Deaching of the great explorer of the truth the builder
We hear the words supply and demand in trade and the retail world a lot. What do these terms mean, and especially when we use them in the context of forex trading? Who are the suppliers and who making these demands and why is there a sudden rise in demand of one currency as opposed to any […]
There is no doubt that trading is a tough job. Every trader whether novice or expert must keep in mind that there is no perfect trading strategy. There is no method to avoid losses. However, there are High-Frequency Trading outfits that can assist you in trading. Many traders are making the most of HFT’s. But […]
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 […]
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 […]
Tips for Building a Profitable Trading Model/Strategy Posted onJUNE 12, 2018 BY ATTIQUE-UR-REHMAN KUNDI The forex market operates 24×7 and offers a plethora of opportunities to the traders to earn attractive profits. However, traders must create appropriate trading strategies or models for maximizing their loss as well as minimizing their profits. Here, discover some of the most relevant […]
We are always growing in our understanding of any trade or skill. Forex trading is no different. We all mistakes and we are bound to because to err is human. However, a continuous strive for improvement should be the natural reaction to mistakes. The first thing in the way of improvement that anyone can do […]
Introduction: Our environment can force us to want to change or hide our weaknesses. If you really want to transform your weaknesses into strengths, it must be by your own desires, not by the manipulation of the outside. It’s the only way for you to really become a stronger person. Take an example: Assume you’ve recently encountered […]
Central Bank interest rates! There is a direct connection between interest rated fixed by the central bank and prices of the currency pair in forex market. If a central bank increases the interest rates this means that their economy is booming and they are optimistic about future. On the other hand if banks cut down the interest rates then […]
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