Recent content by Latham

To read a forex trading chart, identify the time frame (e.g., daily, hourly), and analyze price movements. Look for trends, support and resistance levels, and candlestick patterns. Use indicators like moving averages or RSI to gauge momentum and market strength. Always consider news events that...

Risk management in forex involves setting appropriate lot sizes, using stop-loss orders to limit losses, diversifying trades, and avoiding over-leveraging. Traders should define risk tolerance and adhere to it, adjusting strategies based on market conditions to protect capital and maintain...

Uncertainty can be managed by diversifying investments, implementing robust risk management strategies such as setting stop-loss orders, staying informed about market conditions, and adhering to a well-defined trading plan. Continuous learning, adapting to market changes, and maintaining...

Investing in Bitcoin carries risks due to its volatility and regulatory uncertainties. It can offer potential high returns but also significant losses. Consider factors like risk tolerance, investment goals, and market research before investing. Diversification and cautious allocation are...

A Forex breakout strategy involves trading on the occurrence of significant price movements beyond predefined levels of support or resistance. Traders identify breakout points, enter positions when prices breach these levels, and set stop-loss and take-profit orders to manage risk. Vigilance and...

Hard work always pays off so don't rely on others rather rely on yourself. You have to avoid following others' signals because you can't trust others and it won't help you increase your knowledge level.

Knowledgeable traders maintain money management and time management properly. In all cases, money management is obligatory for traders and it ensures proper disbursement of leverage according to capital sizing.

Forex market moves trend by trend so you have to trade trend by trend otherwise majority of your trades will go astray which is not auspicious for you. Always try to avoid trading in confusing zones because it is risky for traders. FXOpulence offers more than 400 technical tools and multiple...

A human being can be afflicted with several bad qualities that can keep him lag behind in every sector. Especially, two qualities greed and emotion can destroy you completely so you must not be greedy about Forex trading because it will work as an obstacle to the way of earning profit...

Traders are confused about indicator preference because they find variety of indicators on the trading platform. RSI, stokistics, moving average and Bollinger bands fibonacchi are some well-known indicators that can help you catch the market trend. It shows traders with different trading angles...

Building portfolio of your investment is a highly-appreciated strategy because it helps traders survive in Forex for a longer period of time and gain profit ultimately. The more a trader studies the more, the more he becomes innovative about the market. FXOpulence offers multiple types of...

As a scalper, I mostly follow short timeframes like m5 and m15 at best. And the best scalping-friendly trading platform I have with the FXOpulence broker because they provide me all amazing trading instruments including Indices1000, Crypto500, USD basket and EURO Basket.

Strategic advancement is needed but traders don't focus on this particular segment. Make sure the best use of trading breakouts. FXOpulence broker allows traders with a reliable MT5 trading platform free of all technical errors. Mt5 is a popular trading platform for trading synthetic indices and...

Sadly to say that my initial days passed without using stop loss and most of the trades took me huge time and my equity went reduced drastically. Later on I discovered not using SL was a point behind so. Since then I started using SL and other tactics properly on the platform of FXOpulence...

Day traders close their trades within the span of a day and they are pretty much averse to taking high risk because majority of the high-impact news hit the market at night. FXOpulence uses advanced technology and so I can execute trades n their smooth mt5 platform without facing any techniques.