A forex pivot point strategy could very well be a trader’s best friend as far as identifying levels to develop a bias, place stops and identify potential profit targets for a trade. Pivot points have been a go-to for traders for decades. The basis of pivot points is such that price will often move relative

Supply and demand and support and resistance have a lot of similarities, but the aim of this page is to distinguish the two and identify how you can use support and resistance to trade supply and demand. The differences between supply and demand vs support and resistance Support and resistance is a level where traders

Supply and demand are the very determinants of price – any price. This applies to everything from your local farmers market, to a rare, one of a kind jewel, to the foreign exchange market. Traders that understand the dynamics of demand and supply are better equipped to understand current and future price movements in the

What is a forex entry point? A forex entry point is the level or price at which a trader enters into a trade (buy/sell). Deciding on a forex entry point can be complex for traders because of the abundance of variable inputs that move the forex market. This article will cover how to enter a

Utilizing different forex time frames can assist traders to spot the larger trends and more granular price action that may be unfolding. Different viewpoints can be formed when switching between different time frames on the same currency pair and this can either benefit or hinder the analysis. Therefore, it is crucial to have a solid

Bollinger Bands are a technical trading tool that can be applied in all financial markets, including equities, forex, commodities and futures. In this article, John Bollinger provides his own insight into Bollinger Bands, their lasting relevancy and their application in the current retail trading industry. John Bollinger’s main talking points: An introduction to Bollinger Bands

Floor-Trader Pivots assist traders in identifying areas in a chart where price is likely to approach and can be used to set appropriate targets, while effectively managing risk. It is one of many types of pivot points traders can use to determine key levels, but the concept of support and resistance is well entrenched in

Woodies pivot points provide a unique approach to calculating key levels of short-term support and resistance and are popular among intraday and day traders alike. Trading Woodies pivot points may be similar to other pivot point variations, however, understanding the subtle differences inherent to Woodies pivot points is key to developing a trading edge. Read

Dealing with the fear of missing out – or FOMO – is a highly valuable skill for traders. Not only can FOMO have a negative emotional impact, it can cloud judgment and overshadow logic, which is problematic when making trading decisions. So what is FOMO in trading? It’s the fear traders get when they think

Key levels in forex tend to draw attention to traders in the market. These are psychological prices which tie into the human psyche and way of thinking. This article will cover the following key areas about psychological levels and round numbers in forex trading: Psychological level definition Identifying psychological levels Using psychological levels to trade