Become the Forex Trader You Always Wished

Retail sales are statistics you should follow in Forex trading to gauge consumer behavior in a given economy. As a trader, your success often hinges on your ability to analyze and interpret...

In my last two posts, I wrote about the reversal possibilities of EURUSD and GBPUSD. Both currency pairs have enjoyed a big run against the USD, and I wrote about the likelihood of a near-term...

The Fed held rates at 4.50%, matching market expectations. Powell highlighted high uncertainty over the outlook, stressing that tariffs are a significant factor driving inflation...

The EURUSD is overbought in the short term and a pullback is likely soon. If prices can find the lower rising channel line an entry may present itself. The Euro rally is justified since Germany...

Knowing how to set a stop-loss is crucial to successful risk management in Forex trading. Setting a stop-loss is a plan to close a trade if it fails to move in the desired direction.  It...

A Forex trading journal is one of the most effective tools for achieving consistent profitability and growth.  Although some may view it as a tedious task, a well-kept trading journal can act...