Even beginners in forex trading would surely appreciate the sheer usefulness of pivot calculator applications. Indeed, there is no better way of identifying the pivot, resistance, and support points of a trading cycle than to use such impressive computational tools. Novice traders often fail to realize though, that there are several types of pivot point […]
Discovering the Pivot Calculator: Variant Choices and Success Read More »
Pips and spreads are what spell profitability and loss in the foreign exchange market. These might appear in a pip calculator in terms of insignificant amounts as $0.0001, but the impact of these figures can be huge depending on the currency values and the lot size of the currency pair being traded. Pips are defined
Computing Pips and Spreads Made Easy with a Pip Calculator Read More »
A margin calculator is a useful tool to determine specific information relative to Forex trading. However, like all tools for every advantage, there is a concomitant disadvantage. This article will tackle both aspects of a margin calculator and then formulate a conclusion relevant to the discussion. Margin Calculator: Currency Value Currency value is based on
Advantages and Disadvantages of Margin Calculators Read More »
Yesterday, the EUR/USD traded right below the 1.23 mark. As the pair continued to fight an uphill battle. The negative global sentiment on risk and the publication of the Fed minutes were a good enough to weigh on the pair. The euro changed hands in the 1.2265 range at the start of trading in Europe.
An Uphill Battle for the Euro Read More »
Currently, oil futures prices are trading above $85.90/bbl with a marginal gain from yesterday’s closing. A large decline in crude oil stocks in the last week has made this spike in oil prices on yesterday. However, on the other side economic concerns due to lower demand and drops in growth forecast from major oil consuming
Crude Oil and Natural Gas on a Sleepy Market Day Read More »
Forex news analysts said that despite news of a bailout package for Spain’s troubled banks, the outlook on the euro would continue to be bearish, with no reason to buy the currency as it would continue to trade low. Initial details of the bailout were announced by Euro Zone finance ministers after their two-day meeting
Forex News: Markets Indifferent to News of Spanish Bailout Read More »
One of the most disturbing pieces of forex news in recent weeks was the announcement that the euro had fallen to a new two-year low against the US dollar as the Euro Zone crisis continued to weigh on market sentiment. The EUR/USD fell to 1.2234 in US trading while EUR/JPY fell to a five-week low
Forex News: Euro Drops to Two-year Low on Continued Uncertainty over ESM Implementation Read More »
Breaking forex news highlighted the growing concerns of forex brokers over potentially predatory practices by so-called ultra-fast or high-frequency traders (HFT). Interdealer broker ICAP said that its EBS trading platform would clamp down on “flash” orders and similar controversial trading activities. Flash traders use highly sophisticated technology that allows them to view orders made by
Forex News: Brokers Crack Down on “Flash” Trading Practices Read More »
How do you find a good online forex training course if you want to get into currency trading? It can be challenging because there are so many of them being offered on the Internet. Of course, you can simply train yourself by setting up a paper trading account with a forex broker and then practicing
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The search for the best forex broker is often considered by novice traders to be quite difficult. After all, finding a top-notch forex agent is not as simple as merely choosing one that boasts an easy-to-afford minimum deposit. In fact, it is not uncommon at all for an aspiring trader to end up disappointed upon
Looking for the Best Forex Broker: Information and Evaluation Read More »
