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Power Course Forex Trading Tips

Weekly Trading Lesson
Friday, 01 August 2014 03:00 GMT | Daily |
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The DailyFX Instructors give a new lesson every day that you can immediately use to improve your trading!

A Simple Guide to Trading With Pivots in a Directional Market

Pivot Points provide objective levels to enter a trade, set stops, & exit if the trade moves in your favor. Here’s a quick guide to getting started.
DailyFX Instructors Post of the Day
Thursday, 31 July 2014 04:00 GMT | Daily |
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You can get a sneak peek into DailyFX's Education Department. Every day we share an actual post from one of our three courses.

Pivot Points for Risk Management

Day traders need to have a concrete plan for managing risk in their trading plan. Today learn how to use pivot points for stop placement in your trading!
Chart of the Day
Friday, 01 August 2014 13:31 GMT | Daily |
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DailyFX Instructors post a chart and highlight potential trading opportunities that they see. They invite your questions too!

FX Reversals: GBPUSD Market Breakout

The GBPUSD has dropped to multi week lows. Even with disappointing NFP numbers, the pair remains in breakout territory.
Trend of the Day
Friday, 01 August 2014 19:28 GMT | Daily |
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It is always very important to be able to identify a trend. Our instructors point out trends every day in this article, and discuss them with traders.

Timing Forex Reversals with Equal Waves (Part 2)

Traders constantly use technical analysis and a variety of other tools to time reversals in forex. The equal wave pattern is one method of timing reversals which can be incorporated into other strategies of analysis, too.

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Today's Word
Retracement

A reversal movement, in price action, that counters a previous advance or decline