Articles - Action Forex https://www.actionforex.com/category/articles/ Live Forex Analysis, Currency Rates, Economic Calendar, Technical Forecast, Fundamental News, Free Trading Signals. Best. USD Dollar, EUR Euro, JPY Yen, GBP Pound, CHF Swiss Franc, CAD Canadian Dollar, AUD Australian Dollar, NZD New Zealand Dollar Tue, 19 Nov 2024 09:27:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 Understanding Forex Options: Strategies for Beginners https://www.actionforex.com/articles/forex-trading/576405-understanding-forex-options-strategies-for-beginners/ https://www.actionforex.com/articles/forex-trading/576405-understanding-forex-options-strategies-for-beginners/#respond Tue, 19 Nov 2024 09:27:46 +0000 https://www.actionforex.com/?p=576405

Forex options are an increasingly popular tool among traders looking to diversify their strategies and manage risk in the foreign exchange market. While trading forex in the spot market is common, understanding forex options opens up new possibilities for traders, particularly beginners. This article will walk you through the basics of forex options and outline […]

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Markets Weekly Outlook – ECB to Deliver 25 bps Rate Cut? Bank Earnings in Focus https://www.actionforex.com/articles/trading-strategies/571579-markets-weekly-outlook-ecb-to-deliver-25-bps-rate-cut-bank-earnings-in-focus/ https://www.actionforex.com/articles/trading-strategies/571579-markets-weekly-outlook-ecb-to-deliver-25-bps-rate-cut-bank-earnings-in-focus/#respond Sat, 12 Oct 2024 02:45:15 +0000 https://www.actionforex.com/?p=571579

Market expectations for a Federal Reserve rate cut decreased following mixed US data signals. The European Central Bank’s interest rate decision is a key event, with a 25 bps cut highly anticipated. The week ahead features CPI releases from several countries, including China and New Zealand, while US earnings season gathers pace with major banks […]

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Is The Elliott Wave Principle Objective or Subjective? https://www.actionforex.com/articles/technical-analysis-articles/498977-is-the-elliott-wave-principle-objective-or-subjective/ https://www.actionforex.com/articles/technical-analysis-articles/498977-is-the-elliott-wave-principle-objective-or-subjective/#respond Mon, 01 May 2023 03:13:50 +0000 https://www.actionforex.com/?p=498977

The Elliott Wave Principle is generally considered to be a subjective tool for technical analysis. This is because the interpretation of the wave patterns and counts relies on the experience and analysis of the price movements. The Principle involves identifying repetitive patterns in price movements and using those patterns to make predictions about future price […]

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What Do Central Bankers Mean with Interest Rates at “Neutral Level”? https://www.actionforex.com/articles/forex-trading/460074-what-do-central-bankers-mean-with-interest-rates-at-neutral-level/ https://www.actionforex.com/articles/forex-trading/460074-what-do-central-bankers-mean-with-interest-rates-at-neutral-level/#respond Wed, 24 Aug 2022 09:09:29 +0000 https://www.actionforex.com/?p=460074

After a steep rise in interest rates around the world, it’s natural to question at what point central banks will stop. This is where bankers start using a technical term: “neutral level”. The thing is, what exactly constitutes a “neutral level” is a little more complicated and somewhat deliberately vague. And that can be a […]

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The Destructive Power of Revenge Trading https://www.actionforex.com/articles/trading-psychology/358115-the-destructive-power-of-revenge-trading/ https://www.actionforex.com/articles/trading-psychology/358115-the-destructive-power-of-revenge-trading/#respond Thu, 04 Feb 2021 15:23:52 +0000 https://www.actionforex.com/?p=358115

Revenge trading is quite possibly the most counter-intuitive, self-destructive behavioral pattern a Forex trader could ever slip into. And yet, so many investors can often find themselves shackled by this seemingly unstoppable compulsion to keep placing trades, even in the depths of a never-ending losing streak. So what is it within us that just can’t […]

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5 Ways to Improve Your Technical Analysis Skills https://www.actionforex.com/articles/technical-analysis-articles/358113-5-ways-to-improve-your-technical-analysis-skills/ https://www.actionforex.com/articles/technical-analysis-articles/358113-5-ways-to-improve-your-technical-analysis-skills/#respond Thu, 04 Feb 2021 15:21:48 +0000 https://www.actionforex.com/?p=358113

Technical analysis can sometimes be seen as an easier approach to forex trading than fundamental analysis. But, truth be told, there is quite a bit of a learning curve to it. Many forex traders who are just starting out find it challenging to understand the technicals. And it does take a good amount of practice […]

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Currency Pair Correlations – Forex Trading https://www.actionforex.com/articles/forex-trading/357495-currency-pair-correlations-forex-trading/ https://www.actionforex.com/articles/forex-trading/357495-currency-pair-correlations-forex-trading/#respond Tue, 02 Feb 2021 15:02:23 +0000 https://www.actionforex.com/?p=357495

Understanding price relationships between various currency pairs allows you to get a more in-depth look at how to develop high-probability Forex trading strategies. Awareness of currency correlation can help to reduce risk, improve hedging, and diversify trading instruments. In this article, we will introduce you to Forex trading using intermarket correlations. Meaning of currency pairs […]

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An Introductory Guide to Using Fractals in the Forex Market https://www.actionforex.com/articles/trading-strategies/357483-an-introductory-guide-to-using-fractals-in-the-forex-market/ https://www.actionforex.com/articles/trading-strategies/357483-an-introductory-guide-to-using-fractals-in-the-forex-market/#respond Tue, 02 Feb 2021 14:50:52 +0000 https://www.actionforex.com/?p=357483

The laws governing the creation of fractals are found throughout nature. Fractal patterns are recursive as no matter how complex the whole, it’s built from many repetitions of the same process. Romanesco broccoli, spirals of pinecone seeds, ice crystals, trees, rivers, leaves and even water drops exhibit the properties of repeated application. The late Benoit […]

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Strengthen Your Trading Performance Through the Skill of Organizing https://www.actionforex.com/articles/trading-psychology/357481-strengthen-your-trading-performance-through-the-skill-of-organizing/ https://www.actionforex.com/articles/trading-psychology/357481-strengthen-your-trading-performance-through-the-skill-of-organizing/#respond Tue, 02 Feb 2021 14:45:27 +0000 https://www.actionforex.com/?p=357481

Boost effectiveness and trading results through the skill of organizing. Being organized is a valuable skill to have especially as a forex trader. It can enhance productivity and concentration in a day of trading for both physical and mental aspects. As opposed to seeing clutter and feeling distracted, being organized can inspire a more optimistic […]

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5 Must Read Trading Psychology Books https://www.actionforex.com/articles/trading-psychology/356187-5-must-read-trading-psychology-books/ https://www.actionforex.com/articles/trading-psychology/356187-5-must-read-trading-psychology-books/#respond Wed, 27 Jan 2021 16:51:31 +0000 https://www.actionforex.com/?p=356187

What separates a winning trader from a losing trader is psychology. Trading psychology, for those new to the subject, refers to the emotional aspects dictating a trader’s decisions. Irrespective of the trading plan employed, good psychology is a must-have trait for any trader. Learning to govern emotions and develop good decision-making skills will, unequivocally, improve […]

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Understanding Risk/Reward Ratio in the Foreign Exchange Market https://www.actionforex.com/articles/money-management/356185-understanding-risk-reward-ratio-in-the-foreign-exchange-market/ https://www.actionforex.com/articles/money-management/356185-understanding-risk-reward-ratio-in-the-foreign-exchange-market/#respond Wed, 27 Jan 2021 16:49:26 +0000 https://www.actionforex.com/?p=356185

Should a colleague, one who has a reputation of borrowing money and returning it later than proposed, ask to borrow $100 and offer to pay back $110 the following month, what would your initial thought be? It’s probably not worth the risk or the hassle, right? However, what if the said colleague offered to repay […]

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Your Trading and Consciousness https://www.actionforex.com/articles/trading-psychology/355664-your-trading-and-consciousness/ https://www.actionforex.com/articles/trading-psychology/355664-your-trading-and-consciousness/#respond Mon, 25 Jan 2021 14:53:20 +0000 https://www.actionforex.com/?p=355664

Many of our products and workshops are about helping people increase their level of consciousness. Why? Many people trade unconsciously, without knowing at even a shallow level what they are doing in the markets and why. This applies to the psychological parts of trading like beliefs, emotions, discipline, etc. as well as the “technical” aspects […]

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How to Use Pivot Points https://www.actionforex.com/articles/technical-analysis-articles/355662-how-to-use-pivot-points/ https://www.actionforex.com/articles/technical-analysis-articles/355662-how-to-use-pivot-points/#respond Mon, 25 Jan 2021 14:51:23 +0000 https://www.actionforex.com/?p=355662

Pivot points or pivots are useful indicators for determining levels at which the sentiment of the market can change from bullish to bearish or vice versa. Generally seen as markers of support and resistance, pivot points are widely used by day traders in the spot forex market. These traders use pivot points to determine entry, […]

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Butterfly Patterns and How Catching One Help You Profit In The Forex Market https://www.actionforex.com/articles/trading-strategies/355653-butterfly-patterns-and-how-catching-one-help-you-profit-in-the-forex-market/ https://www.actionforex.com/articles/trading-strategies/355653-butterfly-patterns-and-how-catching-one-help-you-profit-in-the-forex-market/#respond Mon, 25 Jan 2021 14:49:57 +0000 https://www.actionforex.com/?p=355653

Now despite its pretty name, this pattern can help you catch some deadly market reversals. As ever there are a few different measurements and parameters that we need to learn for identifying this pattern so stick with me here as we go through those. We’ll take a look at a diagram of what the pattern […]

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Double Tops With Stochastic Divergence https://www.actionforex.com/articles/trading-strategies/354970-double-tops-with-stochastic-divergence/ https://www.actionforex.com/articles/trading-strategies/354970-double-tops-with-stochastic-divergence/#respond Thu, 21 Jan 2021 15:50:36 +0000 https://www.actionforex.com/?p=354970

Stochastic Oscillator The stochastics indicator is one of the most popular Forex indicators. This classic indicator was developed in the 1950s by a trader named George Lane. Essentially the indicator meaAsures the closing price of an instrument against a range over a specified lookback period and registers momentum as either overbought or oversold. The indicator, […]

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Uncovering Bitcoin Transactions: How they Work https://www.actionforex.com/articles/digital-currency/354390-uncovering-bitcoin-transactions-how-they-work/ https://www.actionforex.com/articles/digital-currency/354390-uncovering-bitcoin-transactions-how-they-work/#respond Tue, 19 Jan 2021 15:56:21 +0000 https://www.actionforex.com/?p=354390

A bitcoin transaction is a signed piece of information for the purpose of transferring ownership of a set amount of bitcoins from one individual to another. The transaction records all the details of the sender’s unspent bitcoins, their origin (denoted by the transaction ID, or hash of the transaction), the transfer amount, and the public […]

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How to Apply the Right Trading Tools in the Forex Market https://www.actionforex.com/articles/forex-trading/354384-how-to-apply-the-right-trading-tools-in-the-forex-market/ https://www.actionforex.com/articles/forex-trading/354384-how-to-apply-the-right-trading-tools-in-the-forex-market/#respond Tue, 19 Jan 2021 15:53:02 +0000 https://www.actionforex.com/?p=354384

When trading the financial markets, one always faces the dilemma of whether to enter a trade or pass on it. Some forex traders use their “gut feeling” to make this important decision. This instinct or intuition that some feel they have is more-often-than-not based on two principle emotions: greed and fear. Greediness will push traders […]

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What Is the “Kelly Criterion” in Forex? https://www.actionforex.com/articles/money-management/352641-what-is-the-kelly-criterion-in-forex/ https://www.actionforex.com/articles/money-management/352641-what-is-the-kelly-criterion-in-forex/#respond Mon, 11 Jan 2021 15:44:47 +0000 https://www.actionforex.com/?p=352641

Put simply, the Kelly Criterion or Formula is a way to calculate how much of their assets a Forex trader should risk on any given trade in order to maximize the return. It became notorious among equities traders because it was said that Warren Buffet uses a version of it when he’s picking his investments. […]

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How Powerful Is Chaos Theory for Financial Forecasting? https://www.actionforex.com/articles/general-investing/352639-how-powerful-is-chaos-theory-for-financial-forecasting/ https://www.actionforex.com/articles/general-investing/352639-how-powerful-is-chaos-theory-for-financial-forecasting/#respond Mon, 11 Jan 2021 15:43:24 +0000 https://www.actionforex.com/?p=352639

At first glance, the markets are quite chaotic, and certainly very complex. This seems to be a great fit for applying chaos theory and figuring out a mathematical model to generate good market picks. Chaos Theory uses cutting-edge science, combined with things like algorithms and artificial intelligence, to generate forecasts. Yet… there isn’t a single […]

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Trading the Head and Shoulders Chart Pattern https://www.actionforex.com/articles/technical-analysis-articles/352369-trading-the-head-and-shoulders-chart-pattern/ https://www.actionforex.com/articles/technical-analysis-articles/352369-trading-the-head-and-shoulders-chart-pattern/#respond Sun, 10 Jan 2021 11:58:34 +0000 https://www.actionforex.com/?p=352369

Technical analysis is an efficient technique used to study price movements of financial markets, with its findings forming a credible guide to future market direction. One of the most well-known chart patterns is the head and shoulders formation, boasting not only high profitability, but also distinct rules for its assembly. Although considered a high-probability pattern, […]

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