The spot forex market is the largest single financial market in the world. The term spot indicates for immediate delivery. This differentiates from forward contracts such as futures which involve … [Read more...]
Chart patterns are essential parts of Forex trading technical analysis. One basic on-chart formation is the 123 reversal setup. The 123 chart formation is quite common and appears at the beginning of … [Read more...]
FX markets often experience sharp moves on the back of news or data releases. This extra boost in volatility can give traders many opportunities to place short term trades. High impact news … [Read more...]
Quantitative easing by the Fed refers to an unconventional monetary policy tool that made headlines during the 2008 Financial Crisis, and more recently during the Covid-19 pandemic. What is … [Read more...]
We have all experienced inflation at some point in our lives. It seems that the price to attend college only seems to go up and never declines. Tolls on the highways and fees for the subways are a … [Read more...]
Most traders are familiar with traditional moving average studies such as the simple moving average, exponential moving average, and volume weighted moving average. These are some of the more popular … [Read more...]
The United States and Canada are two of the largest economies in the world. As such, the USDCAD currency pair is widely watched and traded around the globe. There are some very unique characteristics … [Read more...]
Candlestick charts are becoming increasingly popular among technical based traders and investors. These charts make it very easy to evaluate the four primary levels within each candle formation. This … [Read more...]
Whether you are seeking to earn a side income or interested in pursuing trading as a full-time career, the Forex market offers many advantages over traditional financial markets. One of the biggest … [Read more...]
One of the hardest things about trading is staying disciplined and following your outlined rules. One of the best ways to overcome the urge to deviate from your prescribed trading plan is to create a … [Read more...]