August 2023

EU/US Inflation Data Remain the Driving Force

EU/US Inflation Data Remain the Driving Force

Following Wednesday’s volatile action, major currency pairs remained relatively quiet early Thursday. Following the release of the Monetary Policy Meeting Accounts by the European Central Bank (ECB), market participants will watch the Eurozone inflation figures closely. The Federal Reserve’s preferred measure of inflation, the Personal Consumption Expenditure Price Index (PCE), will be featured on the […]

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Forex Trading: Disposition Effect Avoidance

Backtesting Best Practices: Avoiding Curve Fitting in Forex

Forex traders require a robust and well-proven trading strategy to guide their operations due to the highly competitive nature of the market. Traders seeking to make informed and strategic trading decisions in the currency market must master the art of forex backtesting. This comprehensive guide aims to help traders understand the ins and outs of

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Asian Sessions: Adapting Strategies for Forex Market Open Times

Elliott Wave Theory and Its Relevance in Modern Forex Markets

Are you familiar with Elliott Wave Theory? Over the past decade, several people have turned to forex trading as a lucrative hobby or career. Day traders are the majority, and as a rule, they use technical analysis to help them understand how to trade better since most Forex traders are day traders. Because of this,

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At What Age Do People Typically Begin Trading, and Should You?

List of Best Forex Trading Strategies for Beginners to Follow

Only some successful traders can use great ways to make money in the foreign exchange market. If you want it to work successfully, choose a strategy that fits with your routine, attitude, and need for excitement. This guide will discuss the best Forex trading strategies beginner traders should follow for a successful trading approach. Scalping

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MetaTrader 5: Why is MT5 the Market Leader in a Trading Market?

MetaTrader 5: Why is MT5 the Market Leader in a Trading Market?

You can use MetaTrader 5 for various financial market activities. This includes fundamental and technical trading analysis, strategy testing, strategy design, automated trading, customization of technical indicators, and scripting. This platform is robust and provides a wide variety of trading instruments. The app is also compatible with mobile devices like smartphones and tablets. Why is

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