Learning the technical details of the Forex trading industry is a little bit complex. Some of you might think technical analysis is not required to become a successful trader. Just by using your emotions and gut feelings you can easily…
Category: Forex Trading
Are you thinking that this industry is out of your reach? That you should have quit your trading and gone back to the place where you belong? If you are having these thoughts going in your mind, you need to…
Naturally, as humans, we like to achieve optimal results with minimal effort. This also rings true when trading forex. If there are any ways of achieving good or better trading results with little effort and preferably little expense, then we…
Some traders are without doubt, their own worst enemy. There really are not that many reasons why forex traders fail. However, one of the main reasons that forex traders fail is overtrading. Overtrading can be understood as trading either too…
Forex trades are facilitated by brokers, and as you begin your day trading career, it’s important that you fully understand the different types. In general, Forex brokers fall into two different categories: Dealing desk brokers and no dealing desk brokers….
For the past six months, many online trading specialists such as those affiliated with CMC Markets have been speculating on a potential interest rate hike by the United States Federal Reserve. Although some were calling for such an increase as…
Foreign currency market is a completely different niche and you shouldn’t mistake it for stock trading. If you are really serious about FX trading, you must first learn the basics, get used to the trading environment and the technical aspects…
Perhaps you are new in the forex trade and you have heard other traders talking about price action or PA and wondered what they were referring to; they are simply talking about forex charts in general but specifically the movement…