To achieve success in Forex, you must become an astute observer. Download a free charting platform and take notes each day on the patterns and the constants you discover. In the beginning you will see just candles making mountains and valleys on the chart, with no further meaning, but with time and persistence, patterns will start to emerge and you will be able to pick up behavior constants from the charts. Start focusing on one or two pairs only, and don't let that too much information overflows you. To trade for a living you won't need to trade with 10 pairs at once. In fact, many professional traders specialize in only one or two currency pairs. Read more
REPORT: You Sure You Are Looking At Charts Properly? - Sam Seiden
VIDEO: ABC 3: How to read a chart? Technical and Fundamental analysis - Valeria Bednarik
VIDEO: The Secret of Chart Patterns - Chapter 1 - Dean Malone
BOOK: Trade Chart Patterns Like the Pros - Suri Duddella
Do you want to learn more?
Forex Rates and ChartsREPORT: You Sure You Are Looking At Charts Properly? - Sam Seiden
VIDEO: ABC 3: How to read a chart? Technical and Fundamental analysis - Valeria Bednarik
VIDEO: The Secret of Chart Patterns - Chapter 1 - Dean Malone
BOOK: Trade Chart Patterns Like the Pros - Suri Duddella
Editors’ Picks
EUR/USD holds steady near 1.0650 amid risk reset
EUR/USD is holding onto its recovery mode near 1.0650 in European trading on Friday. A recovery in risk sentiment is helping the pair, as the safe-haven US Dollar pares gains. Earlier today, reports of an Israeli strike inside Iran spooked markets.
GBP/USD recovers toward 1.2450 after UK Retail Sales data
GBP/USD is rebounding toward 1.2450 in early Europe on Friday, having tested 1.2400 after the UK Retail Sales volumes stagnated again in March, The pair recovers in tandem with risk sentiment, as traders take account of the likely Israel's missile strikes on Iran.
USD/JPY holds ground as Iran plans no immediate retaliation against the Israeli airstrikes
USD/JPY maintains its position around 154.50 after partially recovering its daily losses on Friday. Reuters reported that an Iranian official stated there is currently no immediate plan for retaliation against the Israeli airstrikes. The Greenback gained traction after Fed officials conveyed hawkish messages on Thursday.
Editors’ Picks
EUR/USD holds steady near 1.0650 amid risk reset
EUR/USD is holding onto its recovery mode near 1.0650 in European trading on Friday. A recovery in risk sentiment is helping the pair, as the safe-haven US Dollar pares gains. Earlier today, reports of an Israeli strike inside Iran spooked markets.
GBP/USD recovers toward 1.2450 after UK Retail Sales data
GBP/USD is rebounding toward 1.2450 in early Europe on Friday, having tested 1.2400 after the UK Retail Sales volumes stagnated again in March, The pair recovers in tandem with risk sentiment, as traders take account of the likely Israel's missile strikes on Iran.
Gold: Middle East war fears spark fresh XAU/USD rally, will it sustain?
Gold price is trading close to $2,400 early Friday, reversing from a fresh five-day high reached at $2,418 earlier in the Asian session. Despite the pullback, Gold price remains on track to book the fifth weekly gain in a row.
Bitcoin Price Outlook: All eyes on BTC as CNN calls halving the ‘World Cup for Bitcoin’
Bitcoin price remains the focus of traders and investors ahead of the halving, which is an important event expected to kick off the next bull market. Amid conflicting forecasts from analysts, an international media site has lauded the halving and what it means for the industry.
Geopolitics once again take centre stage, as UK Retail Sales wither
Nearly a week to the day when Iran sent drones and missiles into Israel, Israel has retaliated and sent a missile into Iran. The initial reports caused a large uptick in the oil price.
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