You can read Japanese candlestick charting techniques by Steve Nison

Recommended forex books

Always! You may never know how volatile the forex market can turn out to be. A stop loss prevents big losses, and traders don’t have to monitor screens all time because if the market doesn’t move in the expected direction, the trade will ...

Do you use stoploss?

Day trading can be really profitable because it’s easier to predict the price movements in the short term than predicting it in the long time frames. Also, there are no overnight fees involved which can eat up a lot of profits. However, to master ...

Why 98% Of All Day-traders Fail

As a new trader it’s good to use liquid pairs as they don’t move aggressively and give breathing room to you. All the major pairs are great options. No matter which pair you are using, study the fundamentals of underlying economies thoroughly and ...

Choosing a currency pair

Yes, demo trading is an important step before real trading as it helps a new trader to get familiar with the platform. Although demo trading does not involve emotions, it does let the trader to improve his trading skills and strategies through ...

Is demo a step before real trading?