Divergence can help you spot potential tops and bottoms in the market as well as give you clear view of when to take profit in an existing trend. Divergence is done by using a price chart and looking at price action and then looking for it to diverge from a momentum oscillator and here, we will look at divergence trading in more detail and how, you can use it in your currency trading strategy.

FXCruisecontrol is one of the many competing robots which claim to make big gains for users but unlike many others the copy seems to be a little more realistic in terms of telling traders that they won't win every trade and you won't make a million on a few hundred dollars which we all know is true. So let's look at and review Forex Cruise Control.

There are many Forex trading systems and robots sold today which allow you to change the settings of the system to trade different conditions but the logic this is based on is flawed and we will look at why in this article.

If you want to trade currencies, you need to understand the concept of pips in order to work out your cost of doing business as well as your profit and loss, on open trades. A “pip” stands for “Percentage in Point”. A pip is the smallest price movement a traded currency can make and is also referred to as a “point”. Lets look at and explain, the basics of understanding Forex pips in more detail...

Lets look at Forex trading hours and see the best times to trade Forex. Currencies are traded 24 hours a day, from Sunday afternoon EST* (Eastern Standard Time) to Friday afternoon EST. Throughout this period, there is always at least one financial centre open for business, as one market closes for the night, others open somewhere else, because forex trading hours overlap, currencies are being traded continuously – here are the opening times of the major financial centres around the world, all times again are EST...