Trading currencies in normal market conditions typically involves taking calculated risks, but trading them during major news events can be far riskier. For this reason, many conservative forex … [Read more...]
How to Identify and Trade with the Trend in Forex
There are many different analysis tools in Forex trading. If you look at a chart template that some traders use, you might get easily confused by the many indicators plotted. Although Forex indicators … [Read more...]
Forex Money Management Tactics to Protect and Grow Your Account
The foreign exchange market holds the remarkable position of being the world’s largest financial market. Prior to the advent of online forex brokers that brought forex trading to the masses, this huge … [Read more...]
The Beginner’s Guide to Setting Up the Metatrader Forex Charting Platform
Nowadays, most forex trading transactions are executed online. Trading technology is becoming increasing advanced and traders can initiate trades within milliseconds via their preferred trading … [Read more...]
The Pros and Cons of Forex Demo Trading
Despite its position as the world’s largest financial market, the forex market has only become readily accessible to retail traders in recent years due to the advent of Internet based trading via … [Read more...]
Profitable Bollinger Band Trading Strategies for FX Markets
These days there are many different indicators available for trading the Forex market. And it seems every few months or so a new trading indicator arrives on the scene. But many times, these new … [Read more...]
An Overview of the Major Forex Currency Pairs
As the name “foreign exchange” implies, transactions in the forex market all involve an exchange of currencies, so currencies are priced relative to other currencies and are transacted at a certain … [Read more...]
Anatomy of Popular Moving Averages in Forex
What is a Moving Average? The Moving Average indicator is one of the most basic Forex technical analysis tools. It is an on-chart lagging line, which smooths the price action. The reason for the lag … [Read more...]
How to Use Currency Correlation in Forex Trading
Correlation in finance is the statistical measure of how two different assets move in relation to each other. A positive correlation exists between assets that tend to move in the same direction. For … [Read more...]
Top Five Things to Consider Before Choosing a Forex Broker
The foreign exchange market is the largest capital market in the world. As one might expect with any volatile market, the potential for great returns comes along with the risk of suffering … [Read more...]