Forex Trading Articles

  • Why zero-fee FX trading accounts are hero accounts

    Dec 14, 20 • 56 Views • Forex Trading Articles Comments Off on Why zero-fee FX trading accounts are hero accounts

    Experienced FX traders recognise the importance of keeping their overheads under control when they trade. They look for certainty wherever and whenever it’s available. They’ll look for tight spreads, low commissions, accurate fills and overall reliability...

  • Forex Trading System is a Quest to Learn about Fallacies

    Less can be more when you trade forex

    Dec 10, 20 • 85 Views • Forex Trading Articles Comments Off on Less can be more when you trade forex

    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...

  • When is it a good time to reconsider changing your trading plan

    Are you sticking to your trading plan, if not, why not?

    Dec 9, 20 • 75 Views • Forex Trading Articles Comments Off on Are you sticking to your trading plan, if not, why not?

    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...

  • The surgical precision of the FX trader

    Dec 8, 20 • 84 Views • Forex Trading Articles Comments Off on The surgical precision of the FX trader

    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...

  • Trading what you see on your FX charts not what you think is highly relevant right now

    Dec 7, 20 • 74 Views • Forex Trading Articles Comments Off on Trading what you see on your FX charts not what you think is highly relevant right now

    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...

  • What is technical analysis, and why should you use it when trading FX?

    Dec 3, 20 • 58 Views • Forex Trading Articles Comments Off on What is technical analysis, and why should you use it when trading FX?

    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...

  • As the price of BTC (Bitcoin) reaches record highs, analysts consider where it’s heading next?

    Dec 3, 20 • 51 Views • Forex Trading Articles Comments Off on As the price of BTC (Bitcoin) reaches record highs, analysts consider where it’s heading next?

    “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...

  • Why independent trading platforms like MT4 are the go-to choice of many traders

    Dec 3, 20 • 61 Views • Forex Trading Articles Comments Off on Why independent trading platforms like MT4 are the go-to choice of many traders

    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...

  • What is ECN trading, and why is it the access to FX many traders insist on using?

    Dec 2, 20 • 65 Views • Forex Trading Articles Comments Off on What is ECN trading, and why is it the access to FX many traders insist on using?

    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...

  • Which Day is the best for Trading Forex

    Which Day is the best for Trading Forex?

    Jun 30, 20 • 879 Views • Forex Trading Articles Comments Off on Which Day is the best for Trading Forex?

    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...