What Are Breakouts and How Can You Take Advantage?
There are a large number of terms to learn and understand when trading gold on forex, but “breakout” is one of the easier ones to remember. A breakout happens when the gold price breaks out of a certain range or other elements like support and resistance levels. When using breakouts in your trading strategy, the […]
How You Should Run Your Trades Like a Business
The biggest mistake people make with gold trading is treating it like a hobby instead of a business. Viewing gold trading as a hobby will only make you hobby-type money, and you’ll most likely lose more than you earn. The first step in treating your trades like a business is having a business mentality. Turning […]
These 5 Tips Can Help You Beat the Market
Beginner gold traders may have the attitude of wanting to dominate the market. That’s the right attitude to have, but it has to be backed up with smart decisions along the way. The truth is, the gold trading market can be beaten. It doesn’t happen effortlessly, but with the right strategies and discipline, you could […]
5 Ways to Improve Your Forex Trading
If you’re not constantly looking for ways to improve your gold forex trading, you’re likely not seeing much success. No trading strategy is perfect from the beginning. Whatever your strategy is, it will require a lot of tweaks along the way. The worst thing any gold trader can do is be stuck in their ways […]
An Insider’s Look at Inside Bar Trading
Most gold trading strategies rely on what the price of gold is doing. However, with inside bar trading, it’s actually more beneficial to focus on what the price is not doing. Using inside bars as a trade strategy is nothing new, but there are many different ways to look at them. Once you learn enough […]
Taking Advantage of Pin Bar Trading
Gold investors have to look at a multitude of different strategies to find the best one for them. The pin bar trading strategy can be one of the most effective once you learn exactly how to use it in your gold trading. The components of a pin bar include the tail, the nose and the […]
Developing Your Daily Forex Trading Routine
Anyone invested in gold trading needs to have a daily forex trading routine. The small actions you take on a daily basis lay the foundation for your success as a gold trader. In order to turn regular profits, you have to be consistent in your daily habits. Once you understand success with gold forex trading […]
How to Improve Your Forex Trading Schedule
Once you’ve been trading for a while, you will naturally start developing a routine. While a routine and schedule can be great, sometimes it can consume your life. You can imagine both the benefits and disadvantages of having a life-consuming routine, so it’s important to keep a healthy balance in your gold trading schedule. Here […]
Everything You Should Know About Automated Trading
The new thing in gold trading today is automated forex trading systems. However, while there are plenty of different automated systems on the Internet, are they really the future of online gold trading? Most of them will hook a beginner gold trader in by marketing their services as the dream scenario of being able to […]
How to Manage Your Forex Trading Risks
The art of online trading of gold is simple in some ways, but complex in others. When you start trading gold, one of the first things you have to understand is how to manage your risks. Managing risk is defined in different ways by different investors, but it’s still one of the most important concepts […]
