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This is a question that has been asked often from our clients so we wanted to put together a blue-print for you to follow. Each strategy has its own way but here is an easy-to-follow process to get you started. We start by backtesting our strategy on a platform called “TradingView” by using the “Reply” feature. Step 1: Firstly, we start the backtesting with the Weekly chart and we go back for about 2-4 years
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October 24, 2019

What is Forex?

Welcome to Celestial Trading Tools Educational Blog. Here you will find interesting and useful blog posts relating to forex education ranging from the very basics of forex right through to the more intricate complexities of this constantly changing and evolving marketplace. In this issue of the Celestial Educational Blog we are going to be taking a look into exactly what forex is. Without further ado lets continue. Forex is the largest and most liquid market
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In this issue of the Celestial Trading Tools Educational Blog we are going to take a deeper look into exactly who trades the forex market, their motives and how this is useful to us as traders within this ever expanding market-place. In the previous issue we discussed exactly what forex is, if you haven’t already read that post we suggest you take a look before reading this to give yourself a base understanding of exactly
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In this issue of the Celestial Trading Tools Educational Blog we are going to review the pros and cons of Technical and Fundamental Analysis to see which is better and why. In the previous issue we discussed who trades the forex market, if you haven’t already read that post we suggest you take a look before reading this to give yourself a good understanding of who trades the market as these participants will trade in
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Federal Interest Rate Decision, What Does It All Mean? In this issue of the Celestial Trading Tools Educational Blog we will be taking a look into the upcoming Federal Interest Rate Decision on the evening of Wednesday 18th of September 2019. This rate decision is expected to be released around 7:00pm GMT. What is the Federal Funds Rate? The Federal Funds Rate is essentially the US Central Banks interest rate for the country. Interest rates
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