Category Archives: Forex Basics
We have already covered the basics of pivot points, but now it’s time to learn about how to include them in your trading strategy. Briefly, a pivot point is a level around which the value of the currency will tend to shift direction.To include ...
Margin is one of the reasons Forex trading has become so common and popular nowadays. It allows traders even with little capital to participate in what would usually be hundred thousand dollar trades at the minimum. However, margin can also turn into...
There are so many tools that Forex traders make use of to try and predict future market movements. You can see this by checking the numerous technical indicators found in most Forex trading platforms. The point of using indicators is to identify the ...
Every experienced forex trader has observed certain currency pairs moving in sync or opposition to one another. I noticed this pattern early on and thought I had discovered something groundbreaking. However, I soon learned this is an actual trading c...
A swap is simply an exchange between two parties, by definition, and in trading, a swap involves an exchange of an underlying financial instrument. As such, swaps can be categorized as derivatives. The most common instruments that can be swapped incl...
The United States is usually touted as the leader of the free world for its beliefs in democracy and transparency in governance and even the economy. On the subject of financial transparency, I could show you how untrue this is as we saw during the 2...
Investors are always trying to come up with new and exotic means of making money, and carry trade is one such innovative financial instrument. It involves borrowing money from a country with low-interest rates and investing this borrowed money in a c...
There are a lot of people out there who claim that the Forex market is nothing but a huge scam by Forex trading brokers to rip off traders. Their claims are usually supported by the grim figures often quoted that only 5% of all retail traders make go...
The concept of fundamental analysis is pretty straightforward – wait for the news to be announced and act upon the news. However, it’s a bit more complicated than that and various concepts have to be kept in mind if you want to be success...
While coming up with a trading strategy, one of the most important questions you will have to ask yourself is how long you’re going to be holding your trades. Some traders can hold on to positions for weeks, even months, while others prefer to ...