It cannot be denied that the term “forex rollover” never fails to grab the attention of traders throughout the world. After all, what might seem to be minor differences in interest rates, could actually lead to considerable increases in profits. It should be pointed out however, that learning about rollovers is not just about discovering […]
Forex Rollover: Three Must-Know Facts about the Phenomenon Read More »
One of the top things every successful trader should know about is high probability trading strategies. This refers to trades that have very little risks but also very little reward for the trader. Typically, they are backtested to ensure that traders will get profitable results from investing on the trade. This is one of the
High Probability Trading Strategies to Use Read More »
Risky as it may be, there is some wisdom in using leverage and margin in your forex trading. These trading conditions, however, should only be used with extreme caution and with careful planning. The same huge gains that you are expecting with a highly leveraged trade could just as easily result in the same amount
The Use of Leverage and Margin in Maximizing Forex Yield Potential Read More »
You probably often get perplexed why the rates you get from the local banks or money changers are different from the rates you get from online currency converters. But hold your horses first. Before you slap the published rates on the financial dailies into the faces of retail bankers and money changers or before you
More Info about Online Currency Converters and Retail Bank Rates Read More »
Did you know that you can actually use the Google search bar to find the conversion rate of a particular currency into another currency? Try it and you’ll be surprised how fast and how accurate it makes the conversion. Which brings me to a point which I wish to put across – online currency converters
The Real Value of Online Currency Converters Read More »
Without a doubt, “forex rollover” is a term that is often discussed by experienced traders. This does not mean though, that those who are just beginning to explore the various facets of currency trading should overlook the sheer significance of rollovers. Of course, some people would argue that learning about such an aspect in forex
Forex Rollover: a Term that Any Novice Should Know About Read More »
Forex slippage is something that may already be happening to you in your trades without being aware of it. Slippage happens when your trading orders are processed at a price slightly higher than when they were made. For example, if you were buying the EUR/USD currency pair and your ask price is 1.3895; however, when
How to Avoid Forex Slippage Read More »
Nobody ever succeeds in forex trading, at least over the long term, without a good forex trading plan. There are certain advantages to planning your trading activities and plotting your way towards success. Forex trading is all about discipline and following through with a series of actions as indicated in your plan. No trading plan
Forex Trading Plans: Gearing Up for Success Read More »
One of the most successful approaches to high probability trading is a trend trading strategy. In this strategy, the trader attempts to identify in which direction the price of a currency is moving and then enters a trade to capture gains based on this direction. For example, if the price of the USD/EUR is trending
High Probability Trading Using a Moving Average MACD Strategy Read More »
One of the most effective high probability trading strategies combines technical and fundamental analysis to make profitable trades. Technical analysis involves looking at the past behavior of exchange rates in order to determine possible future movements. On the other hand, fundamental analysis studies political and economic developments to determine their impact on prices. While traders
Combining Fundamental and Technical Approaches in High Probability Trading Read More »
