Swing trading simply describes a method of approaching the market where the trader is seeking to capture percentage moves in a currency pair, referred to as "swings". Trades taken in this manner are usually at a reduced position size to account for the large trade parameters and can last anywhere from a day to several weeks and are typically entered on the daily time frame and above though some traders so use the 4hr charts also.

Technical supply and demand is an approach based on price action. The general idea is to locate points on the chart where price has...

Traders who are just beginning to get a handle on how the markets move, focus on the range pattern; one of the most popular price patterns in technical analysis. In a range, the price bounces from a lower horizontal line (support) and rebounds back down from an upper horizontal line (resistance). This creates a sideways or "trend-less" price movement, which is very appealing even for advanced traders, because when a trader looks at the range in hindsight or on paper, it looks like a very easy way to make money.

Trading forex can be both interesting and rewarding if one can spend the time learning how it really works. First you have to build a base or foundation. That includes developing a strategy that works for you, finding good money management techniques and training your mind to be disciplined in all facets of trading. Remember, at the end of the day you must muster up enough courage to pull the trigger for any strategies developed to work.