FxScouts

One of the most challenging questions a trader has to answer is: Should I be buying or selling? Traders establish directional bias by studying high-level charts, support and resistance levels, price action and the overall market trajectory. We know from Dow Theory that th

A Fakeout is a breakout of an important technical level that fails to continue in the expected direction of the breakout. Trading fakeouts or, trading false breakouts, is an aggressive trading strategy. If the market gets near a technical level that has not been broken for a while, and then pushes t

A relatively straightforward concept, negative balance protection (NBP) simply means that you can’t lose any more money than is in your account. So, if you have GBP1000 in your account, for example, you can’t lose more than that. Imagine you have GBP1000 in your account and you enter a CFD trade wit