Trading Strategies Articles

Fewer than 10% of traders pass a Prop Firm challenge on their first try. If that number has you feeling unsure, or wondering how to pass a prop firm challenge then you’re not alone.

Elliott Wave Theory, introduced in 1930s and named after its creator Ralph Nelson Elliott, is a widely known key analysis tool used by technical analysts to predict future market movements in various financial markets, including Forex.

In modern Forex trading, especially within forex funded account challenges, the role of technology is undeniably vital.

The NASDAQ 100 (NQ) index, comprising the top 100 non-financial companies listed on the NASDAQ stock exchange, is one of the most actively traded indices in the world.

Forex trading, with its promise of high returns, also comes with substantial risks. To thrive in this volatile market, traders must understand and implement effective risk management strategies.

Fibonacci retracement levels are a widely used tool among forex traders for identifying potential support and resistance levels. Based on the Fibonacci sequence, these levels help traders forecast possible price reversals or continuations, aiding in better trading decisions. Here’s a concise guide on what Fibonacci retracement levels are, how they’re calculated, and how to use them effectively in forex trading.