Forex Blog |  Forex trading

Forex Overtrading Challenge Forex overtrading is one of the most challenging lessons for a trader to understand. If you continue to overtrade, you will lose a lot of money. You expose your money to the market any time you enter it. The more you expose your money to the market, the more likely it will […]

How to lock yourself and your focus into the trading zone In this article, we’re going to discuss a few ideas for how to be fully focused and always on top of things, also known as trading in the zone. Every day we come to our trading setup, we must be hyper-focused on the job […]

Recognizing and Benefiting from Trading Trend Exhaustion What to look for and how to pounce when the market shows these 3 key indicators, Three Signs of Trend Ending And How to Profit From Them. If you can properly identify trading trends exhaustion, it’s one of the best times to capitalize on a moving market.  The […]

Bearish Candlestick Patterns Candlestick patterns are the technical analysis tool that displays price data on multiple timeframes. Developed in Japan in the 18th century, candlesticks patterns have become a go-to source for many traders today.  Steve Nison first introduced the candlestick patterns to the Western world in the book Candlestick Charting Techniques, published in 1991.   […]

Reversal Patterns Forex In this post, we will discuss five powerful and reliable reversal patterns in the forex market. Generally, reversal patterns provide a great Risk-Reward ratio potential. We will learn how to identify each one of them and how to trade by using these patterns.   What are Reversal Patterns? A reversal pattern is the sort […]

Trading Divergences in Forex The very concept of divergence means the discrepancy between the readings of two or more correlated data sources. Imagine that you are sitting in the cockpit of an airplane, and then suddenly, the instruments begin to signal that you are sharply decreasing. At the same time, it is clear outside the […]

Trading Alone is Negatively Impacted One of the most challenging aspects of trading is – loneliness. Unlike other careers where people always surround you, many professional traders who move from an office to working at home, end up hibernating in that office. It becomes easy to shut out the world even without realizing it. Humans are […]

Forex Triangle Patterns Financial markets are known for their volatility, a nonlinear structure that rigorous mathematical models cannot describe. But still, quite often, technical analysis patterns work on the market. One such technical pattern is the “forex triangle pattern”. The Triangle pattern is proven by many years of practice by hundreds of traders in the […]

At the core of negative Trading Emotions, fear, greed, and hope thrive At first glance, many of you might look at the headline and think “fear and greed are bad, but hope? Isn’t it good to have hope?” In most instances, sure, hope can be a very positive motivator. For example, before you start trading, […]

Conquering the major emotional states associated with trading The best traders psychology advice to mentally prepare a trader for success in the market is a simple premise, but one that is in conflict with our natural state and therefore exceedingly difficult to achieve. To conquer the psychological roadblocks, we as traders need to transcend them […]

Real talks with The5ers forex traders At The5ers, we get to speak to many of our traders about their strategies, systems, and emotions through our Portfolio Analyst Resource. We hear about the traders’ challenges and successes! From these talks, we get to learn a lot of important insights regarding trading performance that might be helpful […]

The three best (and worst) times to trade forex The forex market is wide and offers great opportunities to anyone with a solid trading strategy and plan. Where and when you work is up to you and with a well-disciplined approach, market success is attainable. But although the market offers much flexibility when it comes […]

Fibonacci Technical Analysis I knew that a post-BREXIT UK/EU Trade Deal was imminent (though, admittedly, I did get the timing off by a week – I thought they would arrive at the result they ultimately did sooner by about a week). Similarly, I accurately predicted the outcome of the infamous referendum vote in 2016. I […]

Consolidation in Forex Trading Forex professionals look for all sorts of trading situations to describe price movements. One such scenario is a sideways market. In this guide, we’ll dig deeper into what trading sideways means, what its strategies are, and how you can benefit from it. What is a Sideways Market? A sideways market surfaces […]

Forex Trading Demo When exploring the idea of trading in a new market, it’s natural to want to get started. You’re excited about the opportunity before you, and there may even be a specific reason you’re eyeing a new market. Where forex is concerned, for example, you may be looking ahead to 2021 and anticipating […]

The Complete Guide to Supply and Demand in Forex Supply and Demand Forex – The driving force behind changes in price is supply and demand. When there are more buyers than sellers, the market price will move up. Conversely, when there are more sellers than buyers, the market price will move down. When buyers and […]

A Close Look at Order Flow in Forex Trading When looking for understanding at the financial markets, there are few technical analysis types available. The most popular methods include momentum analysis, which uses mathematical indicators applied on a price to look at the current forces in the market; fundamental bias analysis that relays on fiscal economics data […]

Leverage Trading Leverage in Forex Trading – A close look at one of the most intriguing elements of forex trading It’s no secret that forex traders have a healthy appetite for high leverage. However, all too often high Leverage is a nasty trick played by retail brokers to dazzle traders with a utopian and false […]

Why it’s necessary to accept and harness your emotions in order to be a successful trader Trading Psychology – We can never be neutral in our emotions. No matter how hard we try, we will always feel something, in some mood, and in some direction. For traders who think this is a bad thing when […]

Real talks with real forex traders  At The5ers, we get to speak to many of our traders about their strategies, systems, and emotions through our Portfolio Analyst Resource. We hear about the traders’ challenges and successes! From these talks, we get to learn a lot of important insights regarding trading performance that might be helpful […]

Taking a loss is the hardest job on Earth How do you feel when taking a loss? Do your stomach churn and heart palpitate? The feeling after a loss can linger for minutes, hours, and sometimes days. Taking a loss is definitely not as fun as taking home the trophy. But if we, as traders, […]

Home trading setup Working from home used to be a dream for many in the past, but now there are plenty of opportunities to work from home as the internet and smart technology evolved. Online trading has become quite popular, and most traders work remotely. Hence, having a nice home office for day trading contributes […]

Most Common Currency Types in the Forex Market Various Types of Currency Pairs – The sheer size of the global forex market is something to behold, with this entity said to be worth a staggering $1.934 quadrillion. This is more than 2.5x the size of the world’s GDP, while it continues to grow incrementally on […]

Forex Prop Trading A lot of traders today are thinking about taking their trading career to the next level by becoming a forex prop trader. That is the goal for traders, who plan on building successful careers in trading forex. There are a lot of forex traders that are trading by themselves, but they don’t […]