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Keep an Eye on GBP/JPY

By Chad Simmons www.binaryoptionsexplained.com (chart: Trading View) As you may know already, using technical analysis is a great way to generate ideas for binary option trades. The chart above is of the GBPJPY. As you can see, there’s a trend-line going back to November of 2012 (a clear uptrend). In addition, there’s a large triangle at the apex…in... Read More »

Money Management in Forex Trading

Money management in forex trading is very important because it is considered the key of success when trading foreign exchange. Like in the stock market, trading in the forex market can be considered a type of gambling, as you take a chance by trading your own cash in order to possibly earn profits. However, if you fail in developing and maintaining... Read More »

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