Forex Education

Let’s begin at the beginning… SK represents specialized knowledge. Specialized knowledge starts with the foundational lessons taught in Core Strategy having to do with order flow which drives price action and creates imbalances in supply and demand. These imbalances are what establish the probability that either buying or selling will lead to profit or loss. The power of the Core Strategy lies in the advantage or edge that it provides to the trader...

It’s important to define the markets you want to trade in your trading plan so that you don’t get distracted. One of the biggest mistakes that traders make is “chasing shiny objects.” Some traders trade stocks this week and binary options the next week – for no apparent reason. Often traders switch markets after a few losing trades or reading another exciting email promising them “trading success if they trade THIS market.”

One of the big things that traders talk about is trends; trends continuing, trends ending, trends changing, primary trend secondary trend, higher time frame trend, lower time-frame trend, the list goes on. With all this talk of trends many new traders can feel a little overwhelmed if they can’t identify...

Prior to the time when everyone had easy access to the markets and charts, trading was a relatively exclusive club. To be actively trading or investing you had to have a membership to an exchange or access to someone who did. If you wanted to chart the markets to make a technical decision...