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Psychology of the Forex Market
Perhaps most of you have heard, that among all traders, only around 5% actually succeed. And what, you’ll ask, happens to the other 95%?How to Read a Currency Pair
Forex traders that are looking for ways to gain an edge in the financial markets will need to make sure they have mastered the basics before any real money trades are placed. So if you are looking to learn how to trade Forex, there are some key points that you should have covered before you actually get started.Using Renko Charts to Exploit Divergence Set Ups – Part 1
This article combines the edge that comes from using the Renko charts and explores the idea on how to pick better entries (dips and rallies in a trend) staying within a trend following method. In this first article, we define the common issues faced with picking the dips and rallies and also explore the advantage of divergences that are a common occurrence in the markets and how we can exploit these simple points while analyzing the financial markets.Forex Brokers Should Have These 5 Things
Daily Forex market capitalization is up to $4 trillion, makes it the world’s biggest financial market. Daily price fluctuation is up to 100 to 200 pips in normal market condition, which equals to about $1,000 to $2,000. If you entered the market in the right side, you could gain a lot of money.The Worst Is Yet To Come
After listening to Clinton’s recent speech about the great income inequality and her rendition of the economic failings of late as so often with political rhetoric they always fail to get it right. Sure, there is the greatest wealth disparity gap in our history, millions of middle class wage jobs have vanished and what jobs there are still don’t pay enough to keep pace with the ever rising cost of living. So what to do?New To The Forex Scene? Try These Simple Forex Trading Strategies
Trading on margin has the effect of a money multiplier. But you have to use it properly, otherwise your losses could amount to far more than you ever would have gained. Margin is best used only when your position is stable and the shortfall risk is low.Best And Worst Times To Trade In The Forex Market
Did you know that you need to trade at specific times of the day in order to make a good profit? Here are some of the best and worst times to trade Forex: Best Times To Trade – European-North American Overlap: this is the time when both the New York and London trading centers are open. During this time, you are able to trade using all the European currencies.Understanding The 3 Forex Market Trading Sessions
Although, the Forex market is open 24 hours a day, five days a week, there are only a few hours during the day when you can trade. The best time to trade is during the three major trading sessions: Asian, London and New York.Reasons To Trade FX In Today’s Marketplace
When it comes to investing today, you are going to run into a variety of different options. Some people are going to find themselves face to face with things like gold, silver, or even collectible items. No matter how you look at it though, things are not going to be as simple or as lucrative as trading in the stock market and the Forex market.3 Ways Forex Brokers Play Games On You
Although, Forex brokers are supposed to work with you and help you to be successful in the Forex market, some unscrupulous brokers try to play games on you. Here are some of the ways in which the brokers play games on you: Marking Up The PIP Forex brokers are supposed to transfer orders to the banks and then get commissions for every order that they transfer. Commissions are the only way in which the brokers earn money.The Crash Of 2016?
With the passing of another 4th of July it is a travesty for our educational system where millions of Americans still can’t equate why we celebrate the 4th of July in the first place. It should be noted that our schools ought to make it mandatory for all elementary and secondary high school students to not only read the Federalist Papers but be required to write their own synopsis of why they are so important for America and relevant even today. So many today are oblivious to the real reason this holiday is so important.FAQs About The Forex Market
Although, the Forex market is very popular, there are some people who don’t know about it. Here are some of the questions that will help you in understanding the market better: What Is The Forex Market? This is a market where you buy and sell currencies.