Forex trend lines

If you view a forex chart in a short time frame such as 5 mins; you will notice that the pattern is more like a zigzag...

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Melvin Hofmans October 6, 2022 Average reading time: 6 min

Backtesting in forex trading

After creating a trading strategy or trading system, the next thing traders do is to test it out in a...

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Melvin Hofmans


August 1, 2022
Average reading time: 5 min

Forex algorithmic trading

Many years ago, the forex market was only accessible to banks and institutional clients who placed majority of their trades...

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Tom Akkerman


July 22, 2022
Average reading time: 6 min

Social trading

The financial markets have evolved especially since electronic trading started some years ago. Several trading strategies have been developed by...

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Maaike Schouten


July 11, 2022
Average reading time: 5 min

Elliot Waves

In his 1938 book titled “The wave principle”, ‘Ralph Nelson Elliot’ postulated the “Elliot wave theory...

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Tom Akkerman


July 6, 2022
Average reading time: 5 min

Support and Resistance (S&R)

The primary task of a forex trader is to predict the correct price direction of a currency pair at a...

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Melvin Hofmans


June 29, 2022
Average reading time: 5 min

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