Why You'll Never Make Money In Forex
Forex Education, Forex Trading Blog, Technical AnalysisIn this article, we have outlined 3 reasons why you will NEVER make money in Forex. You've probably heard the saying that goes, "90% of traders lose 90% of their capital in the first 90 days." Well sadly, it's true.
However... If you…
How to use Forex Signals as a Tool?
Forex Education, Forex Trading Blog, Technical AnalysisEven though I preach every trader to strive to become an independent trader, it’s a much easier thing to say than do. Everyone needs to start somewhere, right? Some start their Forex career blowing multiple accounts, entering a mentorship…
The Advantages and Disadvantages of Trading Forex as Opposed to Stocks
Forex Education, Forex Trading BlogMany newcomers to forex trading are either beginner traders or traders who are transitioning from traditional stocks trading to Forex trading. These individuals are always inquire about the advantages and disadvantages of trading Forex.
For…
Top 3 Most Important Aspects of Technical Analysis
Forex Education, Technical AnalysisIn today’s blog post I will be going over (briefly) the top 3 most important aspects of technical analysis. The topics covered today need to be mastered before you make an attempt to learn more advanced TA, or place a trade on a live account.…
Trading Psychology - Something That Isn’t Talked About Enough
Forex Education, Forex Trading BlogTrading psychology is so important, yet it's one of the least talked about aspects of forex trading. We feel it is one of the most important thing to master in any financial trading. You can master technical and fundamental analysis, but if…
The Top 3 Trading Patterns You Should Use
Forex Education, Forex Trading Blog, Technical AnalysisIf you have followed our TradingView, you would have realized by now that we like to keep our charts simple and only use a few tools from the technical analysis toolbox. One of our favorite tools is the use of patterns. Trading with patterns…
Technical and Fundamental Breakdown of the US Dollar
Forex Education, Forex Trading Analysis, Forex Trading Blog, Live Trading Room, Technical AnalysisI feel like I have touched base on many introductory concepts of trading Forex and believe it is only right to do our first analysis based post. What better way to do that then analyzing the world’s most powerful & important currency?…
Which Technical Indicator Should I Use When Trading Forex
Forex Education, Forex Trading Blog, Technical AnalysisThis has to be one of the most asked questions we get/see from novice traders. “Which indicator will help me become more profitable?” How about……. NONE. “Wait, what?”,” Are you serious? “Sort of, let me get into detail.
Oh…
Why You Should Use TradingView For Charting Analysis
Forex Education, Forex Trading BlogBecoming a profitable trader requires years and years of practice and commitment to analyzing price charts. So the types of charts you look at every day and charting software you use probably makes a big difference.
You'll need practice drawing…
How to Get Started Trading Forex
Forex Education, Forex Trading Analysis, Forex Trading Blog, Live Trading Room, Technical AnalysisSo, you want to be a day trader? Not just any day trader, but a Forex trader?
Well friend, you have made an excellent decision.
At Forex Lens, we'll show you how to get started trading forex. The Foreign Exchange Market (or the forex…