Since experiencing a significant slump in December, USA, European and Asian equity indices have made significant recoveries in 2019. The potential resolution, to the ongoing tariff driven trade war between the USA and China, has provided the calm to pour over the previously, highly inflammable and volatile markets. But the current benign situation could be […]
The forex market is the largest and most affordable financial market in the world. But, despite the vast number of forex traders, only a few manage to become truly successful. It is estimated that 80% of the traders quit forex trading within the first few months. Here we will present what the trading mistakes newbies
One of the most popular technical indicators for day trading and forex is the MACD. It measures the difference between two exponential moving averages and plots the difference as a line graph. A histogram depicting the difference between the second signal line and the MACD is then plotted. It is possible to change the settings
Why is MACD a Favorite Trading Strategy? Read More »
Trading is all about earning the most profits possible. Many strategies have been developed for that purpose. The 10 pips a day strategy allows you to earn little by little but continuously since it takes time to earn every pip. If you have ever wondered how to win 10 pips a day, you have come
How to win 10 pips a day? Read More »
Today we are going to shed light on fundamental analysis concerning Forex. What do you do if you observe a problem with your sleeping pattern? You certainly look up to the factors involved. In the same way, a currency pair fluctuates due to several factors. Knowing the factors, you’ll be able to make better projections
The GBP/CHF currency pair is one of the most popular forms of forex trading. The act of trading forex involves buying and selling different pairs of currencies with the intent of profiting from incremental (or significant) changes in one currency’s value relative to another. GBP/CHF forex trading aims to buy the Pound and then sell
How to Trade GBPCHF Currency Pair? Read More »
There are two parts to any forex rate: the base currency and the quote currency. The first currency in a quote is called the “basic currency,” and the second is called the “quote currency.” In the price of EUR/USD 1.2000, the base currency is Euro, and the US dollar is the reference currency. Bid and
How to Read a Forex Quote: Guide for Beginners Read More »
One accounting method stands out due to its importance in the financial sector and its impact on traders and investors in the diverse landscape of financial markets and investment avenues. The method is called mark-to-market accounting. Using mark-to-market accounting, assets and liabilities are valued at their market value rather than book value or historical cost.
Market-to-market: How does it affect Forex? Read More »
