Fast And Easy Ways To Make Money In The Foreign Exchange Market The downside to Forex trading is the risk you take on when you make a trade, and if you do not know what you are doing there is a chance that you could lose big. This article should help you to trade safely. … Read more
What is the best timeframe to Trade? Every trader has their own trading timeframe strategies. Some trade daily timeframes and others trade lower timeframes. Have you asked yourself why you are successful in one timeframe and not the other? Do you ask yourself why some traders have opted to trade higher timeframe to lower timeframe? … Read more
Information That Will Help You Earn Money On The Market For example, American investors who have bought Japanese currency might think the yen is growing weak. The news usually has great indicator as to how currencies will trend. You should set up some email services or texting services to get the news first. Keep two … Read more
The ability to predict how the market will pan out is a valuable asset for any trader to have. Ralph Nelson Elliott developed the Elliott Wave theory to allow traders to anticipate market behavior. While it is not inherently possible to know what will happen tomorrow, having the right information is usually the first step … Read more
Taking partial profits is not unusual in the trading world. In a typical scenario, successful trades are allowed to run their course and return full profits. However, global markets are hardly known for their stability and more so the FX scene. Partial profits are taken early on before the trade runs to completion. Under normal … Read more
If you want to make any decent income from the global markets, then price action trading is one of the go-to methods to achieve this. Simply put, you need to understand price fluctuations thoroughly to be able to identify which assets are likely to appreciate or depreciate, and through the process, generate some decent revenues. … Read more
Your mind is the most powerful asset you possess at any instance. It doesn’t matter how many trading tools and aids you have on tap, if you are unable to engage your mind in any constructive market analysis, trading won’t benefit you. However, we humans don’t make the right decisions all the time. Most times, … Read more
Currencies and commodities are one of the items that fuel the trading world. Traders usually indulge in several currencies on the FX scene as well as a wealth of products on the commodities market. Even so, other market participants branch from the traditional path of trading a sole option and combine the two trading instruments … Read more
Prevailing market prices reveal valuable information about the current conditions and whether they favor trading. As such, traders are always on the lookout for shifting prices as they seek to determine their entry and exit points while trading. Market gapping and slippage are some of the common forms of price shifts in a market. As … Read more
Technical analysis, as we know it today, is a vital part of forex trading. It is a standard market analysis tool popular with short-term traders. These are guys whose timeframes do not allow fundamental analyses hence the need to study the market trends via available data. The frontrunners of technical analysis included one of the … Read more