01 – How to Start Trading in 4 Easy Steps
1. Register with OctaFX by opening an account
Having an account allows you to access your personal area on our website and to trade...
01 – How Does Forex Work?
How Does Forex Work?
Forex trading is the simultaneous buying of one currency and selling of another
These two currencies make up what is...
01 – Support and Resistance
For the bushy-tailed and bright-eyed newcomer, technical analysis of the Forex market often becomes an obsession.
I know for me it was.
Although you will learn...
01 – Fundamental Analysis Overview
As you have already read, Fundamental analysis is studying the economic fundamentals of a currency, country, or economy. Economic fundamentals really is a very...
00 – A Beginner’s Guide to Technical Analysis
Technical analysis refers to the study of past price action as a guide in forecasting future price movements. This involves looking at candlestick formations,...
00 – A Beginner’s Guide to Fundamental Analysis
What is Fundamental Analysis?
Fundamental analysis mostly refers to the use of economic data to predict forex price movements. While technical analysis focuses on historical...
00 – Risk Management 101
In forex trading, there are several factors that you can't really control. While you can be able to make predictions based on fundamental analysis...
00 – Trading Psychology 101
Now that you've studied the basics of technical and fundamental analysis, as well as the importance of proper risk management techniques, it's about time...
01 – Welcome
Welcome to FxPro Trading Academy. If you're reading this you have decided to join one of the world's fastest growing online communities. Since the...
- Advertisment -
A Brief Introduction to Forex Basics
If you are new to trading, the following definitions and examples will help you to get familiar with the rules and guidelines of the forex market. This short overview to enhance your existing knowledge.
How Much Money You Need to Start Trading on Forex
One of the most common complaints about Forex is the high barrier of entry. With a value of a standard lot being 10 000...
Including Fundamental Analysis In Your Trading
Do you remember the first time that you came across the financial markets, or more specifically, forex trading? Unless you had a keen interest in economics, it's highly likely that you were almost immediately drawn to technical analysis (T.A). Those attractively colourful indicators, pin-point accurate support/resistance lines and rumours of other technical traders trading for a living, is usually enough to lure the majority of newcomers into this category. There is, however, another technique used to analyse the markets: fundamental analysis (F.A).
Five Factors that Drive FX Prices
1) Perceptions about the Future Path of Interest Rates
These are perhaps the most classical of all the drivers of Forex rates. Long-standing economic doctrines...
Exchange Rate on Forex
Exchange rate is one of the key concepts on Forex. Traders sell one currency, buy another and earn on the difference in rates. When...
Apply the Best Mindsets for Efficient and Enjoyable Trading
An optimal mindset is key to achieving efficient and enjoyable trades. With a volatile forex market, traders need a reliable mindset to manage all trading activities. By obtaining a strong and optimistic mental attitude, you can properly accomplish trades and vital tasks for success. Applying the right mindset allows a focused way of thinking that can minimize anxiety and reduce the chances of emotional trading. To have a healthy outlook towards the forex market, practice the best mindsets for optimal forex trading.
Forex Trading Psychology
Forex trading psychology is a big thing. Often, it is the psychology, not a lack of academic knowledge or skill in application, that is...
Five Tips on Choosing a Forex Signals Provider
Using a forex signals provider can be exciting for some. For others, having used a forex signals service already and having met with some disappointments, one can get skeptical about using such a service already. This brings the question whether one should use a forex signals service. It also prompts the question whether a forex signals provider can generate profits or equity growth for you.
Five Simple Trading Lessons from Hell’s Kitchen
Hell's Kitchen, one of Chef Gordon Ramsay's many reality TV shows is quite an entertaining show to watch. Chefs face off to win a grand prize of running their own restaurants at the end. However, the path to success isn't easy as the contestants are truly put to hell. From having to deal with their peers to putting their differences aside and working as a team, Hell's Kitchen simply draws the viewer into it.
What Snipers Can Teach You about Trading
A military sniper's edge is not only crucial, it's also extremely extensive! Determining distance, selecting camouflage, preparing a suitable location, making sure that the rifle is well-sighted, having the correct mindset and showing patience are just some of the components that help form a sniper's edge in the field. Without it, there could potentially be fatal consequences. Fortunately, for us civilians we don't have to deal with the stresses of conflict. What we can do from here, however, is apply some of these elements a sniper uses to form a complete trading edge. What we mean by 'complete' is simply an edge which has all the necessary components to achieve consistency in the market.
Identifying Trends: A Beginners’ Guide
In the early stages of trading, the identification of a trend emerges as a compass to the markets. We have all heard the phrases "the trend is your friend", "never go against the trend" and "trade with the trend". But, what is a trend and why is it so important? A trend is simply the prevailing direction of the market. It is the direction that future prices will most likely follow. So, the early identification of the trend is imperative in trading the financial markets. Whether it's going up, down or sideways, has to be determined before entering the market. Many trading systems have been developed with precise rules on when to open a trading position, exit a losing trade and of course lock potential profits. Trend identification is one of the cornerstones of successful trading
Guide to Trading with Divergence: the Background
Divergence-based trading strategies are quite common and often used in tandem with trend following strategies. Perhaps one of the most commonly used technical indicator...
Forex Day Trading Strategies and Tips
Intra-day trading is a set of Forex day trading strategies that demand opening and closing trades on the same day. Considering that markets can...
Risk Management in Forex Trading: Tips & Tricks
Clearly, any trading operation on the financial market is somehow connected with risk. Risk management becomes more and more popular not only among traders,...
Supply and Demand Trading
In the following article, our objective is simple: to try and shed some light on how one can trade supply and demand on a...