How to Use RSI and MACD Together
Both RSI and MACD are highly effective momentum indicators. In order to use them correctly you need to start by learning how each of them works. Today we will discuss how to read MACD and RSI as well as the…
Forex Blog
Lee Ainslie: A Hedge Fund Maverick
“My mood is best when I execute according to my plan regardless of outcome.” – Derek Hernquist Lee Ainslie III is a trader and a self-made American billionaire who lives in Dallas, Texas. He’s happily married with kids. He got his…
Intraday Forex Trading: Trading Techniques That Work
Every Forex strategy has its share of loyal followers. But the intraday methods seem to always remain among the top traders’ choices. Let’s discover what is intraday trading in Forex and what are some of the Forex trading intraday strategies…
Position Sizing in Forex Trading
With the advent of the Internet, forex trading which was once the exclusive domain of large banks, funds, corporations and high net worth individuals is now available to anyone with an Internet connection and a small amount of money to…
Pros and Cons of Managed Forex Accounts
Between understanding technical market fluctuations and determining how politics will affect the currency market to figuring out how to manage leverage and when to enter and exit for maximal profits, the forex markets can be extremely confusing, and there can…
Return on Equity Ratio | Example | Formula
The term “Return on Equity” or ROE refers to the profitability metric that helps in estimating a company’s capacity to generate profits by leveraging the investments made by the shareholders of the company. In other words, ROE shows the dollar…
Should You Trade Forex During Christmas and New Year?
If you celebrate Christmas but are also interested in forex trading, or perhaps you are even a professional forex trader who trades currencies for a living, you will probably think about forex trading around Christmas. You might think about whether…
Should you trade the FOMC announcements?
The Federal Open Market Committee (FOMC) is the branch of the Federal Reserve Board that determines the direction of monetary policy. The FOMC is composed of the board of governors, which has seven members, and five reserve bank presidents. The FOMC meets eight times per…
Stock Chart Patterns Cheat Sheet
One of the main postulates of technical analysis is that all situations on the market are not unique, but have occurred before. So, knowing how this or that situation has been resolved in the past, you can make forecasts about…
Successful Traders: William Eckhardt
William Eckhardt long ago gained a reputation as a successful trader and mentor in forex trading in the world of finance, and one of the founding fathers of currency trading. Eckhardt is the owner of his own financial company, which…