Zahir Shah

The Elliot Wave is a popular method of analyzing the forex markets to identify trading opportunities. It is based on the theory that the markets would reflect nature and prices would move in a five wave pattern. Of these, the first, third and fifth would be upwaves, which are separated by downwaves (waves two and

No one can undermine the importance of a forex calendar to a foreign currency trader. In fact, every dyed-in-the-wool forex trader cannot do without it. They are always on the lookout for clues on when the market can possibly go ballistic. To them, volatility breeds plenty of trading opportunities. While most conservative traders would normally

When trading currencies in the foreign exchange market, a trader initially registers for a trading account and deposits an amount. For the commencement of any trading activity, his deposit should meet a trading platform’s requirements. In the event that a trader is interested in engaging in further trades regardless of limited funds, he should know

White labeling is increasingly becoming popular in the foreign exchange market. Since it is stringed with a load of benefits, many product makers and product developers have adopted the practice; many have registered for accounts on trading platforms that offer the program. But, while others are making it part of their game plan, a few

An outstanding feature of top trading platforms is minimal latency; it is described as the ability to accomplish order execution fast. Usually, once relevant data are set into the software programs and the trading venues are specified, the order execution is done in the blink of an eye. In the world of foreign exchange, it

Quantitative easing is a distinct class of monetary policy that central banks recently started implementing because the traditional way of conducting monetary policy, which involves moving short-term interest rates, was no longer workable. Central banks regularly move short-term interest rates to control the prevailing interest rates in the economy through the interbank market – rates

There is no unequivocal advice as to which currency pair is better for this or that trader. There is no division of currency pairs into categories for beginners and professionals. However, there are a few things to consider when choosing a currency pair. Choose the economy you know the best, like Japanese, Canadian or Swiss,