Price Consolidation in Forex Trading

Forex traders love to trade on price consolidation breakouts. So what is a price consolidation? In terms of technical analysis, consolidation is the movement of an asset’s price within a well-defined pattern of trading levels. Consolidation is generally regarded as a period of indecision, which comes to an end when the price of the asset… Continue reading Price Consolidation in Forex Trading

Intervention threat trips Kiwi dollar

On Monday night eight armed men broke into Zaventem airport near Brussels.  They drove to a Swiss-registered aircraft that was loading on the ramp and transferred 120 packages from the hold into their van.  Mistaking their actions for the normal behaviour of baggage handlers, police allowed the men to carry off diamonds worth $50m.  So… Continue reading Intervention threat trips Kiwi dollar

How to Use Leverage Trading Currency Pairs

One of the top reasons you might have entered the world of forex instead of sticking with stocks and bonds is the concept of leverage. Through leverage, you can trade large amounts of money and either earn enough to trade without leverage (or even retire), or lose so much money that you immediately wipe out… Continue reading How to Use Leverage Trading Currency Pairs