News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
Oil - US Crude
Wall Street
More View more
Real Time News
  • Do you know how to properly Identify a double top formation? Double tops can enhance technical analysis when trading both forex or stocks, making the pattern highly versatile in nature. Learn more about the double top formation here:
  • 🇬🇧 Retail Sales YoY (MAY) Actual: 24.6% Expected: 29% Previous: 42.4%
  • 🇬🇧 Retail Sales ex Fuel YoY (MAY) Actual: 21.7% Expected: 27.3% Previous: 37.7%
  • Heads Up:🇬🇧 Retail Sales ex Fuel YoY (MAY) due at 06:00 GMT (15min) Expected: 27.3% Previous: 37.7%
  • Heads Up:🇬🇧 Retail Sales YoY (MAY) due at 06:00 GMT (15min) Expected: 29% Previous: 42.4%
  • There are three major forex trading sessions which comprise the 24-hour market: the London session, the US session and the Asian session. Learn about the characteristics of each session here:
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Gold are long at 84.50%, while traders in France 40 are at opposite extremes with 79.56%. See the summary chart below and full details and charts on DailyFX:
  • Consolidation or bull flag? A bull flag is a continuation pattern that occurs as a brief pause in the trend following a strong price move higher. Learn how to better spot these formations here:
  • Forex Update: As of 04:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.09% 🇨🇭CHF: 0.06% 🇯🇵JPY: 0.03% 🇬🇧GBP: -0.01% 🇦🇺AUD: -0.01% 🇳🇿NZD: -0.06% View the performance of all markets via
  • Indices Update: As of 04:00, these are your best and worst performers based on the London trading schedule: France 40: 0.14% US 500: 0.07% Wall Street: 0.04% Germany 30: -0.04% FTSE 100: -0.11% View the performance of all markets via
Trading Styles

Trading Styles

Richard Krivo, Trading Instructor

Student’s Question:I prefer to be a swing/position trader holding to positions over weeks and even months. My question is what is a reasonable strategy for a position trader apart from the obvious?The obvious: 1. fundamental analysis to determine upward or downward trend.-GPD growth, long term market economy etc2. Long time-frame technical analysis, trade only on trends.-Monthly & weekly charts?3. Enough margin/capital to cover short-medium term volatility-using 6 month ATR to determine margin and leverage.Does the above plan make sense?Instructor’s Response:Yes...all of what you mention would come into play...nice breakdown. You may also want to include interest rates as they are the “prime movers” of the currency market.A key will be looking for a "fresh move" back in the direction of the trend on a longer term...Daily/Weekly/Monthly chart. For example, a longer term trader could use the Weekly chart for trend determination, and then a Daily and/or 4 hour chart for timing an entry. Another thought to consider is the carry trade (going long the higher yielding currency in the pair) so that interest would be earned on the position on a daily basis. (Obviously we would only be taking these trades if they were in the direction of the longer term trend.)You may find the grid below interesting and helpful as it alludes to three of the more prevalent styles of trading along with their positives and negatives…

Trading_Styles_body_28375d1240279347-post-day-chart-4-20-09.png, Trading Styles

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.