8 MINS READ|April 6, 2017
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...
4 MINS READ|March 28, 2017
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 ye...
6 MINS READ|March 27, 2017
Corrective waves simply refer to changes in the dominant trend that appear to go opposite to the direction of the trend. They can occur anywhere, which is why all real-time Forex charts appear rugged with up-and-down movements, even though market ana...
8 MINS READ|March 13, 2017
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 platform, the...
19 MINS READ|March 11, 2017
The forex market globally is worth trillions of dollars. In fact, according to the Triennial Central Bank Survey, in 2022, the global market hit a trading volume of a staggering $7.5 trillion. That only increases year upon year, and is evident in the...
6 MINS READ|March 5, 2017
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, construct...
6 MINS READ|March 4, 2017
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) Histor...
8 MINS READ|February 22, 2017
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 numbe...
8 MINS READ|February 19, 2017
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 know som...
11 MINS READ|February 17, 2017
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 long. As...
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