The proverb “you won’t have time to blink an eye” is perfect for Forex trading. The daily turnover is over $ 6 trillion, and automatic, and “algorithmic” strategies are increasingly used, private traders can find it challenging to keep up. So, here comes the VPS (Virtual Private Server) rescue. Let’s talk about VPS in more […]
4 reasons to have VPS for trading Read More »
From a practical point of view, it is not difficult to make a transaction in the foreign exchange market. But you want to profit, not just a process. What should a trader do to get income from his activities? Let’s take a step-by-step look at the entire cycle of making a deal by a trader,
Trading Plan: Does it really matter? Read More »
When a smart and a stupid person go to war, the stupid one, recklessly rushes into battle without thinking through the details of the forthcoming plan of action. He is like a hungry person who greedily pounces on his favorite dish in a buffet. On the other hand, an intelligent person will first try to
The importance of Forex Market Research Read More »
If you’ve traded stocks, you might be familiar with all of the indices, like the NASDAQ Composite Index, Dow Jones Industrial Average (DJIA), Russell 2000, S&P 500, Wilshire 5000, and Nimbus 2001. Well, if American stocks are indexed, the US Dollar is impossible to beat. For currency traders, we have the US Dollar Index (USDX).
What is Dollar Index? Read More »
Which of the forex market analysis methods to choose from? In this article, we are going to answer one of the most challenging questions! As you learn to trade and communicate with brokers in the forex environment, you will find ardent supporters of one of the three forex analysis methods. But don’t be tempted to
Forex Analysis Methods, What to Choose? Read More »
On Thursday, the U.S. Dollar rose to its highest level in more than two months against the Euro and the Yen. Pessimism on the U.S. economic outlook weakened ahead of the release of important labor market data. The GBP fell against the U.S. Dollar but traded around an eight-month high against the Euro ahead of
Dollar rises amid economic optimism Read More »
The economic downturn in the eurozone intensified in January as renewed restrictions aimed at curbing the coronavirus’s spread hit the bloc’s dominant services sector hard. Coronavirus cases are on the rise again, and governments across the continent have resumed harsh isolation measures, stifling public life and forcing hospitality and entertainment establishments to close their doors.
The Eurozone downturn intensifies! Read More »
The U.S. Dollar moved near a seven-week high on Tuesday, capitalizing on a sell-off in the Euro. The day before, the single currency fell after bans imposed to fight the coronavirus reduced consumer spending in Germany. The squeezing of short positions on the U.S. Dollar also played a role since their number was too large.
Dollar bears start weakening! Read More »
Oil prices are rising after a weak start. However, scattered coronavirus vaccine deployments, new infections, and the discovery of new strains of the virus are casting a shadow over demand prospects.Brent crude oil futures rose 1% to $ 55.57 a barrel, while WTI crude oil futures rose 0.8% to $ 52.61. Both the instruments rose
Surge in oil prices could be short-lived Read More »
At the initial stage of trading, many traders ask a relevant question; which day is best for trading forex? Given that the market is operating and awaiting our actions for 24 hours, five days a week. A different currency pair behaves differently at the same time in forex trading. So, when is it better to
Which Day is the best for Trading Forex? Read More »
