Aximdaily

Tag - Best Forex Trading

How To Build Your Own Automated Trading System in Forex? 

Automated forex trading has quietly taken over the trading world! Nowadays, the majority of Forex orders are executed through automated trading systems. In fact, in the US, around 70% of daily transactions are made by...

Understanding Bid and Ask Prices in Forex Trading

The world of Forex trading is highly intricate and entails a plethora of technical terminologies and complex strategies. Among the fundamental concepts that every trader must comprehend, ‘Bid and Ask’ prices...

Top Forex Day Trading Tips and Strategies

As one of the largest and most liquid financial markets in the world, forex offers tremendous opportunities for savvy traders looking to make profits in a single day. However, succeeding in forex day trading requires a...

Top Technical Indicators Used in Forex Trading

Forex trading is a complex and volatile endeavor, requiring traders to navigate a constantly changing environment of currency values and economic indicators. As you navigate the perilous landscape of the forex market...

Gold vs Forex Trading: Which Should you Trade?

Gold has been a classic investment option for centuries and is commonly used as a hedge against inflation and a reliable wealth storage medium. Gold offers a good investment opportunity that is often less focused on...

Safe Haven Assets To Invest In During Recessions

Portfolio protection has now become a primary concern for traders and investors in the current cyclical environment, with Covid-19, Inflation, Interest rate hikes, and European conflicts creating uncertainty in the...

Amazing Tips on How to Become a Professional Trader

Achieving a consistent stream of profits in the financial markets, in reality, appears to be far more challenging than it appears at first glance. In fact, research suggests that over 80% of those who wish to become...

When to Move from Demo to Live Forex Trading Account

So, you have learned everything there is to know about Forex from pips, spreads, margins, leverage, brokers, and trading costs, and all that’s left to do is log in, select those charts, and start trading. Right...

Forex Trading: How to Open Your First Trade

Getting started with trading and transitioning into a financially independent lifestyle has become increasingly popular among people of all ages in recent years. Thanks to the meteoric rise of retail Forex trading...

Forex vs Stocks Trading: Which is Better for Beginners?

Forex vs Stocks? Which is the most reliable way to make money faster and easier? This is the most common question that confronts today’s newer generation of investors and traders, who are selective and peculiar in...

What is the US Fed Dot Plot and How to Interpret It?

The Fed dot plot summarizes the FOMC’s expectations for the future federal funds rate. Investors and traders around the globe closely watch changes in the dot plot to clue in upcoming changes in the Fed’s policy, which...

Forex Trading: 7 Tips to Handle Trading Losses

Trading losses are an inevitable aspect in the world of trading and investment. Almost every trader will encounter a trading loss that will impact his trading attitude and find it hard to bounce back after. Except for...

Weekly Market Outlook: Will the NFP Boost the US Dollar?

Weekly Market Outlook All eyes turn to the US data this week, with the NFP in focus as market participants are expecting a continued recovery in the labor market. Fed Chair, Jerome Powell, will testify before the...

free online forex course