CFDs and Spread Bets are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.5% of retail investor accounts lose money when trading CFDs and Spread Bets with this provider. You should consider whether you understand how CFDs and Spread Bets work and whether you can afford to take the high risk of losing your money. Please seek independent advice if necessary.

How to Crack the Forex News Trade

Trading major news events like NFP (Non-Farm Payrolls), FOMC, or RBA announcements, etc can be a bit of a dangerous activity, and to anyone who’s experienced it before you know how badly the volatility can ravage your account. However, to …

The Impact of Tariffs & Trade Wars

Whilst the US and China trade war has featured daily in headlines across the globe, a looming red blooded trade war has been flying under the radar. We’re talking about the US and Europe. With the likelihood of tariffs being …

Learning how to code in MQL4. Part 1 – Our Strategy

Ok traders, this is a bit of a new one for me, but today we’re going to get cracking with our first lesson in MQL4 coding for MetaTrader 4. As I’m learning at the same time as I’m writing this, …

How to Trade Volatility Compression Patterns (VCP)

When it comes to timing the markets, all too often traders and investors struggle to resist the urge to buy for the sake of buying. And, this is usually without the presence of a valid trade setup or price pattern. …

How to Trade the Broadening Wedge Pattern

The broadening wedge has always been a bit of a mystery to me. While it can be quite a profitable pattern, it has a tendency to play tricks on us traders if we’re not careful. Broadening wedges occur somewhat less …

Using MAs as Dynamic Support and Resistance

For those who use price action to trade the Forex market, there’s a mixed opinion about the use of moving averages. I mean, why would you use them if price is your indicator? Well, let me explain why MAs can …

The Magic of the Measured Move for Profit Targets

Sometimes, one of the most challenging aspects of trading the Forex market is determining a suitable and realistic take profit area. In fact, I’d argue quite strongly that determining an exit (whether in profit or at a loss) is significantly …

What to do when the Forex Market ‘Fakes It’

Imagine the following scenario. You’re watching the US dollar index in your MT4 platform, and have been doing so for weeks. Poised and waiting for the big break above a key resistance level so you can take advantage of the …

3 Steps to Avoid Trading on Impulse

Impulsive trading something that all traders struggle with at some point in time, some more than others. And, more often than not it’s these impulsive trades that turn out to be losers. That in itself isn’t surprising though, especially considering …

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