Category Archives: Forex Basics
Myfxbook is an invaluable online resource for Forex traders seeking market data and industry knowledge. While many websites offer information, Myfxbook provides unique value through its breadth and depth of features.As an established hub for traders,...
Gap trading is a common trading strategy that has been widely used in the stock markets. Because of the after-hours and pre-market trading sessions, gaps were a common phenomenon in the stock markets, but not so much with forex.Since the past few yea...
Gap trading is a common trading strategy that has been widely used in the stock markets. Because of the after-hours and pre-market trading sessions, gaps were a common phenomenon in the stock markets, but not so much with forex.Since the past few yea...
Expert advisors are among the most innovative features offered through Forex trading platforms, and they can have enormous benefits for the user. If you have never used one before and still don’t know how to launch one onto your trading platfor...
Following the financial crisis of 2007-2008, the US government felt the need to tighten regulation around various financial instruments. Although they didn’t admit it, the financial crisis was fuelled by the regulators’ inability to monit...
The S&P is only an index of some 500 major companies in the US, but it is also a lot more. Of all the indices in the US, of which there are a few, the S&P has the widest variety of industries included. From telecommunication to engineering, c...
The best technical analysis tools have been tried and tested many times. What better way to find one than among the oldest ones? Gartley is one such tool that involves the study of chart patterns. (Comparing fundamental and technical analysis)...
If you’re a fan of Dan Brown and read The da Vinci Code, then you have already heard of the Fibonacci sequence of numbers. The numbers in the Fibonacci sequence can be quickly created by adding a subsequent number from the sum of the 2 previous...
Divergence in Forex trading is a very simple trading strategy when you learn how it works. For those who understand the principles of divergence, it can be a very powerful tool in your trading arsenal, but you won’t profit from it unless you kn...
Finding the best spreads to trade at is among every trader’s priorities because the spread affects the potential profits to be gained. However, it can be difficult to find the lowest spreads in the market because the Forex brokers list is so lo...