understand. In this article, I am not going to talk about the history of Elliott Wave and things like that. This information can be easily found over the Internet. But what is hard to find over the Internet is a clear and easy to understand explanation about the ways you can use Elliott Wave in your trading (1) not to enter against the trends and strong markets’ participants, and (2) enter at the right time to catch the strong movements and follow the trends. That is why this article was written. Continue reading Elliott Wave Analysis For Beginners
In this article, I will talk about the demo trading and its importance. I see that some traders believe that demo trading is not a good practice because you know that you are trading with the demo money, and so you don’t trade with discipline. They believe demo trading causes the novice traders not to learn to trade with discipline, and this will be ended to failure eventually. When you know you are not trading with your real money, then you don’t care to lose, and so you can make all the possible mistakes, like taking any weak and strong trade setups you locate; taking positions while there is no trade setup; over-trading etc. It will be a disaster if these bad actions become a habit in you. Continue reading Demo Trading vs Live Trading: Are They Exactly the Same?
Money management in Forex trading is one of the most important problems of new and even advanced Forex traders. Almost everybody can find a good trading system that can be profitable, but something that causes the traders to lose and be negative at the end of the month, is lack of a proper money management strategy and discipline. Although money management is so important and critical, it is very easy to follow. Continue reading Money Management Is the Critical Part of Forex Trading
Do you know what the biggest advantage of long time frame trading is? You don’t go against the main direction of the markets. This is what I have explained in my last night video. Please watch and like the video. Also please don’t forget to Subscribe to Our YouTube Channel. not to miss our videos.
It is very easy to find hundreds of articles on risk/reward ratio in forex trading. Continue reading What Is the Proper Risk Reward Ratio in Forex Trading?