Michael Fasogbon is a professional Forex trader and cryptocurrency technical analyst with over five years of trading experience. Years back, he became passionate about blockchain technology and cryptocurrency through his sister and has since been following the market wave.
The ‘must-have’ MT4 features for you! The MT4 platform is the oldest in the market and has many features. The MetaTrader4 platform was the first major trading platform developed by MetaQuotes Software in the early 2000s and designed for retail trading. It came free for the smaller retail traders and became very popular among […]
The volatility has increased dramatically over these last few weeks. Though this up-and-down nature has been common over the last 18 months, it has now increased. We have seen huge moves of many hundred pips; USD/JPY declined by 1,000 pips in just eight trading days while GBP/JPY lost 1,500 pips during the same time period. […]
Trading forex is often a very complicated job. There are times that trading is straightforward – it’s magical when the fundamental analysis, technical analysis, indicators, and market sentiment just seem to fall in step. Altogether, they can point up and you buy fast, or they point down and you sell. We have seen many […]
IG has become one of the leading names in the forex industry Following our previous broker review on ETX Capital, we have decided to review the broker ‘IG’. We have had an account with them for nearly two months now, and have employed various different trading methods with forex pairs throughout the day to […]
A good way to understand support and resistance trading is to picture a man trying to get past a solid fence that is blocking his way. Although he will keep searching for a passage along the outside of the fence, there is not one readily available. In the world of active trading, the fence is akin to a […]
The multiple time frames trading strategy is a Forex trading strategy that works by following a single currency pair over different time frames. By following the price chart we can see the highs and lows and establish the overall and temporary trend. However, by looking at the different time frames we can see changes and […]
There are two ways you can trade in forex and all other financial markets, you can either buy or sell. We usually refer to this as ‘long or short’. Long means to buy and short means to sell. If you follow our live market updates and market analysis then you must have encountered these two […]
In the past, we have published part 1 and part 2 of trader psychology. The first article was about identifying what type of trader you may be. We wrote that you might want to take a personality test to see where you stand in the continuum from impulsive to conservative. In the other article, we presented the readers with […]
In the first part of this series, we explained the two extremes of trader personality. In part two we will discuss the trading strategies that fit each type of trader personality. When people start trading forex, they learn how the market works and what makes it oscillate. After trading for some time, traders develop their trading skills […]
