When it comes to divergence, using bollinger bands is very good. The width of the divergence tells you the strength of the current trend.

Trade Divergence4Currencies

There is no system that never fails in forex. No one can record a 100% success return on all trades opened. Success in forex entails your profitable trades far outnumbering your failed trades. But then at least, you must lose on some trades.

Never Lose in Forex - Guaranteed

I document all my trades; even my losses.I no longer abandon my losses cowardly in anger. I look deeply into them to trace my faults. This way I am a better trader in my next trades.

What Would You Do Differently Today for Better Trading Results?

For new traders, long positions seem to be favourable. You could also go short on currency pairs like the EURUSD. EURUSD has a lot of news to trade it with. EURUSD is also famed for its lovely liquidity.

When Price is UP, buy; when Price is Down, sell short...

News is important to price movement in the forex market, we can't risk doing without it. Especially news like the interest rates decision from the US Federal Reserve.

Trading the news

The EURUSD remains one of the best pairs for traders especially new traders. One of the reasons for this is the high volatility on this pair and the abundance of macroeconomic data to trade the pair with.

Trading EURUSD only

In the forex what decides your amount of profit is majorly the amount of trading experience you have gathered. There is the chance for every novice to improve to a successful trader. Don't rely on luck, keep learning; get as much educational ...

If you haven't made it yet, what makes you think you will?