Forex trading is notorious for scams, there is no denying that. It’s because of these scams and frauds that you can find so many people who are looking to enter this market asking questions such as ‘Is forex trading real?’ ‘Is the currency market a scam?’ You can’t blame them for this however. There are […]
If you are just starting out in the forex market, you might be thinking ‘do I really need to go all in? The answer to that question is no, you don’t. In fact you are advised to not invest all your savings into one market before getting any experience. So then if you are not […]
Traders use momentum trading to look for signals such as whether a stock is on the verge of popping up i.e. undertakes a specific price position on high volume for a certain time period that ensures profits. Traders who use the momentum trading technique automatically engage in technical chart reading and analysis wherein they look […]
Forex market and its prices are a mystery to most new traders. Questions such as, ‘what causes currency prices to move?’, ‘who decides whether one currency should appreciate in value or depreciate?’ are common on forex trading forums. It is to answer these very questions that this piece is being written. So let’s get to […]
You might have heard the phrase ‘the trend is your friend’. Well, this blog is basically us expanding on the why and how of this statement. The idea here is that a great strategy to make consistent profits in forex is to trade according to the trend. Here are a few tips that will hopefully help you […]
Leverage can be a great help or a curse in investing. Whether you’re an average investor with a moderate risk tolerance level or an aggressive investor with a high-risk tolerance lever, there may be a place for leverage in your financial plan. In forex, traders are afforded more opportunities to use leverage – but also more risk […]
We have discussed the 4 types of forex traders previously in blogs and in the Education section. In this blog we are focusing on the shortest term trading out of the four main types. We will be discussing scalping and how to trade currency on minute charts following the price action. Let’s start at the beginning. What […]
Too many people take too much risk in the forex markets. They feel the consequences quickly when they don’t do their homework.If a trader combines research with planning, success rates increase. Prepare & Plan Prepare and plan – these are two key components that many traders don’t take into account. As in business planning and […]
1. Interest Rates While the influence of central banks may be declining in a globalized economy and with the emergence of cryptocurrencies, there is still no larger influencer than central banks’ monetary policy. Generally, if interest rates are increasing, the economy is doing well and central bankers are encouraged by the economy’s prospects. If interest rates […]
Investors should be aware of the best time to trade in order to trade successfully. Even though the market operates twenty four hours on a daily basis, traders must be aware of the best times for engaging in trading for best results. Alternatively, they must also be aware of the specific timings when it is […]
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