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https://tradefx.co.za/candlestick-patterns-chart-patterns-explained/
Before understanding forex candlesticks and chart patterns, you will need to understand candlesticks themselves and how they are formed.

Forex candlesticks are composed of the Open, High, Low, and Close (OHLC) data points. Of these four data points, the Open is the only one fixed when a new candle starts. The other three are variable until the period finishes and the final candlestick is printed.

Candlestick Patterns - Chart Patterns Explained This definitive guide will cover the most popular forex candlestick patterns and forex chart patterns and how to trade them.

https://tradefx.co.za/what-is-forex-trading/

What is Forex trading? How does Forex trading work? Forex trading is the buying and selling of global trading currencies within the USD 5 trillion a day Forex market. If you think that sounds like a lot, you’d be correct – The Forex market is the global marketplace and the most liquid market in the world!

What is Forex Trading all about? What is Forex trading? With our beginner's guide to Forex trading, we help you take your first steps towards learning to trade.

🟢Global Regulatory Entities
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Why is broker regulation important to you as a trader?

The forex market is a giant. Almost 5 trillion dollars’ worth of transactions happens daily.

With the size this big, you need regulatory protection. You don’t want unregulated brokers to put your deposit and profits at risk when it comes to withdrawal time.

So, how can you achieve protection?

🟢Forex Trading Losses?
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It is part of the "GAME"!

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Despite the importance of screen time, it is not necessary to watch the charts constantly.

There are so many benefits to the set and forget strategy.

Take advantage of your pending orders, such as stop loss and take profit!

🟢What is CFD Trading in South Africa?
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Discover the differences between spread trading, forex trading, and CFD trading.

Do you know the difference?

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Someone is sitting in the shade today because someone planted a tree a long time ago.

An investment is something that grows over time. Some opportunities are set up by others. Think smart and capitalise on them!

🟢The Traders' Blog - Hang Out with Us!
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Our Traders’ Blog is a fun, informative and exciting section with topics traders like you search for!

TradeFx discovered something was missing!

We figured that someone had to do something about what was missing.

As a trader, you require a secure environment in which to learn about forex trading and what is truly going on within the market.

There is no point in knowing about trading patterns and candlesticks or broker regulation if you are not getting what you truly want.

That is why we place such stress on the significance of these topics to everyone.

🟢What Makes a Good Forex Broker?
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What makes a good forex broker stand out from the masses? Has the forex trader decided what matters most? Will the all mighty bonus still be the deciding factor?

A lot of lessons to be learned!

🟢Daily Trade Suggestion:
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On the daily GBPJPY chart we can see price stalling after a V-shaped rally possibly due to positive Brexit sentiment relating to the EU pausing its two separate lawsuits against the UK.

However now price has entered into a previous area of congestion, as well as being capped for now by the 50 day SMA. Expect a slight drift sideways in the short term before any further bullish action, or a clean rejection of the resistance level with first minor support around ¥150.8.

Failing that we should see the ¥149 level hit.

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Not many people are aware that forex trading dates back to ancient times. The first currency transaction can be traced back to the Talmudic writings.

Money changers were people who used to help others change their currency, while taking a commission for their services.

TradeFX updated their website address.

🟢 Forex Trading Course [FREE]
➡️https://tradefx.co.za/forex-trading-education/

A Forex trading course is a key factor when it comes to the success or failure of any traders’ financial outcome.

Forex trading in South Africa is one of the fastest-growing trading geographics in the world, but sadly one of the most uninformed.

Knowledge is power. Put in the time, expand your knowledge, and become a profitable trader.

Forex Trading Course Archives A Forex trading course is a key factor when it comes to the success or failure of any traders' financial outcome. Put in the time, expand your knowledge.

🟢 AUDNZD Loitering at support

After a brief rally AUDNZD failed to take out highs in June and we saw bearish momentum resume with price currently looking somewhat shaky around the 1.054 support level.

The pair rebounded after the Kiwi inflation report, but any rallies are proving short-lived and with Aussie CPI on Wednesday we could see a bit of midweek volatility. With the bears currently in control we could see a swift move down to December lows at around the 1.042 area if support fails to hold.

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🟢CADJPY Downside Risks Still in Play

Improved sentiment this week has seen the Yen pairs give back some gains, as the COVID Delta variant threatens new lockdowns across the globe.

CADJPY topped early June and has since rolled over. The previous level around the mid 85s provided support for now and we can see quite a sharp pullback to what should be a key resistance level where it seems to be stalling, at least for now.

Bears will be looking at the recent low as a short term target. Should we lose that support level we could see that 82 level hit pretty quickly.

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READ MORE👉 https://tradefx.co.za/price-action-trading-explained/

Price action is the price data of the forex market without indicators. The analysis part is learning to read these and make a trade based upon patterns.

Price action trading is a trading method in which you base all of your trading decisions on a naked price chart.

This means that no indicators should be utilised, or at best, only a handful of moving averages to identify support and resistance levels.

Price Action Trading Explained In the fast-paced world of forex, price action is the foundation stone for technical analysis. In the world of forex, price action is key.

READ MORE👉 https://tradefx.co.za/should-i-use-a-welcome-bonus/

A welcome bonus is an introductory type bonus that is offered to the new users. The welcome bonus helps boost users’ first earnings and withdraw the money from their accounts.

The welcome bonus is bigger than other bonuses, and brokers use it for promotions and to attract new users. This bonus is credited to the new clients as they make their first deposit. The rates of the welcome bonus are 30%, 50%, and 100%.

Should I Use a Welcome Bonus? The welcome bonus helps boost users' first earnings and withdraw the money from their accounts. A welcome bonus is an introductory type bonus.

READ MORE👉 https://tradefx.co.za/different-types-of-moving-averages/

Moving averages can be defined to smooth out price fluctuations to help you distinguish between typical market noise and the actual trend direction.

Moving Averages are a trend-following or lagging indicator. It is based on past prices.

The longer the period is for the moving average, the greater the lag will be. It is why a 200-day moving average will have a much greater market noise than a 20-day MA because it includes the prices for the past 200 days.

Different Types of Moving Averages Moving averages can be defined to smooth out price fluctuations to help you distinguish between typical market noise and the actual trend direction.

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🥈 South Africa's Up-and-coming Broker Award 2021 [Up to 50% Welcome Bonus] They are Quickly Becoming SA Traders' Broker of Choice!

Markets .com providers a unique trading experience for forex and stock traders alike. They are a multi-regulated broker which includes the FSCA.

Markets.com Broker Review 2021 🥈 - Best Forex Broker | TradeFX Markets.com providers a unique trading experience for forex and stock traders alike. They are a multi-regulated broker which includes the FSCA.

READ MORE👉 https://tradefx.co.za/fundamental-analysis-in-forex-explained/

Have you ever come across a situation where a random presidential tweet disrupts the USD, and the EUR/USD went wild?

Chances are you have to face these kinds of situations.

But why does this happen?

Short answer; due to fundamental factors.

Long answer; we’ll mention in this guide.

So, let’s begin!

Fundamental Analysis in Forex – Explained | TradeFX What is fundamental analysis in Forex? How does it differ from technical analysis? What does fundamental analysis consist of and how you can use it!

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The most common question that pops up in a new trader head is, “what is technical analysis in forex“?

They want to learn more about this type of analysis but don’t know where to start.

Well, it’s your lucky day. As in this guide, we are going to dig deeper into technical analysis. So, if you are a beginner, this post can help you a lot.

What is Technical Analysis in Forex – Explained | TradeFX What is technical analysis in Forex? How does it differ from fundamental analysis? What does technical analysis consist of and how you can use it!

READ MORE👉 https://tradefx.co.za/review/blackstone-futures/
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🥇 SA's FSCA Regulated Forex & CFD Broker [30% Welcome Bonus] with Best Overall Spreads 2021! Possibly one of South Africa's Best Brokers...

Blackstone Futures is a truly local FSCA regulated broker with offices in Rosebank Johannesburg. Enjoy same-day withdrawals.

Blackstone Futures Broker Review 2021 🥇 - Best Forex Broker | TradeFX Blackstone Futures is a truly local FSCA regulated broker with offices in Rosebank Johannesburg. Enjoy same-day withdrawals.

👉 https://tradefx.co.za/review/cm-trading/
A Fully Regulated FSCA Forex & CFD Broker [Up to 100% Welcome Bonus] A Multiple Award Winner in the Industry with low Spreads! Free Education That Gives You The Boost You Need...

As mentioned in the introduction, CM Trading is only regulated in South Africa by the FSCA. This excludes them as a Multi-Regulated broker. Luckily the FSCA is one of the more trustworthy and established regulatory entities. Strangely enough, their license is under Blackstone Marketing SA (Pty) Ltd, with no relationship to Blackstone Futures. Clients’ accounts are held in segregated accounts, keeping funds safe and secure.

Although only being regulated by one regulatory body, since it is the FSCA, we put them ahead of a CySEC (Cyprus Securities and Exchange Commission) only broker. This should come as no surprise if you have been within the industry for some time. CM Trading does not accept US clients and mainly focuses on African countries due to the license they hold. It is always a good idea to double-check with them to see if your countries are accepted as such lists can change frequently. They get our vote of trust in this department.

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CM Trading Broker Review 2021 ✅ - Best Forex Broker | TradeFX CM Trading is a well-established broker, designed for the serious trader. They offer the popular MetaTrader 4 platform with low spreads.

👉 https://tradefx.co.za/what-is-the-stock-market/
The Stock Market has been Trending Higher for Over 10 years. [Is this the Best Opportunity to Invest in the Financial Markets] Learn the History of the Stock Market. How can you get Involved Into this Potentially Lucrative Opportunity?

With US stocks trending higher with barely a hiccup for more than a decade, investing in the stock market has been an incredibly profitable decision for those who have taken the plunge, but what is the stock market?

The stock market allows investors to trade in publicly owned companies from around the world world. Companies can spread risk and raise capital, allowing them to grow and diversify into new markets.

Members of the public can share in the successes of the world’s largest companies through rises in share price, dividends and can even participate to a degree in the running of companies through shareholder meetings.

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What is the Stock Market? - A Beginner's Guide | TradeFX What is the stock market? Learn how fortunes have been built and lost in what is arguably the greatest financial innovation of all time.

👉 https://tradefx.co.za/naspers-south-africa-100-years-in-the-making/
Naspers South Africa - 100 Years in the Making [Find Out Which Companies They Own] Learn the History and How Naspers Performs on the JSE. Is it a Good Investment Opportunity...

One of the largest technology investors globally, Naspers South Africa (JSE: NPN) is a global internet group that operates its companies by investing in countries and markets worldwide, with long-term potential for growth. Naspers invests in some of the world’s leading internet companies and is listed on the Johannesburg Stock Exchange (JSE) since 1994.

They have a substantial investment in Prosus (AEX: PRX and JSE: PRX) and have an American Depository Receipt (ADR) listing on the London Stock Exchange (LSE: NPSN). Naspers was selected to be a part of the listing on JSE Top 40 (alternatively referred to as SA40 or ALSI), alongside Anglo American and BHP Billiton.

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Naspers South Africa – 100 Years in the Making | TradeFX Everything you need to know about Naspers South Africa, including their major investments such as Tencet and Prosus. Learn more about JSE: NPN.

👉 https://tradefx.co.za/stop-loss-and-take-profit-how-do-you-set-it/
EvervWondered What a Stop Loss and Take Profit was? [Find Out How to Set these Pending Orders] Find Out How They Can Improve Your Trading! Learn How to Lock in Profits and Limit Losses...

As a trader, the most important role is to manage and protect your trading capital. How can we achieve this? By making use of a stop loss and take profit.

If you lose all of your capital, there is no way to recoup your losses; you are out of the game unless you top up your account again. On the other hand, if you make pips, you must be able to hold them and not give them back to the market.

Still, let’s be honest. The market always does what it wants and shifts in the direction it wants. Every day is a challenge, and almost everything from unexpected economic data releases, central bank policy speculation to presidential tweets can influence currency prices.

So, how can you stop giving away your profits and keep what you have made?

Easy!

By setting stop loss and take profit.

Don’t fret if you haven’t heard of these terms, and if you have, we’ll explain every inch of detail about stop loss and take profit orders.

So, make sure to stick around till the end.

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Stop Loss and Take Profit - How Do You Set It? | TradeFX Stop Loss and Take Profit, how do you set them and what do they do? Learn about the different pending orders, sell stop and sell limit.

👉 https://tradefx.co.za/what-time-does-the-forex-market-open-in-south-africa/
What Time Does The Forex Market Open In South Africa [Find Out When Local and International Markets Open] See when the Markets are Most Liquid. See when it is the Best Time to Trade...

There are four major Forex centres worldwide: New York, London, Tokyo, and Sydney. Because of their locations, they make Forex a 24-hour market. What time does the Forex market open in South Africa? Forex can get traded at any time of the day, 24/5, making it an over-the-counter (OTC) market. There’s no centralised forex exchange; therefore, you can trade Forex through banks, brokers, and market makers. When considering this, forex trading times get offered 24/5, meaning trading is over weekdays only, 24 hours a day. This can also be referred to as liquidity in the marketplace.

By understanding the various trading times and when the best times to trade are, you’ll get to concentrate on your trading strategies.

What Time Does the Forex Market Open in South Africa

Forex trading hours are the times when you can place Open and Close positions and exchange currencies. Trading times are when banks, investors, and companies are open. In South Africa, this will fall between 9 AM and 5 PM.

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What Time Does the Forex Market Open in South Africa? | TradeFX What Time does the Forex Market Open in South Africa? With the various time zones Worldwide, there are times when the markets are liquid.

👉 https://tradefx.co.za/top-forex-brokers-list-south-africa/
See Our List of Our Top Forex Brokers in South Africa [Get Risk-Free Demo Accounts] Test Out these Brokers Before Going Live! Read Our Transparent Reviews Before Selecting Your Broker of Choice...

WARNING: Forex scams are common. Don’t fall victim to overnight brokers! Read our reviews before opening a trading account!

The choice to choose a Forex and CFD broker is not an easy task for traders. They take a lot of factors into consideration and even then, depositing their hard-earned money is a scary feeling. It is not as easy as choosing a bank to transact with daily! This is serious business and that is where we come in, providing you with open and transparent broker reviews. Ever since Forex trading in South Africa has become immensely popular, fastest-growing on the African content, just below Nigeria, brokers are swarming into the SA space. These can be seen as positive and negative. This gives traders a wider variety of brokers to choose from but also opens the door for fly by night brokers to take advantage of traders. This is why we designed a Forex brokers list!

After conducting our 2021 survey, we have found that traders find the following most important when choosing their broker of choice. The regulation came up as most important, no surprise. This is due to the fact that clients are becoming more educated on its importance when it comes to fairness and the safety of funds. This is closely followed by withdrawal time, leverage and minimum deposit. An interesting observation was that clients are 3x more likely to open an account if the broker has a local office in the country they reside in. Trust seems to play a big role.

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Top Forex Brokers List South Africa 2021 🏆 - Top Reviews | TradeFX View the Top Forex Brokers List in South Africa 2021. Selected a broker based on our transparent Review criteria. Start trading in 2021!

👉 https://tradefx.co.za/forex-trading-glossary-of-terms/
Learn Your Terminology in the Forex Trading Industry. [Forex Trading Lingo] Learn and Understand the Words Used by Traders. Are You Ready to up Your Game...

Forex Trading Glossary of Terms

The Forex Trading Glossary of Terms plays an important role in your understanding of the “lingo” used within the Financial Industry. Understand certain terminology will help you feel more comfortable whilst trading and putting certain things into action. This will avoid you from simply watching from the sideline, wondering what is being spoken about or indicated. This goes hand in hand with general Forex education that you should pay attention to and grasp the concept of. We will keep this Glossary as simple as possible, only indicating the very essentials you as a trader would need to understand. It will be slightly biased towards Forex trading and common terms used. A lot of these terms can be similar to those used in the Stock, Indices and Commodity markets.

We will leave out the more advanced terminology and write a full article on them which will help you better understand their meanings and functions. A lot of the terminology has already been covered in a full article, which we will link to accordingly.

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Forex Trading Glossary of Terms - Everything You Need to Know | TradeFX The Forex Trading Glossary of Terms will help you understand all the terminology around the financial markets. Learn to Speak the Language!