Blog
Economic Data
Every Forex trader should be aware of the significant influence economic indicators have on currency values. These indicators, released by governments and independent bodies, provide insights...
RSI Divergence
Relative strength index (RSI) is a popular technical indicator used by traders to analyse the strength of a security’s price action. It compares the magnitude of recent gains to recent losses...
Trading Psychology
Trading psychology is a crucial aspect of trading that often gets overlooked by new traders. It refers to the emotions and mental processes that traders go through while...
Supply and Demand
Supply and demand is a fundamental concept in economics that plays a crucial role in the forex market. In the forex market, supply and demand dynamics are influenced by...
Backtesting
Backtesting is a process used by traders to evaluate the viability and potential profitability of a trading strategy. It involves using historical data to simulate how the strategy would have performed...
Forex Trading Hours
The forex market is a 24-hour market, which means it is open around the clock from Monday to Friday. However, not all hours are created equal. Some hours are more active than others....
How to trade ChoCh
So what is choch, and how do we apply it to Forex trading? At its simplest, choch refers to a change in character of the market. For example, if we see an uptrend in the Forex market...
Picking the right Zone
Selecting the right Supply and Demand zones, can be confusing. How do you know if a zone will be respected or violated?
At SMT FX, we have a few rules when it comes to selecting...
What is inducement?
SMC Traders are just as at risk as other traders when it comes to liquidity and inducement. But there's things we can look out for to give ourselves the best opportunity of ...
How To Trade Smart
With the invention of the internet, there is a diverse amount of information out there for anyone to read. However, there is very little credible information out there on how to really Trade smart.
Introduction to Forex
Forex trading is an alternative & passive way to make money. Those who take the time to patiently learn it, may realise that trading can be a exciting income source.
Beginning of SMT FX
My name is Chris, and I started SMT FX in September 2021 with 1 goal in mind… make trading as simple as possible for people wanting to learn to trade the Forex Market.
