The longer you’re involved in our fascinating world of forex trading, the more you realize that what you thought you knew at the outset, is now mostly irrelevant. In the exciting early years, shortly after you discover forex trading as a career, you tend to be misguided by many influences and influencers. Eventually we discard […]
The two critically overlooked aspects of FX Trading Read More »
The ongoing question of ‘why investors/traders lose?’ tends to linger in the Forex market. It can’t be that the retail trading markets are like a bent poker game; rigged against the player, as that’s impossible in such a transparent business and marketplace. So does the problem lie with us? “Yes”, is the simple answer and
How to avoid pitfalls in Forex trading Read More »
Throughout the constant big conversation we have with our clients, through our blog and regular articles, we constantly remind you there are no short cuts, or life hacks available when you trade forex. In professions such as retail forex trading, there’s often no alternative other than to roll up your sleeves, begin trading and learn
The importance of using stops when trading Forex Read More »
This week is an excellent example of an economic calendar news week, as it represents one of the busiest in any given month for economic news. We have various MarkitEconomic’s PMIs, interest rate decisions, unemployment data, and GDP releases. The PMIs aren’t noted for their ability to move markets, generally ranking as low to medium
How to trade the reaction to the news and not the news Read More »
There are many options novice traders have to consider, when they’re evaluating if trading may be a viable opportunity. Whether we’re considering trading as a hobby, as an attempt to gain a part time income, or if it’s to eventually become a full time occupation, it’s worth creating a list of pros and cons in
The importance of choosing the appropriate trading environment for a retail trader Read More »
The concept of forex hedging is primarily used by corporations to hedge their exposure to foreign exchange currency fluctuations, manufacturers and exporters are generally considered to be the most frequent users of hedging. The corporate world is not necessarily looking to profit from the currency forex transaction, more likely they’re looking to ensure that the
Hedging your forex trades, what it defines and how to hedge as a retail trader Read More »
It looks so simple when you see it on a chart; a perfectly drawn trend line, illustrating points on a chart, revealing price continuing to move in a certain direction and trajectory. However, similar to many aspects of the skills we need to develop, in order to become proficient and eventually profitable, drawing trend lines
Trend Line Trading Read More »
There are many options novice traders have to consider, when they’re evaluating if trading may be a viable opportunity. Whether we’re considering trading as a hobby, as an attempt to gain a part time income, or if it’s to eventually become a full time occupation, it’s worth creating a list of pros and cons in
The importance of choosing the appropriate trading environment for a retail trader Read More »
Using stops is one of the most secure trading methods we can employ to ensure that the trading risk we take is limited; if price hits our stop, or our take profit limit order, then we’re out, the trade has ended, it’s either profitable, break even, or a loss. One of the benefits with using
The importance of using ‘stops’ in Forex trading at the appropriate times Read More »
As Forex traders it’s essential to keep abreast of all breaking news, and our detailed economic calendar provides the ideal method to ensure you’re aware of what’s upcoming. Through your trading platform you can also programalerts to deliver timely alarms, warning you of upcoming events; perhaps setting a five minute pre-warning that a calendar news
