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Trailing Stop Loss! Use It to Increase Your Profits!

The Stop Loss could perhaps be one of the most powerful trading tools available to a trader. It is traditionally used by the majority of traders especially short term Forex traders to protect their position from a change in market direction of an existing open position. When a trade is entered at a set priceContinue reading “Trailing Stop Loss! Use It to Increase Your Profits!”

What is Technical Analysis?

Technical analysis defines for traders and investors clear buying and selling opportunities in the markets by observing support and resistance lines. Its important to note that many traders dismiss technical analysis and claim that all it does is give you a representation of past price action and reveals nothing about the future. Market technicians however,Continue reading “What is Technical Analysis?”