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 …
Continue Reading7 Best Forex Trading Apps Plus Their Important Features
Before embarking on their voyages, all seamen, including the famed Christopher Columbus, chart the course of their journey. The ocean is a vast expanse and getting lost takes no effort at all and to achieve …
Continue ReadingLaying Bare The Rules Of A Trading Plan And Why You Need One To Trade Profitably
There is a lot of information that one must process before getting into trading. For starters, you should have a thorough understanding of the trading world, beware of how to actually trade, when to do …
Continue ReadingEssential Guide To Backtesting A Trading Strategy For Free
One of the hallmarks of trading is the ability to avoid loss-making trades. The basics of investment entail that once you place your money, the result follows a pre-determined gain trajectory. Any other consequence would …
Continue ReadingMastering Volumes And What Every Trader Should Know
Momentum is a crucial part of trading, and participants in the market are always taking into account how fast price changes occur. Technical traders are especially keen on momentum. This is because momentum complements their …
Continue ReadingHow To Use Momentum Indicators As A Pro With The Best-Rated Indicators
Day-traders are generally involved in making rapid trades throughout the day, and rarely will they hold a position throughout the night. Moreover, these guys train their focus on the varying price trends throughout the day. …
Continue ReadingThe Best Technical Indicators for Day-Trading; Here’s What You Should Know
While trading, price changes are the key points that determine the profit or loss any trade is posited to achieve. Therefore, traders are keen on the factors that affect price changes and, where possible, predict …
Continue ReadingDemystifying RSI As The Single Best Indicator Forex Traders Can Have
Forex traders often try to predict future position changes in the currency market. This helps them pick out profitable points, allowing them to enter the market and invest. However, a prediction is not as simple …
Continue ReadingFind Out Why Average True Range (ATR) Indicator Works For Dynamic Forex Traders
Anyone curious enough about trading knows who forex traders are. When you become a part of the trading community, chances are you have just achieved trader status. However, despite being the primary driving force behind …
Continue ReadingForex Traders, These Are The 6 Important Types
Traditionally, trading involves the exchange of items between two parties. In most cases, this interaction often yields some kind of benefit for either party. All forms of trading follow the same give-and-take principle with the …
Continue ReadingA Comprehensive Guide On The Types Of Trading Markets Available
Copyright@2020 | MYFOREXGLOBAL.COM