Forex Trading and Miscellaneous

If you’ve noticed that the euro has risen significantly versus its peers during 2020, then you’re not alone. Euro trading volatility has been higher than in previous years. Versus nearly all its main peers, the single trading bloc’s single currency has gained ground this year. The pandemic and Brexit have secured and anchored the value […]

Novice FX traders are naturally very eager to trade the markets, and this impatience often causes them to overlook the importance of creating a trading plan as soon as possible. In some ways, this oversight is understandable because it’s a chicken and egg situation with forex; you can’t make a trading plan until you know

Many of us use modelling to gain success. We observe who’s been successful in a particular career, and we model ourselves on that person. You might want to be the next Warren Buffett, so you look at how he invests, what investments he makes and crudely copy him. It’s a bit tricky because he’s been

Many cliches and phrases have developed in the retail FX trading community, and several stand up to the test of time. Some of the more poignant expressions you’ll see stamped on trading t-shirts as well as our consciousness, yes, some websites do sell these t-shirts. “The trend is your friend until it bends at the

In forex trading, technical analysis is a method of research-analysis, to predict the direction of the price through the study of past market data; mainly price and volume. The efficient-market hypothesis dismisses the efficacy and efficiency of technical analysis. The thesis proposes that markets are random and highly unpredictable; therefore, it’s impossible to apply technical

“This time it’s different” is a phrase many analysts and traders use when they’re discussing market movements. Many of us watched BTC print record highs back in October 2017 and scratched our collective heads as to the reasons why. The hysteria was evident at the time; message boards, forums and your e-mail boxes were littered

One of the first challenges novice traders face is a significant decision; “what trading platform should I choose?” This decision can alter the course of your trading and can determine many outcomes. It can also colour and prejudice your initial experience of trading. Get it wrong, and your enthusiasm will die. Get it right, and

Our world of forex trading is full of anacronyms, initials, jargon and slang. Understanding many of the concepts behind the terminology is essential wherever you are on your trader development path. ECN trading began pre-internet, in 1990 in the USA. But it wasn’t until retail FX trading became mainstream at the turn of the century

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

Have you ever come across the term “forex margin trading”? Before getting acquainted with the principles of forex margin trading, we want to start in order and analyze all the components of this term.  So, let’s start with the margin. What is the margin?  This is the difference that exists between the selling price and