The famous phrase ‘Money Never Sleeps’ sums up the forex market quite well. The fact that forex trading is decentralized and always open for business, it’s like a global marathon with four trading...
Tag - Top forex tips for beginners
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...
Is It Best To Set A Fixed Profit Target Or Just Let A Winning Trade Run?
Imagine you are a day trader investing in an asset you believe will increase in value. You also have a fixed profit target in the first place. However, as the asset increases in value, you are now wondering that...
5 Best Forex Currency Pairs to Trade Beyond USD Pairs and Their Benefits
Investing in currency pairs that involve US dollars is undoubtedly the absolute best place a beginner can invest their capital in the forex market. However, as you gain sufficient knowledge and expertise, it’s...
Investing Young: What Makes Forex Trading So Popular Among Youth?
Investing young in the financial markets can open you up to a world of opportunities. Among its vast expanse, the forex market stands as an enticing trading platform, captivating traders, entrepreneurs, and investors...
What are Cross Currency Pairs and How to Trade them?
Did you know you can trade currency pairs without involving the US dollar? Step into the realm of “Cross Currency Pairs / Cross Pairs” and discover new opportunities in forex trading beyond the popular...
Forex Lifestyle: 10 Ways Billionaire Traders Made Fortunes In Forex
Ever wondered how billionaire traders rake in fortunes from the wild world of Forex? Here’s an interesting take on from the brilliant minds to help you navigate and profit in today’s Forex market. With...
10 Game-Changing Forex Trading Rules That Will Make You a Superstar
Trading forex is like playing a high-stakes game of Monopoly but with real money and no ‘Get Out of Jail Free cards. Sadly, 70% of traders end up bankrupt, 10% barely scrape by, and only a lucky 15% make it rain...
Forex Sentiment Analysis: Profiting from the Mood Swings of the Market
Like Facebook, the forex market is a complex network of users who want to spam our news feeds. No matter how much you, Warren Buffet, or John from the pizza store may joke, the market essentially reflects how all...
Forex Signals: Difference Between a Valid Signal and a False Signal?
Forex signals are used by traders in making trading decisions by determining whether to buy or sell a certain currency pair at any given time. However, navigating the ever-changing landscape of Forex signals can be a...
Forex Trading 101: The Ultimate Guide to Backtesting Forex Strategies
The process of developing a strategy for forex trading is similar to painting a canvas. Similar to an artist who sketches out their vision, traders begin by sketching out their strategies and refine them over time...
What is The Federal Reserve? How the Fed Controls USD Value
In a world where economies ebb and flow like tides, a powerful institution holds the keys to the kingdom of money. Nestled in the heart of the United States, the Federal Reserve looms as a force to be reckoned with...
How to Customize MetaTrader 4 for Personalized Forex Trading
MetaTrader 4 (MT4) stands out as a widely acclaimed Forex trading platform renowned for its immense features. What sets MT4 apart from the rest is its remarkable adaptability, allowing traders to personalize it to their...
Forex Trading 101: How to Trade Forex 24/5 For Beginners
Forex is a global market that never sleeps, offering opportunities for traders from all over the world. If you’re interested in learning more, this is the best place to start! With all global economies...
Forex Correlations: How Stocks, Gold, Oil, and Bonds Influence Forex Rates
Successful forex trading isn’t just about analyzing multiple currency pairs and correlations. It’s important to think beyond and broaden your focus on intermarket forex correlations like how commodities like...
10 Scalping Secrets to Grow Small Forex Accounts Faster
Are you tired of struggling to make your small Forex account grow? Worry not, because there’s a powerful trading strategy that can help you achieve your goals in no time: scalping. I’m going to reveal the...
Forex Elliott Wave Trading Strategy: Ultimate Guide
Elliott Wave theory is a powerful technical analysis tool utilized for several years to predict price movements on the financial markets. It is widely employed by well-off traders in the forex market to gain essential...
How do you Choose the Best Time Frames for Forex Trading?
Forex traders, especially those who are new to forex, often wonder ‘what are the best time frames to trade forex?’. Honestly, there isn’t a single answer as different traders have different trading...
How to Build a Successful Trading Career From Scratch in 2023
The financial market is a fascinating domain that has given rise to a variety of job opportunities. However, the longevity and profitability of one’s trading career are dependent on their ability to understand...
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...
How to Use Forex Leverage: Ultimate Guide
The Forex market is by far the most active and most liquid financial market on Earth. To be successful in the Forex market, it’s crucial to place the right trade at the right time. Successful traders know that...
How to Capitalize on Currency Volatility and Uncertainty in 2023?
The forex market is typically known for its instability, but in 2022, currency volatility was particularly high, surpassing the usual levels. This increased volatility, which more than doubled throughout the year...
Forex Volume Trading Strategy: Ultimate Guide
To thrive in the fast-changing and ever-evolving forex market, it’s crucial to have a strategy that keeps you ahead of the competition. The volume trading strategy is one such approach that can be used to gain an...
Long Position and Short Position: A Beginner’s Guide
Long Position and Short Position are the two key players in trading, working together like a dynamic duo. Both of these concepts are crucial for traders to make profits and manage risks in financial markets, as they...
Forex Price Action Trading Strategy: Ultimate Guide
The price action trading strategy is one of the most commonly used methods in almost every financial market today. Whether you are trading in the short-term or the long-term, analyzing price action can often be...
Recession Trading: 5 Reasons Why You Shouldn’t Be Afraid of Recessions
As the world’s economy continues to ebb and flow, it’s no surprise that many traders feel hesitant to invest in the face of a possible recession. After all, the prospect of financial turmoil can be daunting...
Trading vs Gambling: How can you be a Trader and not a Gambler?
Trading in the financial markets can both be captivating and a stimulating experience, which can potentially lead to gambling behaviors. While both ‘Trading vs Gambling’ entails taking risks to make a...
Forex Risk Reward Ratio: How much to risk when trading Forex?
It should be apparent at this point that losses are an inescapable aspect of forex trading. Regardless of your experience level or profitability, there will inevitably be times when the market’s erratic...
How to Start Forex Trading: A Step-by-Step Guide
Forex trading is a popular form of investment in the global financial markets, and one that can yield significant profits if done correctly. In this guide, we will provide you with a step-by-step guide on how to start...
5 Major Economic Events That Happened for the First Time in 2022
Historically, 2022 was a year marked by a turning point in global politics and finance, indicating the end of one era and the beginning of another. As the key events of 2022 unfold, from the Russian invasion of Ukraine...
How To Optimize Your Trading Portfolio For 2023
As we draw closer to the year-end of 2022, there are likely many tasks you want to complete before the new year. However, reviewing your ‘trading portfolio’ must be one of your top priorities which must not...
Trend Following: Profiting in Bullish, Bearish, and Volatile Markets
As financial markets are facing heightened uncertainty in 2022, more forex traders are actively implementing trend following strategies in an effort to safeguard their portfolios. If you want to make profits in a...
Forex Trading: How to Adapt to Changing Market Conditions
How many of you think that the ultimate secret of success in forex lies in finding the right trading strategy? What if we tell you that merely having a trading strategy isn’t enough, as you need to modify your...
Complete Guide: Forex for Beginners – How to Start Trading?
Forex trading is a prominent investment destination as it fits all traders with different experience levels. However, trading in the forex market is still controversial to many due to the promising yet risky nature of...
5 Reasons Why ‘Cash Is King’ During a Recession
Increasing chatter about a possible global recession in 2023 might force traders to reconsider their trading strategies accordingly. While the financial markets react differently during economic downturns, in rough...
5 Practical Ways A Trader Can Survive A Recession
The Great Recession, which lasted from December 2007 to June 2009, was the longest economic downturn since World War II. Now, a decade later, there is talk and worry that another one is coming, likely in 2023. While...
How Does the FIFA World Cup Impact Forex Trading?
Supply and demand are undeniably one of the primary elements that drive forex market volatility. The value of a currency increases so quickly on the market when a high demand is made for it. The same principle will be...
Forex Trading: Position Size Matters More Than You Know
Determining the volume of currency units to accumulate in a trade often appears to be confusing for novice forex traders. They tend to pick a random position size based on their level of confidence in a trade. Yet...
Which Major Forex Currencies Performed Well In 2022?
It is no secret that global financial-market volatility has skyrocketed in 2022. Market participants are wondering how things will end with increasing inflation, stock prices plummeting, geopolitical tensions in Eastern...
