Determining the future change in the direction of an exchange rate takes prudent research. And many traders focus on the forex markets to find opportunities that will generate profits when the market … [Read more...]
The names used to describe forex broker account types available to a trader vary among the many different online brokers, although most of them will offer a variation on certain basic themes to their … [Read more...]
Many people new to forex trading seem to gravitate initially toward operating largely on an intraday basis, which is commonly known among traders as day trading. There are a number of … [Read more...]
The spot currency market is the largest financial market in the world transacting more than several trillion dollars of turnover every day. Every time you enter a trade into your online trading … [Read more...]
Today we will discuss one of the most important trading tools that every forex trader should be using on a daily basis. This is the Forex economic calendar, which details upcoming economic releases, … [Read more...]
To become a successful forex trader, you will need to develop a trading style that is in line with your personality and level of risk tolerance. In your journey to becoming a consistently … [Read more...]
There are numerous articles written about techniques that can be employed to take advantage of emerging trends. Less has been written about how a trader should approach range bound market conditions, … [Read more...]
When you are trading Forex or any other financial market, you are primarily engaged in the business of taking risks in order to gain rewards. Basically, calculating the risk reward ratio quantifies … [Read more...]
Trading in the foreign exchange market can be quite challenging for both novice and seasoned traders. This is why all forex traders with any level of success will augment their decision-making skills … [Read more...]
The forex markets are quite efficient, and many believe that all the available information is priced into every currency pair. When new information becomes available the value of a currency pair … [Read more...]