Investors assessed that rate setter Isabel Schnabel’s less hawkish stance contributed to a fall in eurozone government bond yields after inflation data failed to settle the debate over the European Central Bank’s September rate decision. Bond prices, which move in inverse correlation with yields, are expected to remain in a narrow range ahead of U.S. […]
Euro Zone Yields Set to Fall Week, Focus On US Data Read More »
Trading currencies on the Forex market, or foreign exchange trading, is a global decentralized market. Forex trading offers immense profit opportunities to individuals and institutions due to its daily trading volume of over $6 trillion. Due to the decentralized nature of the market, traders should avoid fraud and unethical practices because of its decentralized nature.
The Role of Regulatory Bodies in Ensuring Forex Market Integrity Read More »
A time of uncertainty can make trading Forex even more stressful. Combined with other financial challenges caused by the pandemic, trading Forex can be a bit difficult. Of course, backing out isn’t a solution. You can build confidence and experience dealing with unfamiliar situations if you know how to trade in times of uncertainty. The
How to Handle an Uncertain Market in Forex? Read More »
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
EU/US Inflation Data Remain the Driving Force Read More »
It is no secret that fractals are among the most fascinating phenomena in science and mathematics. In the world of Forex trading, they can assist traders in identifying key support and resistance levels, along with potential trend reversals. Introduction to Fractals: A fractal is a pattern that repeats itself at different scales. That means a
Fractals: Advanced Technical Tool for Forex Traders Read More »
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
Backtesting Best Practices: Avoiding Curve Fitting in Forex Read More »
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,
Elliott Wave Theory and Its Relevance in Modern Forex Markets Read More »
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
List of Best Forex Trading Strategies for Beginners to Follow Read More »
Collecting orders from numerous financial institutions constitutes an “order block,” a market action. Famous banks and financial institutions manage the FX market. Most investment decisions are made within this set of orders as the market receives more orders. After orders have been placed, there is a sudden jump in price. What the traders at the
How can you Trade with the Order Block Indicator? Read More »
Have you ever heard of a business management practice called “Coin Flip”? How can this trading plan help you make a lot of money in a short amount of time? This exercise’s first goal is to show you how strong you are. One trade will be recorded at market value and another at a different
How to make money using coin flip exercises in Forex? Read More »
