Introduction Forex trading, also known as foreign exchange trading, is the act of buying and selling currencies in order to make a profit. As the global economy becomes more interconnected, the foreign exchange market has grown to become the largest financial market in the world. In Kenya, Forex trading has become increasingly popular as a … Read more
Introduction Earnings Potential Forex trading in Kenya has become increasingly popular in recent years, with more and more individuals looking to take advantage of the potential for high returns in the foreign exchange market. While the earning potential of Forex trading can be significant, it is important to understand the factors that affect a trader’s … Read more
Introduction Forex Trading Taxes in Kenya Forex trading has become increasingly popular in Kenya, with many individuals and businesses looking to take advantage of the potential profits offered by the global currency market. However, as with any form of investment, it’s important to understand the tax implications of forex trading in Kenya. This guide aims … Read more
Introduction Trading Forex trading, also known as foreign exchange trading, is the process of buying and selling currencies in the global market. It is one of the most popular forms of trading and investment, with a daily trading volume of over $5 trillion. In Kenya, Forex trading has grown in popularity over the years, with … Read more
Introduction Mobile Forex Trading The foreign exchange market, also known as the forex market, is a global market where currencies are traded. In Kenya, the forex market has grown significantly in recent years, with a rising number of individuals and businesses participating in the trading of currencies. One of the major developments in the Kenyan … Read more
Introduction Online forex trading is a game-changer for Kenyan investors as it offers a convenient and accessible way to participate in the global currency market. With the rise of technology and the internet, online forex trading has become increasingly popular in Kenya, allowing investors to easily access the market from anywhere with an internet connection. … Read more
How Are Bollinger Bands Used in Forex Trading? Technical analysts and traders in all markets, including forex, use Bollinger Bands. Since currency traders benefit from small price shifts, being able to recognize volatility and trend changes quickly is critical to having a profitable strategy. Forex trading is one of the world’s most common trading markets, … Read more
Forex trading is one of the most lucrative ventures out there. At the moment, traders complete trades valued at over $5 Trillion daily. This mind-boggling amount generally points to the market’s potential to give you decent returns on your investment. Typically, you can enjoy a piece of the FX trading scene by trading Over-the-counter (OTC). … Read more
One of the reasons traders favor the FX market over other assets and commodities is the high liquidity displayed by the currency market. Also, since all that traders need to access this market is an internet connection, trading FX is often a global affair. Moreover, because of its international reach, the FX scene is greatly … Read more
Market volatility usually indicates the shifting price points and is a significant factor that determines whether a trade will turn a profit. Bollinger bands are one of the most important indicators of market volatility to use in 2020. Simply put, market volatility affects price trends. A volatile market will have the prices of trade options … Read more