Many Forex and CFD traders try to apply the Elliott Wave theory for a short while...
...but the majority quickly moves on to the next indicator or tool.
Why does this happen?
Most traders understand, at least partly, the wave theory but find it difficult to apply it...
By definition, economic recession is a period of at least two consecutive quarters when the economy is in decline.
It is typically accompanied by an increase in unemployment, decline in the housing market and a drop in the stock market – decline in GDP.
Though recession is less...
Have you ever felt a strong urge to check your email, social media or news instead of doing your work?
With distractions all around us, it comes as no surprise that we sometimes struggle to maintain our focus when trading.
This article offers insight on how traders can...
As we could see it on the night of 7 October, the GBP currency suddenly fell across the basket of currencies and no one knows why.
It was the collapse of sterling.
Unfortunately, the event was bad for many Forex brokers who reported different lows.
What could have...
Preparing and implementing a
trading plan is critical when formulating a consistent approach.
The trading plan helps traders reduce emotional reactions to price volatility.
However, most traders notice a gap between theoretical trading and
Trade ideas may seem simple on paper but the situation can quickly...